Assam Launches “Lakhpati Baideo” Scheme For 40 Lakh Woman Entrepreneurs


The Assam government on Thursday launched the “Lakhpati Baideo” scheme to empower 40 lakh self-help group (SHG) workers to help them become rural micro-entrepreneurs. Announcing the initiative, Assam Chief Minister Himanta Biswa Sarma said the ambitious scheme, which will offer ₹35,000 financial assistance to 40 lakh women, aims to empower women workers to achieve an annual income of ₹ 1 lakh. The ‘Mukhya Mantri Mahila Udyamita Abhiyan’, implemented at an estimated cost of ₹ 4,000 crore, will offer every SHG worker ₹ 10,000 in the first year and ₹ 12,500 from the Government and another ₹ 12,500 from as bank loan (total 25,000) over next two years. Read More

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