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Lakhpati Didi Yojana: Application Process and Eligibility Criteria

India's Lakhpati Didi Yojana, a program aimed at supporting the growth of the population, aligns with the four pillars of "Viksit Bharat": youth, impoverished, women, and farmers.

Source: Business Today

Lakhpati Didi Yojana: India has introduced numerous programs to support the growth of the populace, focusing on the four pillars of “Viksit Bharat”—youth, the impoverished, women, and farmers, as stated in the Interim Budget The Lakhpati Didi Yojana is among them.

Lakhpati Didi Yojana: What is it?

A central government initiative called the Lakhpati Didi Yojana was launched to empower women financially. With the aid of self-help groups (SHGs), the government has announced that over 2 crore women in India will receive skill development training under this program. The women would receive training in trades including plumbing, LED bulb manufacturing, and drone operation and maintenance. A lady can use this to generate a steady income of at least Rs one lakh annually.

When Was it announced?

Prime Minister Narendra Modi mentioned the Lakhpati Didi Yojana for the first time in his Independence Day speech.

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Documents required for Lakhpati Didi Scheme

Domicile certificate
Ration card
Aadhar card
PAN card
Address proof
Details of bank account
Income certificate
Registered email ID and mobile number

Monitoring report

“We are working on women’s self-help groups today to fulfill the goal of my two crore Lakhpati Didi. There should be women’s self-help groups today.” The prime minister stated, “We are promoting the potential of our women’s power and women-led development, and when I have brought up the topics of women-led development in the G-20, the whole G-20 group is accepting its importance.”

In her interim budget speech on February 1, Finance Minister Nirmala Sitharaman stated that nine crore women in 83 lakh self-help groups (SHGs) are empowering and reliant on themselves to change the socio-economic landscape of rural areas. Nearly one crore ladies have already become Lakhpati Didis thanks to their success. Because of the program’s success, the government raised its goal of Lakhpati Didis from 2 to 3 crore.

How does it work?

To apply for the Lakhpati Didi Yojana, women must be members of SHGs. One can obtain application forms for the program from the nearby Anganwadi centers.

Eduvast Desk