Lakhpati Didi Initiative

Lakhpati Didi Initiative Latest News

Recently, the Union Minister for Rural Development and Agriculture & Farmers’ Welfare directed officials to formulate a special, focused strategy and work on a war footing to achieve the revised target of creating 6 crore ‘Lakhpati Didis’.

About Lakhpati Didi Initiative

• A Lakhpati Didi is a Self-Help Group member who earns an annual household income of Rupees One Lakh (Rs. 1,00,000) or more.
  • This income is calculated for at least four agricultural seasons and/or business cycles, with an average monthly income exceeding Rupees Ten Thousand (Rs. 10,000), so that it is sustainable.
• It focusses on the individual SHG women and not on the Self-Help Group (SHG). 
• This initiative facilitates diversified livelihood activities, by ensuring convergence across all Government departments/ Ministries, Private sector and Market players.
• Objective: To encourage women to start micro-enterprises within their villages.
• The initiative has been initiated by DAY-NRLM, wherein each SHG household is encouraged to take up multiple livelihood activities coupled with value chain interventions.
• Lakhpati Didi Strategy

• • Deepen, Strengthen and Expand Livelihood options : The households will be facilitated and enabled to take up diversified income-generating activities.
  • Capacity Building: A Cascade Training Strategy is adopted to enable training and handholding of Potential Lakhpati Didis (SHG members) from across all States and Union Territories in India.
  • Financial Assistance:  DAY-NRLM serves as a catalyst, facilitating financial assistance and providing a platform for these women to thrive.
• Nodal Ministry: Ministry of Rural Development
• Revised Target: 6 crore Lakhpati Didis by March 2029.

Source: PIB

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