Type Here to Get Search Results !

Lakhpati Didi Yojana 2024 || Women's Financial Empowerment Scheme

The Lakhpati Didi Yojana 2024 is a flagship scheme announced in the latest Union Budget to promote financial inclusion and self-reliance for women across India. Through this scheme, the government aims to facilitate interest-free loans up to Rs 5 lakhs for women to start micro-enterprises and small businesses.

Overview of Lakhpati Didi Yojana

Lakhpati Didi Yojana is envisioned by Prime Minister Narendra Modi to boost entrepreneurship and livelihood opportunities for women. Under this scheme, the government will provide funding between Rs 1 lakh to Rs 5 lakhs to women across different demographics to help them begin their entrepreneurial journeys. The scheme aims to benefit nearly 3 crore women and make them economically self-sufficient.

Lakhpati Didi Yojana 2024 

Some of the key features of the Lakhpati Didi Yojana 2024 are:

  • Interest-free loans up to Rs 5 lakhs to start micro-enterprises
  • Focus on women-led startups and small businesses
  • Financial assistance for women from all backgrounds
  • Promoting self-employment and livelihood creation
  • Empowering women financially and socially

Objectives of Lakhpati Didi Yojana

The Lakhpati Didi Yojana aims to fulfill the following objectives:

  • Provide financial assistance to women to start micro-enterprises
  • Support women-led entrepreneurship across sectors
  • Empower women economically for self-reliance
  • Promote livelihood and income generation for women
  • Boost women participation in the workforce
  • Transform women into job creators than job seekers

By enabling women financially, the scheme intends to make women independent, confident and participative in the economy. It seeks to provide equal opportunities for women to achieve economic freedom.

Eligibility for Lakhpati Didi Yojana

The following eligibility criteria have been outlined for the Lakhpati Didi Yojana 2024:

  • Indian citizenship
  • Women between 18-50 years of age
  • Members of women self-help groups
  • Annual family income below Rs 3 lakhs
  • No family member should be in a government job

Therefore, women belonging to economically weaker backgrounds are given priority under the scheme. Women above 50 years of age with entrepreneurial potential can also apply.

Application Process for Lakhpati Didi Yojana

Women can apply for funding under Lakhpati Didi Yojana through both online and offline modes. The key steps are outlined below:

Online application:
  • Visit official website
  • Click on 'Apply for Lakhpati Didi Yojana'
  • Fill required details in application form
  • Upload documents
  • Submit form and print acknowledgement
Offline application:
  • Obtain form from nearest child development office
  • Fill details accurately in the form
  • Attach required documents
  • Submit to relevant office and obtain receipt

Applicants must provide personal details, address proof, income certificate, PAN, Aadhaar and other KYC documents specified by the department.

Implementation Process

The Lakhpati Didi Yojana will be implemented through respective State Rural Livelihood Missions (SRLMs). The SRLMs will be responsible for:

  • Raising awareness about the scheme
  • Screening applications and identifying beneficiaries
  • Sanctioning funds for approved applications
  • Disbursing loans through Direct Benefit Transfer
  • Monitoring fund utilization and providing mentoring support

The Rural Development Ministry will allocate budgets to states annually. Performance review mechanisms will also be instituted to ensure transparency and efficiency.

Component Details
Scheme Name Lakhpati Didi Yojana 2024
Initiated By Government of India
Objective Women empowerment through entrepreneurship
Loan Amount Rs 1 lakh to Rs 5 lakhs
Mode of Application Online/ Offline
Beneficiaries Women across India

Expected Benefits from Lakhpati Didi Yojana

The Lakhpati Didi Yojana is expected to deliver the following benefits:

  • Promote women entrepreneurship and leadership
  • Generate large scale employment for women
  • Boost women labor force participation
  • Support women-led businesses and enterprises
  • Unleash innovation and productivity among women
  • Achieve financial inclusion of women
  • Contribute to women empowerment and gender equality

By facilitating financial and economic freedom for women, this scheme has the potential to transform gender roles and norms in society.


The Lakhpati Didi Yojana 2024 aims to provide universal access to credit and funding for women to become financially independent. Effective delivery of the scheme can significantly improve women participation in entrepreneurship and bridge the gender gap. The scheme's focus on creating livelihoods and promoting self-reliance makes it instrumental for women empowerment.

Official Website

Rajasthan Kanya Shaadi Sahayog Yojana 2024: Apply Online Process


Q1: What is Lakhpati Didi Yojana?

A1: Lakhpati Didi Yojana 2024 is a scheme by the Government of India to provide interest-free loans up to Rs 5 lakhs to women for starting micro-enterprises and small businesses.

Q2: Who proposed the Lakhpati Didi Yojana?

A2: The Lakhpati Didi Yojana was envisioned and proposed by Prime Minister Narendra Modi to boost women entrepreneurship and empowerment.

Q3: What is the amount of funding given under the scheme?

A3: Women can avail funding between Rs 1 lakh to Rs 5 lakhs under the Lakhpati Didi Yojana based on their proposed business plans.

Q4: How can one apply for the scheme?

A4: Women can apply online through the scheme's portal or offline by submitting applications to the respective State Rural Livelihood Missions.

Q5: What documents are required for Lakhpati Didi Yojana?

A5: Documents like Aadhaar, PAN Card, income proof, address proof, passport photos etc. need to be submitted along with the application.

Q6: Who implements the Lakhpati Didi Yojana 2024?

A6: The Lakhpati Didi Yojana is implemented through State Rural Livelihood Missions under the Ministry of Rural Development.


Top Post Ad header

Below Post Ad