The central government runs many schemes to empower women in the country, promote women’s participation in society, and encourage self-employment. The government has also launched a scheme to support women in starting their businesses. Through this article, we will share all the information regarding the special update of the Lakhpati Didi Yojana in the Union Budget 2025.
About Lakhpati Didi Yojana
The Lakhpati Didi Yojana is a skill training program launched by the central government to promote self-employment among women. Prime Minister Narendra Modi has mentioned this scheme multiple times, highlighting its importance in empowering women financially.
Loan Benefits Under the Scheme
Under this scheme, women can avail of an interest-free loan of up to Rs 5 lahks to start their own businesses. The most important feature of this loan is that no interest is charged, making it easier for women to become financially independent.
Eligibility Criteria for Lakhpati Didi Yojana
To benefit from this scheme, women must meet the following criteria:
- Age Limit: Women between 18 to 50 years are eligible.
- Employment Condition: The scheme is available only to women who do not have any family member employed in a government job.
- Income Limit: The annual family income should be less than ₹3 lakh.
- Self-Help Group (SHG) Membership: Women must be a members of a self-help group to apply for the loan.
How to Apply for the Scheme?
To apply for the Lakhpati Didi Yojana, follow these steps:
- Join a Self-Help Group (SHG): Women must first become a member of an SHG in their area.
- Visit the SHG Office: Applicants must go to their regional SHG office to submit their business plan and required documents.
- Submit the Necessary Documents: The following documents are needed for the application:
- Aadhar Card
- PAN Card
- Income Proof
- Bank Passbook
- Mobile Number
- Passport-size Photograph
- Loan Approval & Disbursement: After verification of the documents and business plan, the loan is sanctioned for business setup.
This scheme aims to provide financial independence to women and encourage their participation in economic activities. By offering interest-free loans, the government is supporting women entrepreneurs in building a better future.