PM Modi to Felicitate New 'Lakhpati Didis' and Boost Self-Help Groups

Prime Minister Narendra Modi will visit Jalgaon to honor 11 lakh 'Lakhpati Didis'. He will release a revolving fund of Rs 2,500 crore and disburse Rs 5,000 crore in bank loans to benefit members of self-help groups. Modi will also attend the platinum jubilee celebrations of Rajasthan High Court in Jodhpur.

Prime Minister Narendra Modi is set to visit Jalgaon in Maharashtra on Sunday, where he will honor 11 lakh new 'Lakhpati Didis' who have reached the milestone during his third term in office.

According to a statement released on Saturday, Modi will also announce the release of a revolving fund amounting to Rs 2,500 crore. This fund is expected to benefit approximately 48 lakh members across 4.3 lakh self-help groups (SHGs). In addition, he will disburse bank loans worth Rs 5,000 crore, aiding 25.8 lakh members from 2.35 lakh SHGs.

The scheme aimed at making 'Lakhpati Didis', which signifies a woman member of a self-help group earning Rs 1 lakh annually, has already seen one crore women achieve this status. The government's new target is to bring the tally up to three crore 'Lakhpati Didis'.

(With inputs from agencies.)