Women interested in starting a business Rs. 5 lakh interest free loan. They have to repay only the principal amount as the interest is waived. This financial assistance helps women to establish multiple businesses and become financially viable.
Women should join Self Help Group (SHG) to avail Lakhpati Didi Yojana. These groups facilitate the loan process. They also provide necessary assistance. Targeting mainly rural areas, SHGs help women get the resources they need to succeed.
How to apply for a loan, Lakhpati Didi Yojana
women should visit the SHG office with their business plan and necessary documents. SHGs play an important role in supporting women’s business endeavors in disbursing credit.
The scheme also includes training programs focusing on economic and skill development. Women can learn different skills.
Get guidance to start your own business. The training covers areas like poultry farming, agriculture, milk production, manufacturing of LED bulbs, handicrafts and animal husbandry.
Training provides them with the necessary skills and knowledge. Increases the chances of success in their entrepreneurial ventures. This government initiative is part of a wider drive to strengthen the economic status of women.