{"id":306983,"date":"2024-08-10T19:00:29","date_gmt":"2024-08-10T13:30:29","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=306983"},"modified":"2024-08-10T19:21:29","modified_gmt":"2024-08-10T13:51:29","slug":"kurukshetra-july-2024-summary-2-lakhpati-didi-initiative-significance-and-challenges-explained-pointwise","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/kurukshetra-july-2024-summary-2-lakhpati-didi-initiative-significance-and-challenges-explained-pointwise\/","title":{"rendered":"[Kurukshetra July 2024 Summary-2] Lakhpati Didi Initiative- Significance and Challenges- Explained Pointwise"},"content":{"rendered":"

With the success of the Deendayal Antyodaya Yojana National Rural Livelihood Mission (DAY-NRLM) in mobilizing<\/span> more than 10 crore households<\/span> into 91 lakh Self-Help Groups<\/span> (SHGs), the focus has shifted now to creating sustainable livelihoods for the members. Lakhpati Initiative stresses on the creation of different livelihood models<\/span> across the farm<\/span> and non-farm sectors<\/span> for enhancing the household income in a manner that each household earns at least one lakh rupees in a year.<\/p>\n

\"Lakhpati
Source- Kurukshetra<\/figcaption><\/figure>\n\n\n\n\n
Table of Content<\/strong><\/td>\n<\/tr>\n
Who is Lakhpati Didi? What is the strategy of Lakhpati Didi Initiative?<\/a>
\nWhat is the Significance of Lakhpati Didi Initiative?<\/a>
\nWhat are the Challenges in the Creation of Lakhpati Didis?<\/a>
\nWhat are the other Government initiatives for Women Empowerment?<\/a>
\nWhat Should be the way Forward?<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/a>Who is Lakhpati Didi? What is the strategy of Lakhpati Didi Initiative?<\/strong><\/h2>\n

Lakhpati Didi-<\/strong> 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<\/span> and\/or business cycles, with an average monthly income exceeding Rupees Ten Thousand (Rs. 10,000), so that it is sustainable.<\/p>\n

Strategy for Lakhapti Didi initiative<\/strong><\/p>\n

1.\u00a0Deepening, Strengthening and Expansion of Livelihood options-<\/strong> Facilitating and enabling the households to take up diversified income-generating activities<\/span>. Trained Community Resource Persons<\/span> to facilitate<\/span> the Livelihood Planning using a tool and uploading it to a digital platform for further consolidation and resource linkages.<\/p>\n

2. Implementation Support-<\/strong> Adequate and timely support is facilitated to the SHG members\/ Federations for Livelihood enhancement is provided in the form of-
\na. Assets<\/span> (Input, equipment, infrastructure)
\nb. Skills<\/span> (Knowledge and practical skills)
\nc. Access to Finance<\/span> (Bank linkage, leveraging departmental schemes, Corporate Social Responsibility)
\nd. Marketing Support<\/span> (Branding, Packaging, e-commerce etc.).<\/p>\n

3. Convergence and Partnerships-<\/strong> Convergence with various schemes (Inter and Intra departmental) undertaken for mobilizing technical, and financial resources, and capacity building of SHG federations.<\/p>\n

Convergence between the schemes of Ministry of Rural Development (MoRD<\/span>), Ministry of Agriculture & Farmers\u2019 Welfare (MoA&FW<\/span>), Department of Animal Husbandry and Dairying (DAHD<\/span>), Ministry of Food Processing Industries (MoFPI<\/span>).<\/p>\n

4. Training and Capacity Building-\u00a0<\/strong>Regular<\/span> and structured capacity building<\/span> and exposure<\/span> of Mission staff<\/span>, line department officials<\/span>, community institutions<\/span>, community cadre<\/span> and resource persons<\/span> is undertaken.<\/p>\n

<\/a>What is the Significance of Lakhpati Didi Initiative?<\/strong><\/span><\/h2>\n

1. Financial Empowerment of Women-<\/strong> The program targets to create 3 crore Lakhpati Didis by 2025<\/span>. By helping women attain a sustainable income of at least Rs. 1 lakh per annum<\/span>, the initiative enables them to become financially independent<\/span> and improve their standard of living.<\/p>\n

2. Promotion of Entrepreneurship and Employment-<\/strong> The Lakhpati Didi initiative encourages women to start micro-enterprises and become self-reliant. This entrepreneurial skill will help in generation of additional employment. For ex-<\/strong> Lakhpati Didis starting tailoring business after acquiring the necessary skills<\/span>.<\/p>\n

3. Role Models of Women Empowerment-<\/strong> Lakhpati Didis serve as an inspiration to the women community to empower themselves. They inspire other women through their adoption of sustainable livelihood practices<\/span> and achievement of a decent standard of life<\/span>. They serve as conduits for crucial financial literacy, skill development, and livelihood assistance.<\/p>\n

