The first all-women-run financial institution in the cooperative sector is coming soon in Rajasthan following a memorandum of understanding (MoU) has signed with the Telangana government’s Stree Nidhi Credit Cooperative Federation. The new body will promote women’s empowerment by supporting their enterprises.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The Rajasthan Mahila Nidhi will be set up on the lines of the Stree Nidhi of Telangana. The MoU was signed between Rajasthan Grameen Ajeevika Vikas Parishad’s (Rajeevika) Mission Director Manju Rajpal and Stree Nidhi Managing Director G. Vidya Sagar Reddy in the presence of Rural Development Minister Ramesh Chand Meena.
Mahila Nidhi will strengthen the women’s self-help groups in the State by extending timely loan facilities for their enterprises. The institution will be operated entirely by women and will act as a complementary body to the formal banking system. It is also expected to bring down the number of loan applications pending in the banks.
Important takeaways for all competitive exams:
The International Cricket Council (ICC) has unveiled the fixtures for the highly anticipated ninth ICC…
India has been the leading producer of milk in the world for several years now,…
When it comes to the vast and rugged landscapes of America, few states encapsulate the…
India and Nigeria have agreed to finalize the Local Currency Settlement System Agreement to enhance…
We're always looking for people who can bring new perspectives and life experiences to our…
In a significant recognition of Gujarat's rich cultural heritage, the traditional artisans of 'Kutch Ajrakh'…