In a bid to foster entrepreneurship and economic empowerment among women in Assam, the state government has launched the Lakhpati Baideo scheme under the Mukhya Mantri Mahila Udyamita Abhiyan. This initiative aims to transform 40 lakh women into micro-entrepreneurs, enabling them to achieve an annual income of Rs. 1 lakh by providing financial assistance of Rs. 35,000 each.
Unveiling the Initiative
The Chief Minister of Assam unveiled the “Lakhpati Baideo” programme, emphasizing its goal of empowering women to attain a yearly income of Rs. 1 lakh through entrepreneurial endeavors.
Key Updates
16th Jan Update
Distribution of Mukhyamantri Mahila Udyamita Abhiyan forms will commence on January 18th, 2024. This initiative targets the 3.9 million women associated with self-help groups in Assam.
Distribution Details
Forms for the scheme will be distributed on specific dates in various districts, with each applicant receiving Rs. 10,000 in the first year to kickstart their business venture. The scheme boasts a total budget of Rs. 3,900 crores, making it one of the largest initiatives of its kind in Assam.
Highlights of Lakhpati Baideo Scheme
- Name of the Scheme: Mukhya Mantri Mahila Udyamita Abhiyan
- Introduced by: Assam Government
- Other Name: Lakhpati Baideo Scheme
- Financial Assistance: Rs. 35,000
- Beneficiaries: Women
- Total Beneficiaries: 40 lakh women
Objectives
The primary objective of the Mukhya Mantri Mahila Udyamita Abhiyan is to empower women to achieve financial independence by providing them with the necessary resources and support. This ambitious project aims to fulfill the vision of the Prime Minister by creating two crore ‘Lakhpati didis’.
Features & Benefits
- Each SHG worker will receive Rs. 10,000 in the first year and Rs. 12,500 from the government.
- An additional Rs. 12,500 bank loan will be provided over the next two years.
- Beneficiaries must submit a business plan to qualify for the scheme.
- The initiative will be integrated into Assam’s population control efforts.
Eligibility Criteria
Before availing of the scheme, women must meet certain eligibility criteria:
- SC and ST beneficiaries should have no more than four children, while those in the general and OBC categories should have no more than three.
- Enrolment of the girl child in school is mandatory.
- Recipients of the Amrit Brikshya Andolan must have standing trees.
Implementation Process
Beneficiaries must submit a detailed business plan endorsed by the government to qualify for the grant. The scheme offers an initial payment of Rs. 10,000 in the first year, followed by Rs. 25,000 over the next two years, with contributions from both the government and a bank.
Application Process
To apply for the scheme:
- Visit the nearest Panchayat office to obtain the application form.
- Fill in the details accurately and attach the required documents.
- Submit the completed application form to the respective department at the Panchayat office.
For updates and news related to the scheme, individuals are advised to monitor the official website of the Assam government.
The Mukhya Mantri Mahila Udyamita Abhiyan holds tremendous potential to uplift women across Assam by providing them with the means to become successful entrepreneurs. By fostering economic independence and empowerment, this initiative not only benefits individual women but also contributes to the overall socio-economic development of the state.
While the government has not established a dedicated official website for this scheme, individuals are encouraged to regularly visit the Assam government’s official website at https://assam.gov.in/ for the latest updates and news pertaining to this initiative.
Read more:
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Mukhya Mantri Mahila Udyamita Abhiyan FAQs:
What is the primary objective of the Lakhpati Baideo scheme?
The primary objective of the Lakhpati Baideo scheme is to foster entrepreneurship and economic empowerment among women in Assam.
How many women are targeted to benefit from this initiative?
The scheme aims to benefit a total of 40 lakh women in Assam.
What financial assistance is provided to the beneficiaries?
Each beneficiary receives Rs. 35,000 to support their entrepreneurial endeavors.
Who introduced the Mukhya Mantri Mahila Udyamita Abhiyan?
The initiative was introduced by the Assam Government.
What are the eligibility criteria for beneficiaries?
SC and ST beneficiaries should have no more than four children, while those in the general and OBC categories should have no more than three. Enrolment of the girl child in school is mandatory, and recipients of the Amrit Brikshya Andolan must have standing trees.
What is the implementation process for the scheme?
Beneficiaries must submit a detailed business plan endorsed by the government. They receive an initial payment of Rs. 10,000 in the first year, followed by Rs. 25,000 over the next two years.
How can one apply for the Lakhpati Baideo scheme?
To apply for the scheme, individuals need to visit the nearest Panchayat office, obtain the application form, fill it accurately, attach the required documents, and submit the completed form to the respective department at the Panchayat office.
What are the features and benefits of the scheme?
Each SHG worker receives Rs. 10,000 in the first year and Rs. 12,500 from the government. Additionally, an equal bank loan is provided over the next two years. Beneficiaries must submit a business plan to qualify for the scheme.
Is there any other name for the Lakhpati Baideo scheme?
Yes, the scheme is also known as the Mukhya Mantri Mahila Udyamita Abhiyan.
Where can individuals find updates and news related to the scheme?
Individuals are advised to monitor the official website of the Assam government at https://assam.gov.in/ for the latest updates and news regarding the Lakhpati Baideo scheme.
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