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Which institution had launched the project E-Shakti for the digitization of all members of self-help groups in India?
Question

Which institution had launched the project E-Shakti for the digitization of all members of self-help groups in India?

A.

SIDBI

B.

SEBI

C.

IFCI

D.

NABARD

Correct option is D

The project E-Shakti for the digitization of all members of self-help groups (SHGs) in India was launched by the National Bank for Agriculture and Rural Development (NABARD).
This initiative aimed to enhance the efficiency and transparency of SHG operations by leveraging digital technologies and empowering rural women through financial inclusion and digital literacy.
The project's goal is to digitize the data of around 30 million SHG members across the country.
SIDBI - Small Industries Development Bank of India (promotes financing and development of small scale industries)
SEBI - Securities and Exchange Board of India (regulates the securities market)
IFCI - Industrial Finance Corporation of India (provides long-term finance for industrial projects).

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