New Delhi, Feb. 4 -- Union Budget 2025:Finance Minister of India Nirmala Sitharaman recently announced Grameen credit score scheme. This is a framework evolved to help Self Help Groups (SHGs) and the citizens in rural India. The primary responsibility of developing this scheme is going to be enshrined in the Indian public sector banking system. The details of the same are elaborated below:

Grameen credit score is a newly launched initiative. This has been introduced by the Finance Minister in the 2025 budget by the Finance Minister of India, Nirmala Sitharaman.

The objective behind this scheme is to promote financial inclusion for self help group (SHGs) women entrepreneurs. It is basically to provide them the much needed support to grow...