PM Modi Launched Rajya Jeevika Nidhi Saakh Sahkari Sangh:
Prime Minister Narendra Modi virtually inaugurated the Bihar Rajya Jeevika Nidhi Saakh Sahkari Sangh Limited, a landmark initiative aimed at providing affordable, digitally enabled credit access to rural women across Bihar. With an initial capital transfer of ₹105 crore, this new cooperative represents a major boost to the state’s self-help group ecosystem under the Jeevika program.The Jeevika Nidhi is a state-level cooperative society established to offer financial assistance at low-interest rates to members of cluster-level federations registered under the Jeevika initiative. It provides a much-needed alternative to microfinance institutions that often charge high interest rates ranging between 18% to 24%.This society will be operated with funding from both the Government of Bihar and the Central Government.
