...
...
Next Story

Budget 2024: What is ‘Lakhpati Didi’ scheme, mentioned by FM Nirmala Sitharaman?

Prime Minister Narendra Modi had announced the ‘Lakhpati Didi’ scheme to provide skill development training to 20 million women in villages across the country

Published on: Feb 01, 2024 12:31 PM IST
Advertisement

Finance minister Nirmala Sitharaman on Thursday announced in her interim budget that the government has enhanced the target of 'Lakhpati Didis' the self help group workers who earn sustainable income of at least one lakh rupees a year.

Union finance minister Nirmala Sitharaman presents the Interim Budget 2024 in the Lok Sabha on Thursday. (PTI) (HT_PRINT)
Union finance minister Nirmala Sitharaman presents the Interim Budget 2024 in the Lok Sabha on Thursday. (PTI) (HT_PRINT)

"83 lakh SHGs with nine crore women are transforming rural socio-economic landscape with empowerment and self-reliance. Their success has assisted nearly 1 crore women to become lakhpati didi already. Buoyed by the success, it has been decided to enhance the target of lakhpati didi from 2 crore to 3 crore," the minister told parliament in her budget speech.

Budget 2024 LIVE updates

What is ‘Lakhpati Didi’ initiative?

During his Independence Day speech last year, Prime Minister Narendra Modi had announced the ‘Lakhpati Didi’ scheme to provide skill development training to 20 million women in villages across the country.

Under this scheme, the women would be trained in skills like plumbing, LED bulb making and operating and repairing drones.

“Today there should be women self-help groups, with the aim of my 2 crore Lakhpati Didi, today we are working on women self-help groups. We, while promoting the potential of our women power, women-led development and when I have taken forward the topics of women-led development in G-20, the whole G-20 group is accepting its importance and accepting its importance,” the prime minister had said in his speech from the ramparts of Red Fort.

Key budget announcements on women

 
ABOUT THE AUTHOR
HT News Desk

Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.

SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe