Lakhpati Baideo Scheme 2024: Online Registration, Eligibility, Benefits

by Dhrubajyoti Haloi
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Lakhpati Baideo Scheme 2024: Online Registration, Eligibility, Benefits: The Government of Assam has taken a significant step towards empowering women by introducing the Lakhpati Baideo Scheme 2024. This initiative aims to provide financial support to women in the state, encouraging them to launch their own businesses. Under this scheme, 40 lakh women business owners, who are members of Self-Help Groups (SHG) in Assam, will receive loans totaling Rs 35,000 over three years. This scheme is designed to uplift labor women in the state by helping them start their own enterprises. Read on to learn more about the Lakhpati Baideo Scheme 2024.

Lakhpati Baideo Scheme 2024 Highlights

Here is a summary of the Lakhpati Baideo Scheme 2024 in a table format for quick reference:

FeatureDetails
Name of the SchemeLakhpati Baideo Scheme 2024
Launched byAssam Government
ObjectiveTo empower women entrepreneurs
Mode of ApplicationOnline
Beneficiaries40 Lakh Women Entrepreneurs
Financial AssistanceRs 35,000
StateAssam
Estimated Implementation Cost₹4,000 crore
Loan Repayment Period3 years
Business Plan RequirementYes
Direct Bank TransferYes
Eligibility CriteriaAssam residency, SHG membership, bank account, ≤2 children
Key Documents RequiredAadhar Card, Address Proof, Email ID, Income Certificate, Bank Passbook, Age Certificate, SHG Membership Certificate, Business Plan Details, Mobile Number, Passport Size Photo
Official WebsiteTo be announced

Lakhpati Baideo Scheme 2024

The Lakhpati Baideo Scheme, introduced by the Assam government, is a game-changer for women entrepreneurs in the state. Over three years, the government will grant each candidate Rs 35,000, which will be directly deposited into their bank accounts. Eligible applicants can apply online through the official website to receive the funds.

Assam Lakhpati Baideo Scheme Details

Name of the schemeLakhpati Baideo Scheme
Launched byAssam government
ObjectiveTo empower women
ModeOnline
Beneficiaries40 Lakh Women Entrepreneurs
BenefitFinancial assistance of Rs 35,000
StateAssam
Official WebsiteTo be announced

Objectives of Lakhpati Baideo Scheme 2024

Assam Direct Recruitment Guide Book PDF

Assamese Medium: Click Here

English Medium: Click Here

The primary goal of the Lakhpati Baideo Scheme is to incentivize small business-minded women in Assam to start their ventures by providing financial support. Eligible women will receive Rs. 35,000, which must be repaid over three years. This scheme aims to foster entrepreneurship among women, contributing to their economic and social independence.

Features of Lakhpati Baideo Scheme 2024

Some of the key features of the scheme include:

  • Estimated Cost: The scheme is implemented at an estimated cost of ₹ 4,000 crore.
  • Beneficiaries: The government aims to create two crore Lakhpati didis.
  • Population Control Initiatives: This welfare program is part of Assam’s population control initiatives.
  • Business Plan Requirement: Beneficiaries must submit a business plan to receive the funds.
  • Financial Assistance: Eligible women will receive financial assistance worth Rs 35,000, to be repaid in three years.
  • Direct Deposit: The money will be directly deposited into the beneficiaries’ bank accounts.

Benefits of Lakhpati Baideo Scheme 2024

The scheme offers numerous benefits:

  • Empowerment of SHGs: It aims to enable self-help groups (SHGs) to become rural microbusiness owners.
  • Support for Women Entrepreneurs: The scheme will help 40 lakh women in Assam start their own businesses.
  • Cash Assistance: A cash help of Rs 35,000 will be provided to eligible women.
  • Economic Independence: Women will grow economically and socially independent.
  • Entrepreneurial Opportunity: Candidates will have the opportunity to launch their small businesses.

Documents Required

To apply for the scheme, the following documents are required:

  • Aadhar card
  • Address proof
  • Email ID
  • Identity card
  • Income certificate
  • Bank passbook
  • Age certificate
  • Certificate of being a member of a self-help group
  • Business startup details
  • Mobile number
  • Passport size photo

Eligibility Criteria for Lakhpati Baideo Scheme 2024

Before applying, ensure you meet the following eligibility criteria:

  • Applicants must be residents of Assam.
  • The female applicant must have a bank account.
  • Applicants should not have more than two children.
  • Members of a Self-Help Group are eligible for benefits.
  • Applicants must possess the required documentation.
  • Applicants should not have received a business loan from any other program previously.

