Mahila Nidhi Scheme

Women in Rajasthan to get zero interest loan to start or grow their business

Rajasthan Chief Minister Ashok Gehlot has launched a new loan scheme poor women in the state. The scheme name is “Mahila Nidhi Scheme“. This scheme will be set up by Rajasthan Rural Livelihood Development Council. Under the scheme, women can get loans to start businesses or run their businesses. Women can get loans up to Rs. 40,000 within 48 hours, and get more than Rs.40,000 within 15 days. The scheme is for the poor and socially backward women in the state.

Scheme Overview:

Scheme Name: Mahila Nidhi Scheme
Scheme Under: Rajasthan Government
Announced By: Chief Minister Ashok Gehlot
Date of Announcement: August 26, 2022
Beneficiaries: Poor and socially backward
Benefit: Get a loan up to Rs 40,000
Major Objective: To provide employment opportunities to women and to make them self-reliant and empowered.

The primary objective of the scheme is to help women self-help groups and provide loans from banks, increase the income of poor and marginal women, and to ensure the social and economic progress of women through skill development.

At present 2.70 lakh self-help groups (SHGs) have been formed in 33 districts of the state connecting 30 lakh families. In 2022-23, 50,000 self-help groups are proposed to be formed, connecting six lakh families.

36 lakh families in Rajasthan will get benefits from Rajasthan Mahila Nidhi. The scheme will be launched in the phased manner.

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