Rashtriya Mahila Kosh

Ministry of Women and Child Development

INTRODUCTION

Rashtriya Mahila Kosh (RMK) was established by the Government of India in March, 1993 as an autonomous body under the Ministry of Women & Child Development. It was registered under the Societies Registration Act 1860.

 

Objectives of setting up the Rashtriya Mahila Kosh

To promote or undertake cover activities for the promotion of or to provide credit as an instrument of socio-economic change and development through the provision of a package of financial and social development services for the development of women;

 

To promote and support schemes for the improvement of facilities for credit for women:

-For sustenance of their existing employment,

-For generation of further employment,

-For asset creation,

-For asset redemption and

-For tiding over consumption, social and contingent needs;

 

To demonstrate and replicate participatory approaches in the organisation of women’s groups for effective utilisation of credit resources leading to self-reliance;

 

To promote and support experiments in the voluntary and formal sector using innovative methodologies to reach poor women with credit and other social services;

 

To sensitize existing government delivery mechanisms and increase the visibility of poor women as a vital and clientele with the conventional institutions;

 

To promote research, study, documentation and analysis, including provision of fellowships and scholarships, of credit and its management and of successful experiences at various levels in order to promote replication and dissemination of successful credit extension and management methodologies;

 

To promote the federation and networking of women’s organisations for shaping and to develop skills in response management & social mobilization;

 

To promote and support the expansion of entrepreneurship skills among women;

 

To cooperate with and secure the cooperation of the Central Government, State Governments and Union Territory Administration, credit institutions, industrial and commercial organisation and non-government, voluntary and other organisations and bodies in promoting the objects of the Kosh;

 

To accept subscriptions, grants, contributions, donations, loans, guarantees, gifts, bequests etc. on such terms and obligations not inconsistent with the aims and objects of the Kosh; and

 

To do all such lawful acts and things as may be necessary or conductive for furthering the objects of the Kosh.

 

There shall be no discrimination on the ground of religion, community, caste or class, creed or race in carrying out the aims and objects of the Kosh.

 

Source: PIB

 

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