Lakhpati Didi Scheme
About
- Lakhpati Didi is an initiative under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM) with the objective to empower and enable Self-Help Groups (SHG) Women, earn a minimum income of Rupees one lakh per annum on a sustainable basis, for at least 4 agricultural seasons and/ or business cycles.
- Refer SCA Prelims Magazine September Edition for details about DAY-NRLM.
- Lakhpati initiative facilitates diversified livelihood activities, by ensuring convergence across all Government departments/ Ministries, Private sector and Market players.
- There is no separate budget allocated for the Lakhpati Didi initiative. All activities of Lakhpati Didi initiative for e.g. training and capacity building, financial assistance including seed funding, are funded under the DAY-NRLM Scheme.
Why in News?
- The Government of India has set a target to create six crore Lakhpati Didis under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission.