A first-of-its-kind women’s cooperative fund for self-help groups (SHGs) is being established in Rajasthan for extending timely loan facility for their enterprises. The fund, titled Mahila Nidhi, will be inaugurated on Women’s Equality Day on August 26 with the membership given to all cluster-level federations functioning in the villages.
Chief Minister Ashok Gehlot will inaugurate ‘Mahila Nidhi’ at a State-level function here, which is likely to be attended by about 10,000 women beneficiaries of SHGs. The fund will be set up on the pattern of Telangana’s Stree Nidhi Credit Cooperative Federation.
Principal Rural Development & Panchayati Raj Secretary Aparna Arora said here on Tuesday that a five-day-long series of programmes would be organised to mark Women’s Equality Day with emphasis on women’s empowerment through special schemes and value addition and marketing linkages for SHGs.