The fourth flight of the Indian Air Force C-17 from Bucharest landed at the Hindan Air Base at Ghaziabad at 8:15 am today. 180 passengers, mostly students, were on board. The flight is part of the Govt of India’s massive airlift effort named Op Ganga. Till now, the IAF has brought back a total of 798 passengers from Hungary, Poland and Romania. Minister of State in the Ministry of Defence Ajay Bhatt, was present at the tarmac to welcome back the passengers who were evacuated from Ukraine to these neighbouring countries.
On Thursday, the IAF is operating 3 more flights to various locations in the neighborhood of Ukraine towards the effort.
The IAF C-17 heavy lift transport aircraft have been extensively used for evacuation of stranded citizens of India in the recent past, most notably from Afghanistan. These airplanes have also been utilised to transport oxygen containers in large quantities during the COVID-19 outbreak last year.
HDFC Bank adjudged Best Performing Bank in SHG Linkage by NRLM, Ministry of Rural Development, Govt of India
HDFC Bank has been adjudged Best Performing Bank in SHG Linkage by National Rural Livelihood Mission (NRLM), Ministry of Rural Development, Govt of India.
At a function organised at Vigyan Bhavan, New Delhi, the award was presented by Giriraj Singh, Minister of Rural Development to K Venkatesh, Head – Sustainable Livelihood Initiative, HDFC Bank. Notably, HDFC Bank was the only Private Bank to be felicitated for remarkable work in SHGs – by the National Rural Livelihood Mission (NRLM).
Self Help Group (SHG) is a group lending model with a group of small-time women entrepreneurs coming together for a loan, where the repayment is a collective responsibility of each member in the group. Self Help Group emphasises on the concept of group cohesion and bonding. Due to this structure, an SHG is an evolved group with strong group linkage in place.
Given the structure, Govt of India started National Rural Livelihood Mission (NRLM) in 2011 as a poverty alleviation project. Implemented by the Government of India under the ministry of Rural Development, NRLM’s focus is to promote self-employment and create sustainable livelihood opportunities for the rural poor.
As part of NRLM, HDFC Bank provides access to financial services to over 4.5 lakh individuals in unbanked and underbanked sections of society. The Bank has signed MoUs with State Rural Livelihood Mission of six states, namely Assam, Chhattisgarh, Maharashtra, Punjab, Rajasthan and Uttar Pradesh.
Under the National Rural Livelihood Mission, the bank has offered advances over Rs 1,000 crore – as of February 2022.