Business

Interim Budget 2024: What is Lakhpati Didi scheme?

Image credits: PIB

When was the scheme announced?

PM Narendra Modi announced the Lakhpati Didi scheme on August 15, 2023, to encourage women to start micro-enterprises within their villages.

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Target of women beneficiaries extended

FM Nirmala Sitharaman on Thursday (Feb 1) announced that the target of women beneficiaries under its Lakhpati Didi Scheme will be increased to three crore women from two crore.

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83 lakh SHGs

83 lakh Self Help Groups with nine crore women are transforming the rural socioeconomic landscape, Sitharaman said.

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Aim of the scheme?

The programme is aimed at training women in self-help groups (SHGs) so that they can earn a sustainable income of at least Rs 1 lakh per annum per household. 

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Training in various skills

Women will be trained in various skills, such as plumbing, LED bulb making, drone operation and repair, and tailoring and weaving. 

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Earn jobs

After completing the training, women will be provided with opportunities to earn income using their skills.

Image credits: Getty
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