The Lakhpati Didi Yojana is a significant program that attempts to give women more economic power. On August 15, 2023, Prime Minister Narendra Modi made the announcement of the plan during a speech from the Red Fort. Its goal is to support women’s self-help groups across the nation. This training program aims to enhance women’s skills and help them acquire new ones. Under this scheme, efforts are being made by the government to empower women so that they can become financially self-reliant. Under this, women are provided interest free loans ranging from Rs 1 lakh to Rs 5 lakh.
The beneficiaries of this scheme can be women from deprived sections, widows, abandoned women, disabled women etc. Its objective is to provide self-employment opportunities to poor and underprivileged women. For this initiative, the Central Government has set aside a special budget in order to support women entrepreneurs. With the aid of this loan, they are able to launch their own company and achieve financial independence. These programs are crucial for inclusive development and women’s empowerment.
Benefits of Lakhpati Didi Yojana 2024 :
The Lakhpati Didi Yojana is a comprehensive program designed to improve the economic status and livelihoods of women. This program has addressed a number of significant issues, the main ones being:
- Loan support for self-employment : Under this programme, women can start their own businesses with interest-free loans ranging from Rs 1 to Rs 5 lakh.
- Savings and incentives : Women are encouraged to save and for this they are also given special incentives.
- Micro Credit Facility : Women are given access to a microcredit facility under the Lakhpati Didi Scheme, which makes it simple for them to obtain small loans.
- Skill Development and Vocational Training : In this scheme, special emphasis is given to skill development and vocational training. Women who wish to become entrepreneurs are provided guidance to start a business.
- Digital Banking and Payments : Women are encouraged to use digital banking services, mobile wallets and other digital platforms.
- Insurance Coverage : Affordable insurance coverage is also provided to women under the scheme, thereby increasing the financial security of them and their families.
Eligibility Criteria :
- The female applicant must be a citizen of India.
- The age of the applicant should be between 18 to 50 years.
- Women associated with self-help groups will be eligible for this scheme.
- The annual income of the applicant woman should not exceed Rs 3 lakh.
- No member of the family should be working in a government job.
Women who meet these requirements can apply for the Lakhpati Didi Scheme. The program focuses on women from economically disadvantaged backgrounds who wish to use self-employment or entrepreneurship to improve their financial situation. Ensuring that only the intended group receives benefits from the scheme is the goal of the eligibility criteria.
Documents Required :
- Aadhaar Card
- PAN Card
- Income Certificate
- Address Proof
- Educational Qualification Certificate
- Bank Account Passbook
- Mobile Number
- Passport Size Photo
How to Apply Online :
Step 1 : First of all you have to visit the official website of the Government of India. www.india.gov.in/spotlight/lakhpati-didi-portal
Step 2 : Click on the option of “Apply for Lakhpati Didi Yojana” visible on the home page.
Step 3 : Fill all the necessary information asked in the application form carefully.
Step 4 : After entering all the information, scan and upload the required documents.
Step 5 : After uploading the documents, read the filled information once, and finally click on the Submit button.
How to Apply Offline :
Step 1 : First of all you have to go to your “Block or the office of Women and Child Development Department”.
Step 2 : Get the “Lakhpati Didi Yojana” application form from there.
Step 3 : Fill the information asked in the form correctly.
Step 4 : Attach all the required documents along with the application form.
Step 5 : Submit the application form in the same office from where you received it.
Step 6 : Obtain a receipt for the submitted application and keep it safe.