September 2, 2025 2:56 PM

PM Modi launches Jeevika Nidhi to empower rural women entrepreneurs in Bihar

Prime Minister Narendra Modi on Tuesday virtually launched the Bihar Rajya Jeevika Nidhi Saakh Sahkari Sangh Limited, a new cooperative initiative aimed at providing affordable credit to rural women entrepreneurs. According to an official release, Jeevika Nidhi has been designed as “an alternative financial system to reduce dependence on microfinance institutions (MFIs) and ensure the availability of larger loans at lower interest rates.” The initiative will be jointly funded by the Bihar ...

September 2, 2025 9:46 AM

PM Modi to launch Bihar Rajya Jeevika Nidhi Saakh Sahkari Sangh today

Prime Minister Narendra Modi will launch the Bihar Rajya Jeevika Nidhi Saakh Sahkari Sangh Limited today at 12:30 PM via video conferencing. On the occasion, he will also transfer ₹105 crore into the institution’s bank account to mark its formal commencement. The cooperative society has been established to provide easy access to funds at affordable interest rates for women associated with Jeevika. All registered cluster-level federations of Jeevika will be members of the Society. Both the B...