Srei Sahaj has been mandated to roll out 5,565 common service centers in Bihar. The company is an ICT based infrastructure provider in rural India in the area of e-governance services, a subsidiary of Srei Infrastructure Finance Limited. Srei Sahaj, has signed a Memorandum of Understanding (MoU) with Punjab National Bank (PNB) which will enable a speedier implementation of the e-governance project in Bihar. Its being planned that all these CSCs will become fully functional by the end of the current financial year.
Nearly 2,000 village level entrepreneurs (VLEs) have set up their centers, and out of these approximately 500 have applied for loan assistance to PNB. As per the scheme, the VLEs are required to invest INR 1.6 lakhs for setting up a common service centre. As margin money they are required to put a minimum of INR 40 thousand, with the balance being funded by banks. These banks are already providing the requisite funding to such rural entrepreneurs who are carefully selected by Sahaj.
Similar plans to enter strategic tie-ups with the bank for providing loan assistance to VLEs in Uttar Pradesh, Assam and Orissa is also being planned.