New Students Offer - Use Code HELLO

Register Now

Maharashtra Government Launches JIVHALA Loan Scheme

Published on May 04, 2022
Current Context: The government of Maharashtra, has come up with a credit facility for Jail inmates, called JIVHALA.
Maharashtra Government Launches JIVHALA Loan Scheme
  • In a unique approach to improving the conditions of Prisoners, the Maharashtra Government has launched a credit scheme for prisoners, with assistance from a Cooperative bank.
  • The loan will be disbursed to those who have served a minimum of three years of the term. The scheme has been launched on a pilot basis from Yerwada Jail of Pune.
  • 50,000 rupees, is to be lent to the prisoners charged at a rate of interest of 7 % per annum. The Bank will contribute 1% of its earnings to the Prisoner's Welfare Fund.
  • The scheme will help erosion of the family's source of income because a large chunk of the family income is directed to litigation and maintenance of the jailed accused.


Q.1 Which state government has come up with the credit scheme for prisoners?
a. Gujarat
b. Maharashtra
c. Bihar
d. Jharkhand

Can I help you?

ramandeep singh

Hey I am Ramandeep Singh. I am determined to help students preparing for RBI, SEBI, NABARD and IBPS exams. Do you want me to help you ?

Join my class here
    Follow me:
Close Menu
Close Menu