Assam Lakhpati Baideo Scheme Registration, Eligibility | Lakhpati Baideo Scheme Form PDF Download – The Assam government is dedicated to empowering women entrepreneurs by offering financial support for starting their businesses. To achieve this goal, the Government of Assam has introduced the Lakhpati Baideo Scheme. Under this scheme, around 4 million women who are members of Self Help Groups (SHGs) in Assam will receive a loan totaling Rs 35,000 over a span of three years. Lakhpati Baideo Scheme Assam aims to provide financial assistance to hardworking women across the state, enabling them to kickstart their own ventures and achieve economic independence. [Also Read – Assam Scholarship: Online Registration, Eligibility & Last Date]
Lakhpati Baideo Scheme Assam 2024
Assam’s Chief Minister, Hemanta Biswa Sharma, has initiated the Lakhpati Baideo Scheme to support women entrepreneurs facing financial challenges in starting their businesses due to the state’s economic conditions. This scheme aims to provide Rs 35,000 in financial assistance to eligible women as a loan over three years, enabling them to establish their own businesses and generate income. Approximately 4 million women from Self Help Groups (SHGs) will benefit from this scheme, with funds transferred directly to their bank accounts. To apply for the Lakhpati Baideo Scheme Assam, eligible women will need to submit their applications online once the official website for the scheme is launched. [Also Read – Assam Pragyan Bharati Scooty Scheme: Apply Online, Choice of Scooty]
Overview of Assam Lakhpati Baideo Scheme
| Scheme Name | Lakhpati Baideo Scheme |
| Started By | By Government of Assam |
| Year | 2024 |
| Beneficiary | 40 lakh women entrepreneurs |
| Apply Procedure | Online |
| Objective | Providing financial assistance of Rs 35000 |
| Benefits | Financial assistance of Rs 35000 will be provided |
| Category | Assam Government Schemes |
| Official Website | —— |
Objectives of Lakhpati Baideo Scheme Assam 2024
The main objective of the government’s Lakhpati Baideo Scheme in the state of Assam is to provide financial support to small business-minded women in the state to enable them to build their own ventures. The benefit of this scheme is Rs. 35,000 for women. For three years, a loan of Rs will be granted; it must be repaid on schedule. [Also Read – Toilet List Assam: Check Rs 9000 Toilet Construction Claim Status]
Financial Assistance Amount of Lakhpati Baideo Scheme
A financial assistance amount of Rs 35,000 will be given to eligible women in the state of Assam under the Lakhpati Baideo Scheme which has been launched for women in the state. This money must be repaid within three years, and the financial assistance will be deposited into the beneficiary women’s bank accounts, shall be transferred and placed in. [Also Read – Assam Ration Card List: Download District/ Block Wise List, Check Status]
Loan Assistance and Training
The Lakhpati Baideo Scheme Assam has gained significant popularity among the people since its launch, mainly due to its provision of loans for women. Monthly camps are held in local neighborhoods to offer loans to eligible women, particularly those with low incomes. The scheme plans to provide Rs 5 lakh to each eligible woman, promoting their economic growth. A key aspect of the Lakhpati Baideo Scheme 2024 is training, which equips women with the skills needed to succeed in business. [Read More]
Features of Lakhpati Baideo Scheme
- The Lakhpati Baideo Scheme 2024 in Assam is set to be implemented with a budget of approximately ₹4,000 crore.
- The government aims to empower two crore women, turning them into successful entrepreneurs through this scheme.
- This welfare program will also serve as part of Assam’s efforts towards population control.
- To access funds, beneficiaries are required to submit a detailed business plan outlining their proposed venture.
- Eligible women across the state will receive financial aid of Rs 35,000 under this scheme, which they must repay within three years.
- Funds provided through the Lakhpati Baideo Scheme Assam will be directly deposited into the bank accounts of beneficiary women, ensuring ease of access and transparency.
Benefits of Lakhpati Baideo Scheme Assam 2024
- The Lakhpati Baideo Scheme 2024 strives to transform Self Help Groups (SHGs) into rural micro business owners, fostering economic growth at the grassroots level.
- Around 4 million women from Assam stand to benefit from this scheme, offering them opportunities for financial upliftment.
- This initiative opens doors for women who aspire to start their own businesses independently from their affiliated self-help groups.
- Eligible women will receive a cash grant of Rs 35,000, providing them with the necessary funds to kickstart their entrepreneurial journey.
- Participants will have the chance to launch their own small-scale enterprises, contributing to economic development and job creation in their communities.
- Through the Lakhpati Baideo Scheme, women will achieve economic self-reliance and enhanced social status, fostering a sense of independence and empowerment.
Eligibility Criteria of Lakhpati Baideo Scheme
- To qualify for this program, applicants must be residents of Assam, as it is tailored specifically for women from the state.
- Female applicants must possess a bank account in their name to receive assistance through this program.
- Women applying for this scheme should have no more than two children.
- Individuals who are members of a Self Help Group are eligible to avail benefits from this initiative.
- Female applicants need to have all necessary documents ready to apply for this scheme. Additionally, they should not have previously applied for business loans under any other program.
Required Documents
- Aadhaar card
- Address proof
- Mail 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 etc.
How to Apply under Lakhpati Baideo Scheme
The stages for the application process are listed below if you would want to apply for the Lakhpati Baideo Scheme Assam.:-
- First of all you have to go to the official website of this scheme, after this the homepage of the website will open in front of you.
- On the homepage of the website, you have to click on the option of Apply Here, after this the next page will open in front of you.
- In this you have to enter all the information asked carefully, after this you have to upload all the necessary documents.
- Now you have to click on the submit option and save the application form in PDF format for later use.
FAQs
Do I need to be part of a self-help group to apply for the scheme?
Yes, membership in a self-help group is required to apply.
Can I fill out the application form offline?
No, the application form must be completed and submitted online.
Can men from Assam apply for this scheme?
No, only women are eligible to apply for this scheme.