Key Points

Prime Minister Narendra Modi virtually launched the Bihar Rajya Jeevika Nidhi Credit Cooperative Federation to support women's economic independence. The initiative provides low-interest loans to women in self-help groups, enabling them to start and expand small businesses. Women like Anwari Khatun and Shubham Kumari are using these funds to transform their lives through entrepreneurship. The program represents a significant step towards financial inclusion and women's empowerment in rural Bihar.

Key Points: Modi Launches Bihar Jeevika Nidhi to Empower Women Entrepreneurs

  • Modi supports economic empowerment of women through Jeevika initiative
  • Low-interest loans enable small business creation for rural women
  • Samastipur women share transformative stories of financial independence
  • Credit cooperative federation aims to uplift thousands of women entrepreneurs
2 min read

From sewing machines to self-reliance: Jeevika Didis share their journey

Prime Minister launches credit cooperative federation to support women's self-help groups and entrepreneurship in Bihar

"Our financial condition has significantly improved - Anwari Khatun, Jeevika Didi"

Samastipur, Sep 2

Prime Minister Narendra Modi on Tuesday virtually launched the Bihar Rajya Jeevika Nidhi Credit Cooperative Federation Ltd. A district-level event was also organised at the Collectorate auditorium in Samastipur, where a large number of women associated with Jeevika self-help groups (SHGs) participated.

On the occasion, Member of Parliament Shambhavi emphasised that both the state and central governments are committed to women's empowerment. She stated that the Prime Minister has provided financial support specifically aimed at the economic upliftment of Jeevika Didis (beneficiaries of the SHG programme) in Bihar. With access to low-interest loans, these women will now be able to expand or initiate small businesses.

In Samastipur, eligible women will be identified, and the financial assistance will be disbursed accordingly to help them grow their enterprises and become financially independent.

In an exclusive conversation with IANS, Shubham Kumari shared her journey. Her husband works in a private job, and their financial condition is not stable. After joining the Jeevika group, she received financial aid from the government, which enabled her to start a small business. With the new round of funding, she now plans to expand her venture.

Similarly, Mamta Bharti expressed her intention to grow her business using the newly available funds.

Anwari Khatun, another Jeevika Didi, shared her story of resilience. Her husband has been unwell for some time, which has affected their family's income. A member of the Jeevika group approached her and encouraged her to join.

After becoming part of the group, she took a loan. Skilled in tailoring, she used the money to buy a sewing machine and started earning a livelihood.

Later, with a second instalment of Rs 20,000, she purchased another machine. She is now training young girls in her village and hopes to open a full-fledged sewing training centre if further assistance comes through. "Our financial condition has significantly improved," she said with a smile.

The Jeevika Nidhi Credit Cooperative Federation is expected to empower thousands of women across Bihar, giving them not just financial support but also the confidence and resources to lead change within their families and communities.

- IANS

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Reader Comments

R
Rohit P
Great initiative but implementation is key. Hope the funds reach the actual beneficiaries without middlemen. The government should ensure transparency in the selection process and disbursement.
A
Anjali F
My mother was part of a similar SHG in Rajasthan. These groups don't just provide money - they create sisterhood and collective strength. Women supporting women is the real game changer! 💪
S
Sarah B
Visiting Bihar last year, I saw firsthand how women's self-help groups are transforming communities. The confidence these programs build is as valuable as the financial support. Hope this expands to more states!
V
Vikram M
Low-interest loans for women entrepreneurs can boost local economies significantly. When women earn, they invest back into their families' education and health. This is sustainable development at grassroots level.
K
Kavya N
Anwari training other girls in her village is the best part! One woman's success creating opportunities for others. This is how we break the cycle of poverty. 👏

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