4. Rural Economic Development-<\/strong> The collective impact of empowered women entrepreneurs through Lakhpati Didi initiative contributes to the development of rural economy. For ex-<\/strong> Development of Kondagaon block of Chhattisgarh through the Lakhpati Didi intervention<\/span>.<\/p>\n

<\/a>What are the Challenges in the Creation of Lakhpati Didis?<\/strong><\/span><\/h2>\n

1. Skill Development and Training Gaps-<\/strong> Women in rural areas lack the necessary skills and education<\/span>. This creates a challenge for the scaling up of programs like Lakhpati Didis which aim to utilize skills of rural women.<\/p>\n

2. Lack of Access to Financial Resources-<\/strong> Rural women face barriers in accessing credit and financial services. The lack of tailored financial products for rural women<\/span> hinders their ability to invest in and grow their businesses effectively.<\/p>\n

3. Inadequate Market Linkages-<\/strong> Many women struggle to scale up their businesses due to inadequate market linkages<\/span>. This limits their ability to sell their products and achieve sustainable income levels.<\/p>\n

4. Cultural and Social Barriers-<\/strong> Women face resistance from their families or communities<\/span>, in business operations. These barriers also hamper their engagement in the Lakhpati Didi initiatives.<\/p>\n

5. Poor Digital Infrastructure-<\/strong> Poor digital infrastructure in rural areas such as low internet speed<\/span>, latency<\/span> and lack of adequate digital equipments<\/span> create further challenges for the successful implementation of Lakhpati Didi Initiative.<\/p>\n

<\/a>What are the other Government initiatives for Women Empowerment?<\/strong><\/span><\/h2>\n\n\n\n\n\n
Economic Empowerment<\/strong><\/td>\n1. Governments has been promoting equal pay for equal work through the four new labour codes<\/span>.
\n2. Government has established maternity leave and childcare policies through the Maternity Benefit<\/span> (Amendment<\/span>) Act 2017<\/span>.
\n3. It has also provided access to finance and entrepreneurship training for women, like the Mudra Yojana<\/span> and the Mahila Udyam Nidhi Yojana<\/span>.<\/td>\n<\/tr>\n
Political Empowerment<\/strong><\/td>\n1. Nari Shakti Vandana Adhiniyam<\/span>(Women reservation Act<\/span>)- Passed to provide 33% reservation for women in the Lok Sabha and state legislative assemblies.
\n2. 73rd and 74th amendment Act<\/span>– Provided 33% reservation to women in local bodies. Some states like Bihar have increased the women reservation in the local bodies to 50%.
\n3. Govt has been encouraging political parties to nominate more women candidates and has been providing leadership training.<\/td>\n<\/tr>\n
Social Empowerment<\/strong><\/td>\n1. Government has focused on ending child marriage and safeguarded sexual and reproductive health rights through The Prohibition of Child Marriage Act, 2006<\/span> and Medical Termination of Pregnancy Amendment Act of 2021<\/span>.
\n2. Government has been protecting women\u2019s land rights through Digital India Land Records Modernisation Programme<\/span> (DILRMP) and implementing gender-responsive budgeting, which are crucial steps towards achieving gender equality.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/a>What Should be the way Forward?<\/strong><\/span><\/h2>\n

1. Effective Monitoring and Evaluation-<\/strong> Effective monitoring and evaluation mechanisms are necessary to assess the impact of the initiative and make necessary adjustments. Robust data collection<\/span> and analysis<\/span> should be employed to understand the initiative’s effectiveness and identify areas for improvement.<\/p>\n

2. Skill Developing Training Programs- <\/strong>The alignment<\/span> of training program with market demands<\/span> and equipping of women with practical, applicable skills is crucial for their success in micro-enterprises.<\/p>\n

3. Enhanced Market Access-<\/strong> The initiative must focus on creating technology-driven solutions<\/span> and ensuring adequacy of digital resources<\/span> to enhance market access of Lakhpati Didis.<\/p>\n

4. Government and Institutional Collaboration-<\/strong> Ensuring effective collaboration among various government departments, NGOs, and private sector players to create a holistic support system for women entrepreneurs.<\/p>\n\n\n\n
Source- Kurukshetra Chapter 1
\nRead More- Lakhpati Didi<\/a>
\nSyllabus- GS 1- Issues related to Women<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

With the success of the Deendayal Antyodaya Yojana National Rural Livelihood Mission (DAY-NRLM) in mobilizing more than 10 crore households into 91 lakh Self-Help Groups (SHGs), the focus has shifted now to creating sustainable livelihoods for the members. Lakhpati Initiative stresses on the creation of different livelihood models across the farm and non-farm sectors for… Continue reading [Kurukshetra July 2024 Summary-2] Lakhpati Didi Initiative- Significance and Challenges- Explained Pointwise<\/span><\/a><\/p>\n","protected":false},"author":10357,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[130,10627],"tags":[],"class_list":["post-306983","post","type-post","status-publish","format-standard","hentry","category-7-pm","category-yojana-and-kurukshetra-summary","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/306983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10357"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=306983"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/306983\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=306983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=306983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=306983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}