The interest subsidy scheme is a new initiative by the Government of Kerala to enhance the affordability of formal credit. As per the scheme, all commercial and cooperative banks that are prepared to lend to Kudumbashree NHGs under the linkage banking programme at 9% or below, will be participants in the scheme. The CDS would be raising the claim with the banks and the amount would be dispersed to a designated nodal branch by Kudumbashree State Mission in the case of commercial banks and to the concerned cooperative banks/societies by the district missions in the case of cooperative institutions. The interest subsidy would be provided as annual installments to the banks. One highlight of the scheme is the inclusion of joint liability groups for farming in the ambit of the scheme.Around 10099 groups (1737 Joint Liability Groups and 8362 Neighborhood Groups) have benefited from the scheme. Kudumbashree Mission has been able to disburse Rs 399,41,025.35 under this scheme to various NHGs and JLGs.