PM Modi to give certificates to 11 lakh Lakhpati Didis; roll out Rs 2,500 crore fund

New Delhi, Aug 22 (IANS) Union Minister for Rural Development and Agriculture & Farmers' Welfare Shivraj Singh Chouhan on Thursday said that Prime Minister Narendra Modi will give certificates to 11 lakh new 'Lakhpati Didis' at a special function to be held at Jalgaon in Maharashtra on August 25 (Sunday).  

The programme will have nationwide participation through the virtual mode.

The Prime Minister will release a revolving Community Investment Fund of Rs 2,500 crore, which will benefit about 48 lakh members of 4.3 lakh women Self Help Groups (SHGs), Shivraj Singh Chouhan said.

PM Modi will also release a bank loan of Rs 5,000 crore, which will benefit 25.8 lakh members of 2,35,400 Self Help Groups (SHGs).

Shivraj Singh Chouhan also said that people from about 30,000 places across 34 states and union territories including state capitals and district headquarters will join this program through the virtual route.

He said that Lakhpati Didis are women who earn Rs 1 lakh or more per annum. These Lakhpati Didis have not only pulled their families out of poverty but are also becoming role models for the rest of society, the Union Minister said.

"The Rural Development Ministry has already created 1 crore Lakhpati Didis. Now our target is to create 3 crore Lakhpati Didis in the next 3 years. It is heartening to note that one of these community resource persons has created 95 Lakhpati Didis," Shivraj Singh Chouhan said.

He further explained that the Ministry has adopted a structured process to enable the SHG families to earn an annual income of Rs 1 lakh or more.

This includes capacitating National Resource Persons and developing Master Trainers in each state.

These Master Trainers further train the Community Resource Persons on business planning, financing and convergence process.

The cadre of 3 lakh Community Resource Persons, who have been specially trained in business planning and the skilling of SHG members, are doing a great service in this regard, the minister added.

Some of these community resource persons will also be facilitated.

As of now, the Ministry of Rural Development has formed 15 lakh Lakhpati Didis during the first 100 days which has succeeded the 11 lakh target for the period, Shivraj Singh Chouhan said.