CURRENT AFFAIRS

Detailed explanation-1: -Which Indian state/UT launched the first ever women’s cooperative fund ‘Mahila Nidhi’? Explanation: Rajasthan launched the first ever women’s cooperative fund ‘Mahila Nidhi’.

Detailed explanation-2: -Mahila Nidhi has been established to help women self-help groups get loans from banks, increase the income of poor and marginal women, and social and economic progress of women through skill development. The scheme will facilitate crediting of loans up to Rs 40, 000 within 48 hours, and above Rs 40, 000 within 15 days.

Detailed explanation-3: -Mahila Udyam Nidhi Scheme: Empowering Women Entrepreneurs The scheme provides financial assistance to women entrepreneurs engaged in small-scale industrial units, retail trade, and other service enterprises. Under the scheme, the government provides financial assistance of up to ₹10 lakhs to women entrepreneurs.