Current Context : PM Narendra Modi launched Bihar Rajya Jeevika Nidhi Saakh Sahkari Sangh Limited.

• Objective: Provide digital, affordable loans to rural women entrepreneurs.
• Initial Fund: ₹105 crore transferred to the institution’s account.

About Jeevika Nidhi

• A state-level cooperative society for financial assistance at low interest rates.
• Alternative to costly microfinance institutions (18%–24% interest).
• Membership: All registered cluster-level federations under Jeevika are members.
• Governance: Jointly funded by State and Central Government.

Features

• Digital Model → Direct benefit transfer into bank accounts of Jeevika Didis.
• Tech Support → 12,000 cadres equipped with tablets for outreach and monitoring.