Mahila Nidhi Scheme launched by Rajasthan Govt. to help women entrepreneurs

Mahila Nidhi Scheme launched by Rajasthan Govt. to help women entrepreneurs

Rajasthan is the second state in the country after Telangana, where Mahila Nidhi has been established

Various schemes are being run by the state governments for social and economic development of women, in India. Similarly, now the Rajasthan government has started 'Mahila Nidhi Scheme' for women empowerment. The purpose of the government in starting this scheme, is to make women self-reliant by providing them easy credit to kick start their business.

Launched on Women’s Equality Day, the state government plans establish ‘Mahila Nidhi’ through Rajasthan Rural Livelihood Development Council.

Helping out budding women entrepreneurs 

Rajasthan is the second state after Telangana, where Mahila Nidhi Scheme is established. Through this scheme, the state government is motivating budding women entrepreneurs filled with a zeal to find their place in society. Women will be able to take their dreams further and can start their own business with the loan money, available within 48 hours. Poor and propertyless women will also be able to get loans easily, as the documentation required is bare minimum.

Provision to get loan within 48 hours of application

Under the Nidhi scheme, women entrepreneurs can obtain loans upto 40,000 within 48 hours. However, if they apply for a higher loan amount, then it will take 15 days for the loan amount to be transferred into respective accounts.

2.70 lakh self-help groups have already been formed across 33 districts of Rajasthan. Approximately, 36 lakh families of Rajasthan will get benefit under scheme.

Documents required for sanction of loan 

To take advantage of the Mahila Nidhi scheme, women of Rajasthan will have to provide Aadhaar card details, domicile certificate, income certificate and bank account information to the government.

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