The Lakhpati Didi scheme, an initiative of the Ministry of Rural Development, aims to empower women Self-Help Group (SHG) members to achieve an annual household income exceeding ₹1,00,000 through sustainable livelihood practices.
Here’s a more detailed breakdown:
Key Aspects of the Lakhpati Didi Scheme:
- Goal:To enable women SHG members to earn an annual household income of at least ₹1,00,000 (or more).
- Target Audience:Women associated with Self-Help Groups (SHGs).
- Underlying Scheme:The Lakhpati Didi initiative is an output of the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).
- Focus Areas:
- Diversified Livelihoods: Facilitating and enabling households to take up diversified income-generating activities.
- Financial Inclusion: Enhancing access to credit, encouraging entrepreneurship, and promoting financial inclusion.
- Sustainable Practices: Promoting sustainable livelihood practices.
- Implementation Strategy:
- Deepening, Strengthening, and Expanding Livelihoods: Facilitating adequate and timely support to households in assets, skills, finance, and market.
- Convergence and Partnerships: Fostering collaboration across government departments, ministries, the private sector, and market players.
- Training and Capacity Building: Training and capacity building of all stakeholders.
- Lakhpati Didi Definition:A Self-Help Group member with an annual household income exceeding ₹1,00,000.
- Financial Assistance:The scheme provides financial assistance through various instruments to enhance access to credit, encourage entrepreneurship, and promote financial inclusion.
- Namo Drone Didi:The government has also approved “Namo Drone Didi” as a Central Sector Scheme to provide drones to Women SHGs.
- Central Silk Board Initiative:The Central Silk Board has also come up with the idea of reaching out to a large number of rural households to create livelihoods at the family level in Tasar sericulture.
- Union Bank Scheme:Union Bank of India also has a scheme for financing individual women members of DAY NRLM SHGs.
- SBI Har Ghar Lakhpati:SBI has a new variant of Recurring Deposit Scheme called “Har Ghar Lakhpati” to enable customers to accumulate ₹1 Lakh or above.