PM Modi to Honor 'Lakhpati Didis' in Maharashtra's Jalgaon, Boosting Women Empowerment

Over one crore women have achieved financial milestone under government scheme, with BJP aiming to increase number to three crore.

Narendra ModiLakhpati DidisWomen EmpowermentMaharashtraJalgaonReal Estate MaharashtraAug 24, 2024

PM Modi to Honor 'Lakhpati Didis' in Maharashtra's Jalgaon, Boosting Women Empowerment
Real Estate Maharashtra:Prime Minister Narendra Modi will visit Maharashtra's Jalgaon on Sunday to felicitate 11 lakh women, known as 'Lakhpati Didis', who have achieved a significant financial milestone under the government's scheme to empower women.

The 'Lakhpati Didis' initiative is designed to ensure that women earn at least Rs 1 lakh annually. Since its launch, over one crore women have reached this financial benchmark, with the BJP government aiming to increase this number to three crore.

During his visit, Modi will oversee the distribution of a Rs 2,500 crore revolving fund aimed at benefiting approximately 48 lakh members of 4.3 lakh self-help groups (SHGs). The PM will also disburse Rs 5,000 crore in bank loans, which will aid 25.8 lakh members of 2.35 lakh SHGs.

The scheme focuses on enhancing economic self-sufficiency among women by supporting them through SHGs, which provide a platform for women to save, access credit, and start small businesses. The revolving fund and bank loans are intended to boost the financial capabilities of these groups, enabling them to expand their businesses and improve their economic standing.

The BJP government's initiative has been successful in empowering women and promoting financial inclusion. The 'Lakhpati Didis' program has not only improved the economic condition of women but also promoted entrepreneurship and self-employment among them.

Modi's visit to Jalgaon is expected to boost the morale of women in the region and encourage them to take up entrepreneurship and self-employment opportunities. The event is also expected to promote the government's schemes and initiatives aimed at empowering women.

Following his visit to Maharashtra, Modi will head to Jodhpur, Rajasthan, to participate in the platinum jubilee celebrations of the Rajasthan High Court. He will be the chief guest at the concluding ceremony, held on the High Court campus, and will also inaugurate the new high court museum during his visit.

Frequently Asked Questions

What is the 'Lakhpati Didis' initiative?

The 'Lakhpati Didis' initiative is a government scheme designed to empower women by ensuring they earn at least Rs 1 lakh annually.

How many women have achieved the financial milestone under the scheme?

Over one crore women have reached this financial benchmark since the program's launch.

What is the aim of the BJP government under this scheme?

The BJP government aims to increase the number of women achieving the financial milestone to three crore.

What is the purpose of the revolving fund and bank loans under the scheme?

The revolving fund and bank loans are intended to boost the financial capabilities of self-help groups, enabling them to expand their businesses and improve their economic standing.

Where will PM Modi head to after his visit to Maharashtra?

PM Modi will head to Jodhpur, Rajasthan, to participate in the platinum jubilee celebrations of the Rajasthan High Court.

Related News Articles

Kolte-Patil Developers Signs Joint Development Deal for 22-Acre Project in Pune
Real Estate Pune

Kolte-Patil Developers Signs Joint Development Deal for 22-Acre Project in Pune

Joint development agreements are becoming more popular in the real estate sector, as developers look to reduce initial land acquisition costs and spread risks. Kolte-Patil Developers, a leading residential and commercial real estate developer in India, ha

February 7, 2025
Read Article
Brookfield Expands Indian Real Estate Portfolio with Minority Stake in Local Developer
Real Estate

Brookfield Expands Indian Real Estate Portfolio with Minority Stake in Local Developer

Brookfield Asset Management acquires minority stake in Indian developer, strengthening its presence in the country's real estate market.

September 3, 2024
Read Article
Macrotech Developers' Net Debt Surges 14% to Rs 4920 Cr in Q2
Real Estate Mumbai

Macrotech Developers' Net Debt Surges 14% to Rs 4920 Cr in Q2

Macrotech Developers, a prominent real estate developer, has reported a 14% increase in net debt to Rs 4,920 crore in the second quarter of the fiscal year 2024-25. This rise is attributed to increased investments in land acquisition and construction in s

October 13, 2024
Read Article
DB Realty Secures Contract for 13,374 Affordable Housing Units in Mumbai
real estate news

DB Realty Secures Contract for 13,374 Affordable Housing Units in Mumbai

DB Realty, a leading real estate developer in India, has secured a significant contract to develop 13,374 affordable housing units in Mumbai. This project is expected to boost the city's housing market and provide much-needed homes for lower-income famili

October 11, 2024
Read Article
Gargi by PNGS Expands with New Stores in Pune and Delhi
Real Estate Pune

Gargi by PNGS Expands with New Stores in Pune and Delhi

Pune, 6/1/24: Gargi by P N Gadgil & Sons (PNGS), a renowned name in the fashion jewellery industry, has announced the opening of two new franchise stores in Pimple Saudagar, Pune, and Kapil Vihar, Pitampura, Delhi. These new additions highlight the brand’

January 6, 2025
Read Article
Hermes Distillery Acquires Prime Residential Units in Mumbai for 199.35 Crore
Real Estate Mumbai

Hermes Distillery Acquires Prime Residential Units in Mumbai for 199.35 Crore

Hermes Distillery has made a strategic real estate move by acquiring ten residential units in the prestigious Prestige Ocean Tower located in Marine Lines, Mumbai, for a significant sum of 199.35 crore. This acquisition marks a significant step in the com

March 21, 2025
Read Article