The Assam government has introduced the "Lakhpati Baideo" scheme to empower women associated with self-help groups (SHGs) by transforming them into rural micro-entrepreneurs. Launched by Chief Minister Himanta Biswa Sarma, this initiative aims to provide financial assistance of ₹35,000 to each of the 40 lakh women involved, with an objective of increasing their annual income to ₹1 lakh.
This scheme specifically supports SHGs as small rural businesses and benefits approximately 4 lakh women across Assam. Furthermore, there is a separate program designed for women who wish to start independent businesses, offering them the same cash assistance of ₹35,000 to kickstart their entrepreneurial endeavors and promote social and economic independence.
Overview of Lakhpati Baideo Scheme
| Scheme Name | Lakhpati Baideo Scheme |
|---|---|
| Launched by | Assam government |
| Objective | To empower women |
| Mode | online |
| Beneficiaries | 40 Lakh Women Entrepreneurs |
| Benefit | Financial assistance of ₹35,000 |
| State | Assam |
| Official Website | – |
Benefits of the Lakhpati Baideo Scheme
- The scheme aims to enable self-help groups (SHGs) to become rural microbusiness owners.
- A total of 40 lakh women in Assam will benefit from this scheme.
- A new program will support women wanting to start their entrepreneurial journey independently from SHGs.
- A cash assistance of ₹35,000 will be provided to these women.
- Candidates can utilize the fund to establish their own small enterprises.
- This initiative will help women become economically and socially self-sufficient.
Eligibility Criteria for the Lakhpati Baideo Scheme
To qualify for the Lakhpati Baideo Scheme, applicants must meet specific eligibility criteria:
- Residency: Applicants must be residents of Assam, as the scheme is exclusively for women in the state.
- Bank Account: A valid bank account is required for female applicants.
- Family Size: Women applying should not have more than two children.
- Membership: Only those who are members of self-help groups can benefit from the program.
- Documentation: Applicants must provide the necessary documents to apply. Previous participation in other business loan schemes is not permitted.
How to Apply Online for the Lakhpati Baideo Scheme
Follow these steps to apply for the Lakhpati Baideo Scheme:
Step 1: Visit the official website of the scheme.
Step 2: Navigate to the apply link on the home page and click it.
Step 3: A new application page will open.
Step 4: Fill in all the required details accurately and click on submit.
Documents Required for the Lakhpati Baideo Scheme Application
- Aadhar card
- Address proof
- Email address
- Identity card
- Income certificate
- Bank passbook
- Age certificate
- Membership certificate of the self-help group
- Details of the business startup
- Mobile number
- Passport size photograph
Read:
Assam Pragyan Bharati Scheme List PDF 2025
