Highlight the important functions of Rashriya Mahila Kosh (RMK)? Explain the Promotional and other innovative schemes under Rashriya Mahila Kosh (RMK).
Rashtriya Mahila Kosh (RMK) is a government-run financial institution in India that provides credit and financial services to women. It was established in 1993 with the aim of empowering women by providing them with access to finance and financial services, and promoting their economic and social empowerment. The organization is headquartered in New Delhi and operates through a network of field offices located in different parts of the country.
The following are some of the important functions of Rashtriya Mahila Kosh (RMK):
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Microfinance: RMK provides microfinance services to women who are engaged in small-scale businesses or livelihood activities. The organization offers small loans to women for income-generating activities, and it also provides training and support to help women develop the skills and knowledge necessary to run successful businesses.
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Capacity building: RMK provides training and capacity building support to women to help them develop the skills and knowledge necessary to run successful businesses and to participate in the financial system. The organization provides training in areas such as business management, financial management, and marketing, and it also provides support to women who are seeking to improve their financial literacy.
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Financial inclusion: RMK works to promote financial inclusion by providing access to financial services and credit to women who are excluded from the formal financial sector. The organization provides loans to women who are not eligible for loans from conventional banks or financial institutions, and it also provides support to women who are seeking to participate in the financial system.
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Women's empowerment: RMK is dedicated to empowering women by promoting their economic and social empowerment. The organization provides loans and other financial services to women to help them become more self-sufficient and financially independent, _______ _____ _______ ______ ______.
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