In a significant development, more than 30,000 women in Jharkhand are reaping the rewards of the Fulwo Jhano scheme, a pioneering initiative that offers interest-free loans to kickstart their own businesses. This scheme has proven to be a game-changer for women across the state, enabling them to transform their lives and those of their families.
Launched by the Jharkhand government in 2019, the Fulwo Jhano scheme provides women with loans of up to Rs. 2 lakhs to establish their own ventures. These interest-free loans have a repayment period of five years, offering a favorable and supportive financial environment for aspiring entrepreneurs.
The success of the scheme in Jharkhand has been truly remarkable. Over 30,000 women have availed themselves of this opportunity and utilized the loans to launch a diverse range of businesses. These enterprises encompass grocery shops, tailoring boutiques, beauty parlors, and various other ventures.
The Fulwo Jhano scheme has made a tangible and positive impact on the lives of women in Jharkhand. By fostering financial independence, the scheme has empowered women to take charge of their destinies and embark on their entrepreneurial journeys. In turn, this newfound economic stability has elevated the living standards of their families.
details regarding the Fulwo Jhano scheme:
- The scheme is accessible to all women in Jharkhand who are 18 years of age or above.
- Loans are facilitated through the Jharkhand State Livelihood Promotion Society.
- These interest-free loans have a repayment period of five years.
The Fulwo Jhano scheme stands as a shining example of the Jharkhand government’s commitment to women’s empowerment and economic growth. As more women continue to harness the benefits of this scheme, the entrepreneurial landscape in Jharkhand is expected to flourish, paving the way for a more prosperous and equitable future.