Lakhpati Didi scheme UPSC NOTE

 Why in news

  • Buoyed by its success, the Centre has decided to increase the target for ‘Lakhpati Didi’ scheme.

  • This scheme aims to train women self-help groups (SHGs) to earn a sustainable income of at least ₹1 lakh per annum by setting up micro-enterprises within their villages.

  • Finance Minister Nirmala Sitharaman, while presenting the interim Budget for 2024-25, said the target for training ‘Lakhpati Didi’ would be increased from the existing 2 crore to 3 crore.

  • Eighty-three lakh self-help groups with 9 crore women are transforming rural socio-economic landscape with empowerment and self-reliance

What is Lakhpati Didi scheme

  • The Lakhpati Didi Yojana is a skill development program launched by the Indian government in December 2023.

  • This is specifically targeting women in rural areas

  • It aims to empower women and improve their financial independence by providing them with the tools and resources to become "lakhpati didis" (prosperous sisters).

  • Meaning they can earn at least ₹1 lakh per year per household.

The key aspects of the scheme:

  • Economic empowerment: Equip women with skills to start or grow their own businesses, leading to financial independence.

  • Poverty reduction: Uplift women from economically disadvantaged backgrounds, contributing to overall poverty reduction in rural areas.

  • Skill development: Train women in various income-generating activities to create sustainable livelihoods.

  • Skill training: Women receive training in diverse areas like plumbing, drone operation, LED bulb manufacturing, and others, depending on local needs and market opportunities.

  • Interest-free loans: Eligible women can receive a ₹5 lakh (approximately $6,000) interest-free loan to start or expand their businesses.

  • Self-help groups: The scheme encourages women to join or form self-help groups for better access to resources, peer support, and market linkages.

  • Digitalization: Promotes the use of digital payment platforms and mobile wallets for financial transactions.

  • Empowerment programs: Workshops and sessions are conducted to build confidence, leadership skills, and entrepreneurial spirit among women.



Amritsar,1,Art & Culture,1,August 2023,251,Courses,7,Daily Current Affairs,48,December 2023,189,Disaster Management,2,Environment and Ecology,54,February 2024,180,Foundation Course,1,GDP,1,GEMS Club,1,GEMS Plus,1,Geography,67,Govt Schemes,2,GST,1,History,2,Home,3,IAS Booklist,1,Important News,71,Indian Economy,46,Indian History,2,Indian Polity,56,International Organisation,12,International Relations,58,Invasive Plant,1,January 2024,240,July 2023,281,June 2022,6,June 2023,268,May 2022,17,Mentorship,2,November 2023,169,October 2023,203,Places in News,2,Science & Technology,66,September 2023,205,UPSC CSE,111,
Learnerz IAS | Concept oriented UPSC Classes in Malayalam: Lakhpati Didi scheme UPSC NOTE
Lakhpati Didi scheme UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content