Application Process of Lakhpati Baideo Scheme 2024

To apply for the Lakhpati Baideo Scheme, follow these steps:

  1. Visit the Official Website: Go to the official website of the scheme.
  2. Navigate to Apply Here: On the home screen, click on the “Apply Here” option.
  3. Enter Details: A new page will open. Enter all the required details carefully.
  4. Upload Documents: Upload the necessary documents.
  5. Submit Application: Click on the “Submit” option.
  6. Save Application: Save the application form in PDF format for future reference.

How the Lakhpati Baideo Scheme Empowers Women

The Lakhpati Baideo Scheme is designed to create a significant impact on women’s lives in Assam. By providing financial support, the scheme helps women:

  • Start New Businesses: Women can use the funds to kickstart their entrepreneurial ventures, contributing to economic growth.
  • Gain Financial Independence: Financial assistance helps women become self-sufficient, reducing their dependence on others.
  • Enhance Social Status: By becoming entrepreneurs, women can improve their social standing and influence in their communities.
  • Support Their Families: Increased income from new businesses can help women better support their families, improving overall living standards.

Role of Self-Help Groups (SHGs)

Self-Help Groups play a crucial role in the Lakhpati Baideo Scheme. These groups:

  • Foster Entrepreneurship: SHGs provide a supportive environment for women to discuss and develop business ideas.
  • Provide Training and Resources: SHGs often offer training and resources to help women improve their skills and knowledge.
  • Facilitate Access to Loans: Membership in SHGs makes it easier for women to access loans and financial support from the government.

Impact on Assam’s Economy

The Lakhpati Baideo Scheme is expected to have a positive impact on Assam’s economy by:

  • Boosting Local Businesses: New businesses started by women will contribute to the local economy, creating jobs and stimulating growth.
  • Reducing Poverty: Financial independence for women can help reduce poverty levels in the state.
  • Promoting Sustainable Development: By supporting small businesses, the scheme promotes sustainable economic development in rural areas.

Government’s Commitment to Women’s Empowerment

The Lakhpati Baideo Scheme reflects the government’s commitment to women’s empowerment. By providing financial support and encouraging entrepreneurship, the government aims to:

  • Promote Gender Equality: The scheme helps bridge the gender gap by providing equal opportunities for women.
  • Support Women’s Rights: Financial independence empowers women to stand up for their rights and make informed decisions.
  • Encourage Participation in Economic Activities: The scheme encourages women to actively participate in economic activities, contributing to the state’s growth.

FAQs

Q: What is the Lakhpati Baideo Scheme 2024?

The Lakhpati Baideo Scheme 2024 is an initiative by the Assam government to provide financial support to women entrepreneurs in the state. The scheme offers Rs 35,000 over three years to 40 lakh women business owners who are members of Self-Help Groups.

Q: Who is eligible for the Lakhpati Baideo Scheme 2024?

The scheme is open to Assamese women who are members of self-help groups, have a bank account, and do not have more than two children. Applicants must also possess the required documentation.

Q: How can I apply for the Lakhpati Baideo Scheme 2024?

To apply, visit the official website of the scheme, fill out the application form with the required details, upload the necessary documents, and submit the form. Save a copy of the application for future reference.

Q: What documents are required to apply for the Lakhpati Baideo Scheme 2024?

Applicants need to provide an Aadhar card, address proof, email ID, identity card, income certificate, bank passbook, age certificate, certificate of being a member of a self-help group, business startup details, mobile number, and passport-size photo.

Q: What are the benefits of the Lakhpati Baideo Scheme 2024?

The scheme aims to empower self-help groups to become rural microbusiness owners, support 40 lakh women entrepreneurs, provide Rs 35,000 in cash assistance, and promote economic and social independence among women.

Q: What is the objective of the Lakhpati Baideo Scheme 2024?

The primary objective is to encourage women in Assam to start their own businesses by providing financial support, thereby fostering entrepreneurship and contributing to their economic and social independence.

Conclusion

The Lakhpati Baideo Scheme 2024 is a landmark initiative by the Assam government to empower women through financial support and entrepreneurship. By providing Rs 35,000 to each eligible woman over three years, the scheme aims to foster economic and social independence among women in Assam. The scheme not only supports individual women but also contributes to the overall development of the state’s economy. With the support of Self-Help Groups and a clear focus on promoting small businesses, the Lakhpati Baideo Scheme is set to create a positive impact on the lives of many women in Assam.

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