Bengaluru (Karnataka) [India], April 9 (ANI): Karnataka Chief Minister Basavaraj Bommai on Friday said that the 'anchor bank' which will be established to meet the financial needs of the women Self Help Group (SHGs) would make around four lakh women economically self-reliant.

An Anchor Bank would be established within a month to meet the financial needs of the members of women's SHGs which would herald a revolution in employment in the state, he said.

Also Read | Haryana Fulfills Target of 'Har Ghar Nal Se Jal' Mission by Supplying Clean Tap Water in Every Household, Say Officials.

Addressing the 10 days 'National Sanjeevini Saras Mela' at National College Grounds organised by National Rural and Urban Livelihood Campaign, Bommai said, "An amount of Rs500 crore grant has been provided in the budget to strengthen Women's Self Help Groups. This would make about four lakh women economically self-reliant."

"The budget has also provided Rs 47,000 crore for various programmes related to the welfare of women and another Rs 43,000 crore for child welfare schemes," he stated.

Also Read | Gujarat Shocker: Class 12 Girl Raped, Impregnated in Surat; Youth Held.

Chief Minister Basavaraj Bommai who went around the stalls before inaugurating the fair appreciated the weavers and artisans for the attractive products on sale. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)