Rongali Bihu: The Celebration of Assamese New Year

Under the 'Lakhpati Baideo' program Assam government provides money and instruction for women who want to become entrepreneurs. The scheme offers financial assistance through seed capital along with structured funds to 40 lakh women self-help group members throughout three years. The scheme combines population control and health services and educational programs to develop the community holistically.

• The Assam government has established Lakhpati Baideo as a groundbreaking program under the vision of Chief Minister Himanta Biswa Sarma. 

• Through the scheme the government provides formal funding together with business training and e-commerce capabilities which help women start their businesses. 

• Economic and social development aims support this initiative because it enhances rural earnings along with population management programs.

Features of  Lakhpati Baideo Scheme

The Lakhpati Baideo Scheme features three main characteristics.

• Financial Assistance:

  • Year 1: ₹10,000 as seed capital.

  • Year 2: ₹25,000 (₹12,500 as a bank loan and ₹12,500 as a state grant).

  • Year 3: ₹50,000 for successful entrepreneurs.

  • Total estimated cost: ₹4,000 crore.

• Target Beneficiaries:

  • Women SHG members across Assam.

  • This program targets women participants across General, Other Backward Classes, Scheduled Castes and Scheduled Tribes groups.

  • The policy operates with different family child limits for General plus OBC categories at three children but SC and ST categories can have up to four children.

• Support and Training:

  • Business training and financial literacy programs.

  • The business system facilitates product sales alongside marketing through an e-commerce portal.

  • Beneficiaries need to present business plans before accessing funding through this scheme.

• Health and Education Support:

  • The program provides healthcare facilities at affordable rates through special health camps.

  • The program gives monetary support to students from impoverished families for covering their school fees.

• Population Control Measures:

  • This program belongs to the family planning policies implemented by Assam government.

  • Benefits recipients receive support that promotes them to plan their family size responsibly.

Conclusion

Budgetary support through the Lakhpati Baideo scheme stands as a major initiative which promotes business empowerment among Assamese women across rural locations. This program expects to achieve women's socio-economic elevation through its integration of economic backing combined with educational benefits including training and health services. This program uses self-reliance goals and economic transformation strategies to support Assam’s plans for sustainable development that includes inclusive growth.