Q. Which state has launched 'Lakhpati Baideos' scheme recently?
Answer:
Assam
Notes: Assam government has launched an ambitious scheme with the primary goal of developing around 40 lakh women Self-Help Group (SHG) members into Rural Micro Entrepreneurs, also referred to as 'Lakhpati Baideos' (sisters). This initiative aims to ensure an annual income of ₹1 lakh for each member. The scheme is a comprehensive approach to promote entrepreneurship among rural women, backed by a substantial budget of around ₹4,000 Crore. It includes a set of eligibility criteria related to family planning and the education of girl children among the beneficiaries. Additionally, the scheme involves the submission of a business plan by the members, with government support in its formulation. Financial aid, part grant and part loan, is provided over a three-year period to assist these women in establishing and growing their businesses.