Shillong, Jan. 31 -- The Meghalaya Cabinet on Thursday approved the establishment of the Pla Tangka Cooperative Society (PTCS)-a pioneering women-led apex financial cooperative society aimed at strengthening the economic ecosystem for Self-Help Groups (SHGs) across the state.

This initiative, led by the Department of Community & Rural Development (C&RD) in partnership with the Centre for Research in Schemes & Policies (CRISP), has the potential to revolutionize rural financial inclusion and build economic resilience in Meghalaya.

In the aftermath of this decision, Meghalaya Chief Minister Conrad K Sangma said, "Since 2018, the financial ecosystem surrounding Self-Help Groups (SHGs) in Meghalaya has seen a remarkable transformation. The ...