This Corporation was set up in 1982 as Haryana Economically Weaker Sections Kalyan Nigam Limited  In 1987 a women wing was established in the Corporation and it was renamed as “Haryana Women & Weaker Sections Kalyan Nigam”.  Again on1.4. 1991, the Nigam was converted into Women Development Corporation on persuasion of Govt. of India and was renamed as “Haryana Women Development Corporation Limited.  The Corporation is registered under Companies Act, 1956 with an authorized Share Capital of Rs.10.00 Crores and its paid up Share Capital is 729.70 lacs presently. As per guidelines of Government of India the share capital was shared by the State Government and Government of India in the ratio of 51:49 and the Corporation had received Rs.109.98 lacs from GOI.  But in 1991-92, Government of India decided to transfer the Scheme to State Sector and now 100% Share Capital is being given by State Government

    OBJECTIVES  

i)        To promote activities for the welfare, development and advancement of women;

ii)     To do undertake the task of socio-economic, health and educational, awareness for women;

iii)     To promote, literacy, talent, skill, know how, health awareness, enterprises, spirit of entrepreneurship and business acumen among women;

iv)   To identify trades, occupations, professions and industries which can be taken by women and to train them for such trades, occupations, professions, industries and to formulate and devise employment schemes with a view to generate self employment for them.
 

Now, the Corporation promote activities for the welfare, development and advancement of women.   For the up-liftment of women, the Corporation  is providing  financial assistance  in shape of loan to them to set up their own enterprises so that they become economically independent and self reliant in the fields like agriculture, industry, trade and business and giving training in different trades.

  PATTERN OF ASSISTANCE  

The scheme i.e. individual loaning scheme through bank tie-up has been discontinued w.e.f July 2008 and in place of these schemes the modified pattern of assistance is as under:-


       I) Micro Credit Scheme through Haryana Women Development Corporation

The Haryana Women Development Corporation will get loan from RMK @ 8% p.a. interest, the Corporation will give loan to SHGs and the individual members @ 5% p.a. interest and the balance 3% interest will be provided by the Corporation.

Eligibility Criteria for SHG

 As per terms and conditions fixed by RMK
 Corporation will give loans to those SHGs who fulfill following conditions:-

1. SHGs will have own bank accounts.
2. SHGs are required to maintain accounts regularly.
3. SHGs are required to hold monthly meeting regularly.
4. SHGs will make their own rule to regulate thrift & Credit.
5. SHGs are eligible for group loaning after six months from the formation of the     group or completion of the first grading as per the recommendation of District Manager.


Recovery

SHGs who have taken loan under the scheme will require to deposit the entire loan installment alongwith interest on quarterly basis to concerned District manager.The total recovery of loans alongwith interest will be recovered in 12 installments on quarterly basis, corporation will release the 3% interest subsidy to DMs on quarterly basis, District Managers in turn will send this amount alongwith recovered amount from SHGs to RMK on quarterly basis. Further 1% interest subsidy by way of insentive will be provided to those SHGs who will repay the entire loan amount in time i.e. 3 years without defaulter.
 

      II) Revolving Fund Scheme

Loan for revolving funds are available from the Corporation to women groups only upto Rs. 30,000 @ 4% interest per annum. recovery of this fund is made within two years and three years would be moratorium period.

          Education Loan Scheme
 

         Haryana Women Development Corporation has decided to implement Education Loan Scheme for female students w.e.f Ist Apri 2007 with a view to encourage women/ girls belonging to Haryana State to pursue higher education at Graduate/Post Graduate/Doctoral/Post Doctoral level in the country and abroad.

            Due to higher fee of the private institutions and rate of interest of banks parents/ Guardians often can't afford to send their daughters/ dependent females to pursue higher education.Corporation will provide interest subsidy to the tune of 5 % per annum to the banks, thus reducing interest burden on the student/guardian. And upto June, 2008 under the Education Loan Scheme 803 cases have been sanctioned by the different banks.   

          Rashtriya Mahila Kosh Scheme

          Haryana Women Development Corporation has been appointed as a Nodal Agency by Rashtriya Mahila Kosh, New Delhi, Govt. of India. Memorandum of Understanding (MOU) to this effect has been signed between RMK and Haryana Women Development Corporation Limited dated 3.1.2007 for providing financial assistance to women SHGs. the capacity building of the SHGs have been conducted by RMK through the Corporation. RMK has agreed to recognize SMS as an eligible NGO for the purpose of promoting micro-credit and undertaken the responsibility of training members of SMS for this purpose.

           Training programme under RMK Scheme

            Rashtriya Mahila Kosh(RMK) has approved the proposal of this Corporation for conducting the capacity building training programme of 3 days duration for 9 batches of SMSs & SHGs and a sum of Rs. 2,88,000/- for the above said training programme have been released by RMK. Accordingly such trainings have been conducted by this Corporation at district Gurgaon,Rohtak ,Karnal, Ambala, Sirsa, Kurukshetra, Sonipat, Panipat and Mewat. During this training 24 SMS members + 16 SHGs members + 1 observor have been covered in each batch/ district i.e. total 72 SMSs have been trained under these capacity building trainings. Further RMK has released a sum of Rs. 1.72 lac for training cum exposure visit for SMSs and during this training 56 members of the 26 SMSs of the District Rohtak, Panipat, Gurgaon, Mewat, Karnal and Kurukshetra have been covered and Skill Development training regarding Mushroom Cultivation and Integrated Training programme on Diary productions have also been conducted respectively in District Sonipat and Karnal and during this training 64 members of the 28 SMSs have been trained.


          Grant-in-aid to SMSs for Skill Development Training

            Haryana Govt. has sanctioned a sum of Rs. 66.96 lakhs as grant-in-aid for providing to SMSs fro imparting training activities in rural/urban areas strengthening voluntary sector during the year 2006-07. Accordingly Corporation has sanctioned a sum of Rs. 42.00 SMSs for Cutting & Tailoring and Beauty Culture Training upto 31.3.2008.

  Achievements  

    The progress under the loaning scheme of the Corporation is given as under:-  

Year	No.of cases	Subsidy	Margin  Money	Beneficiary  Share	Bank Loan	Total Loan
2000-01	881	20.12	27.01	24.19	146.04	217.36
2001-02	1634	43.14	0.38	62.65	316.05	422.22
2002-03	2010	53.55	0.96	51.92	439.34	545.77
2003-04	2021	50.11	18.14	51.36	461.16	580.77
2004-05	3808	98.08	52.28	98.46	938.48	1187.30
2005-06	8642	236.67	203.33	242.49	1921.05	2603.54
2006-07	10332	306.00	206.26	308.84	2710.23	3531.33
2007-08	5961	195.37	28.45	195.83	1650.69	2070.34
G.Total	29328	807.76	505.54	843.33	6932.35	9089.16

    Training

Apart from loaning scheme, Corporation is running different projects through its own resources as well as with the assistance of  Govt. of India under  Norwegian Agency for International Development (NORAD) and Support to Employment Programme for women  (STEP).  The Corporation has run Beauty Culture, Cutting and Tailoring, Electronics, Computer, Motor Winding trainings.  and thus help women to build up their confidence.

    Future Plans

To make women self employed, the Corporation has proposed to provide financial assistance to  10000 women every year under the loaning scheme.

    Application Form                                        Download


    Activity Note on Haryana Women Development Corporation            Download
 

   Addresses of District Managers of Haryana Women Development 
      Corporation Limited