PM Modi Announces ₹7,500 Crore in Funds and Loans for Women: Lakhpati Didi

Lakhpati Didi: On his visit to Jalgaon, Maharashtra, Prime Minister Narendra Modi participated in the Lakhpati Didi Sammelan, celebrating 11 lakh new Lakhpati Didis who achieved this status during the third term of the current government. Modi distributed certificates and recognized the contributions of these women. The event was a testament to the government’s commitment to empowering women and boosting their economic independence.

Lakhpati Didi: Disbursement of Funds and Loans

During the event, Prime Minister Modi announced the release of a Revolving Fund of ₹2,500 crore, benefiting about 48 lakh members of 4.3 lakh Self-Help Groups (SHGs). Additionally, he disbursed ₹5,000 crore in bank loans, aiding 25.8 lakh members of 2.35 lakh SHGs. These measures are expected to significantly enhance the financial stability of women across the country.

Condolences and Cultural Reflections

Prime Minister Modi began his address with condolences for the victims of the bus accident in Tanahun, Nepal, where several from Jalgaon lost their lives. He assured that the Indian government was providing all necessary assistance. Modi also highlighted Maharashtra’s rich cultural heritage, praising the state’s traditions and historical figures such as Shivaji Maharaj and Savitribai Phule, and drawing connections between these legacies and the ongoing empowerment initiatives.

Lakhpati Didi: Focus on Women’s Empowerment and Safety

Emphasizing the importance of women’s contributions to society, Modi discussed various government schemes aimed at enhancing women’s roles in the economy and public life. He highlighted the increased funding for women-centric programs, improvements in banking reforms, and the development of infrastructure supporting women’s safety and empowerment. Modi reiterated his commitment to ensuring that women are at the forefront of India’s development, urging continued efforts to protect and uplift them.

Conclusion and Future Outlook

Prime Minister Modi concluded his address by reinforcing the need for a stable government in Maharashtra to attract investment and foster job creation. He expressed confidence in the state’s potential and the role of its women in shaping a prosperous future. The event underscored the government’s dedication to creating a supportive environment for women, driving economic growth, and enhancing societal well-being.