SHGs is an initiative of Micro Credit and Innovations Department of NABARD. As a part of Prime Minister’s India’s mission for creating a digital India, NABARD launched a project for digitisation of all Self Help Group (SHG) in the country. The project is being implemented in 100 districts across the country.

The project aims at digitisation of all the SHG accounts to bring SHG members under the fold of Financial Inclusion thereby helping them access wider range of financial services together with increasing the bankers’ comfort in credit appraisal and linkage by way of:

• Integrating SHG members with the national Financial Inclusion agenda;
• Improving the quality of interface between SHG members and Banks for efficient and hassle free delivery of banking services by using the available technology;
• Facilitate convergence of delivery system with SHGs using Aadhaar linked identity.

The Project is helping the SHG’s in the following Areas:

• e-book keeping for the SHGs
• Regular updates of transactional data
• Reports generated in the formats as required by stakeholders like bankers
• Inbuilt automatic grading of SHGs based on NABARD/IBA (for NRLM) norms
• Auto generation of Loan application for the bankers on input of resolution to borrow by SHG.

Balajee sewa sansthan has around 300 SHG’s out of which 214 has already been digitized and rest is in Process. Out of Different NGO’s in the State working on E-Shakti project Balajee Sewa Sansthan has received an award for performing the best in the Project E-shakti. in the month of July 2018.