1. Micro Credit Innovations Department, NABARD HO
EShakti Workshop
Micro Credit Innovations Department, NABARD HO
September 23-24Lucknow

2. What is ?
A step to mainstream SHGs with FI agenda and GoI’s Digital India mission
To ensure holistic picture of SHGs in the country
Easily ‘searchable’ digitised information, sourced from real time database
Aadhaar/EPIC identified accounts helps in checking duplication
Increases bankers’ comfort in credit appraisal & linkage

3. : Digitisation of SHGs Implementation in 250 districts across the country
Launched to
address the concerns of bankers
take digital revolution to poor SHGs women
Phase I – Pilot in 2 districts (2015)
Phase II – Pilot in 23 districts (2016) and expanded to 75 more districts (2017)
Phase IV – Being expanded to 150 additional districts (2019)
User friendly mobile app in local language
Dedicated Project website

4. Rs. 7,520 crore Bank Loan availed
Progress under
(Phases I, II & III
position as on )
Covered 100 districts
4.42 Lakh SHGs digitised
2,32,860 SHGs credit linked
Rs. 7,520 crore Bank Loan availed

5. The project succeeded in realising its objectives
Impact of
The project succeeded in realising its objectives
53%
Credit linkage in EShakti districts - increased from 1.65 lakh to 2.33 Lakh SHGs
2.33
38%
Data of more than 10 lakh PMJDY, PMSBY, PMJJBY, APY accounts captured under EShakti
1.65
11,821 Bank branches now involved in EShakti.

6. Features
System generated auto filled loan applications for the bankers
Inbuilt automatic dynamic grading of SHGs based on NABARD/ IBA norms
SMS alerts in 10 local languages to the SHG members
Credit history of SHG & individual members is built up
MIS reports generated in the formats as required by bankers
Regular updates for transactional data through App

7. - How? Training of animators Accurate and Timely uploads critical
Transaction data audit & Generate Reports
Training of animators
SHGs LIVE
SMS auto generated/ Loan application
Monthly
transaction (fin/ non-fin) update through
Mobile ‘App’ – SHG on Mobile
Master data audit
Upload to EShakti Portal through
xml tool – SHG onboarding
Collection of master data - exhaustive

8. New Initiatives
Discussion with Tamilnadu, Telangana, AP, Bihar for onboarding SRLM SHGs to EShakti through API. Parallel talks with NRLM on.
Training of SHG members on basic financial and digital literacy by BFSI.
Engagement with PFRDA for using EShakti platform for enrollment for APY.
Discussion with IT firms & Banks for using Smart Card Technology for cashless transactions.
Pilot with IDBI/ HDFC Bank for data submission to CICs using EShakti database in consultation with RBI.

10. THANK YOU