The central and state governments are running many schemes to economically empower women in India. Among these, the Lakhpati Didi and Jeevika Didi schemes are the most prominent. Both these schemes aim to make women self-reliant, but their way of working and benefits are different. Often, people are confused about which scheme is more beneficial. Let us understand the major difference between these two.
What is Jeevika Didi Yojana
Jeevika Didi Yojana is run by the Government of Bihar, which aims to employ rural women at the local level by connecting them with Self-Help Groups. Under this scheme, women form small groups and get loans without a guarantee. This loan helps them to start or expand their small business.
The focus of Jeevika Didi Yojana is to help women start work immediately by providing financial assistance. In this, a loan of ₹ 10,000 to ₹ 2 lakh can be availed, which women can repay in easy installments. It is better for those women who need immediate capital.
What is Lakhpati Didi Yojana
Lakhpati Didi Yojana is an initiative of the Central Government, which aims to increase the annual income of women by ₹ 1 lakh or more by providing skill training to them. In this scheme, direct loan is not given, but women are taught new skills, such as making LED bulbs, flying drones, or sewing and embroidery. This scheme makes women so capable that they can move forward with their own earnings. It is beneficial for those women who want to hone their skills and increase their income in the long term.
Both schemes are important in their respective purposes. If you are in Bihar and you need direct financial assistance to start or expand your business, then Jeevika Didi Yojana is better for you. But if you are anywhere in the country and looking for skill training and guidance to increase your income, then Lakhpati Didi Yojana is the best option for you. Both schemes are empowering women and bringing positive changes to society.