Boost for women’s cooperatives

Boost for women’s cooperatives

Context:

Women’s cooperative societies in Rajasthan are expected to get a boost

Details:

• Women’s cooperative societies in Rajasthan will get loans for dairy and animal husbandry works at 5.50% interest rate from cooperative land development banks.
• The State government intends to bring one million women within the purview of cooperative sector.
• Under the State government’s Sahakaar Mahila Kalyan Yojana, cooperative loans worth Rs. 200 crore will be disbursed to women
• It was also affirmed that the existing rules and regulations would be changed if they create difficulty in achieving the targets.
• The initiative is expected to make thousands of women self-sufficient and provide new avenues for development of rural areas.