Lakhpati Baideo Scheme 2024: Apply Online, Check Benefits and Eligibility Criteria

Lakhpati Baideo Scheme 2024 was launched by the state government of Assam. Lakhpati Baideo Scheme 2024 was launched to help women of Assam states to set up their own business. The objective of this scheme is to help small entrepreneurs to encourage small business in the state of Assam. Assam State Chief Minister Hemanta Biswa Sharma promised women small entrepreneurs in the state to earn Rs 1 lakh per month with this scheme. Under this scheme, a total of 40 lakh women of Self Help Groups (SHG) will get financial assistance. Financial assistance from this scheme will be transferred directly to the bank account of the applicant.

Lakhpati Baideo Scheme 2024: Apply Online, Check Benefits and Eligibility Criteria

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Overview of Assam Lakhpati Baideo Scheme

To help the women workers in the state of Assam, the Assam state government launched the Assam Lakhpati Baideo Scheme. All the applicants who fulfill the eligibility criteria will get financial assistance from the Assam State Government. Selected candidates will be given financial assistance of Rs 35000. 35,000 INR 12500 will be exempted from the bank loan which the applicant has to repay. The objective of this scheme is to promote small business owners in the state of Assam. Only female candidates are eligible to apply for the scheme. A total of 40 lakh women candidates will be selected for this scheme.

Key Highlights of the Lakhpati Baideo Scheme

Scheme NameLakhpati Baideo Scheme
Launched byAssam state government
ObjectiveFinancial Assistant
BeneficiariesFemale citizens of Assam state
Official website –

Objective of Lakhpati Baideo Scheme

The main objective of starting the Lakhpati Baideo Scheme is to provide financial assistance so that applicants can start a small business. A total of 40 lakh women candidates will be given financial assistance so that they can start small businesses. Small businesses help in creating employment opportunities and have a big impact on the GDP of the country. Selected female candidates will be given financial assistance of Rs 35,000 for a total of 3 years. The Chief Minister of Assam state has promised that small business owners will get Rs 1 lakh per year after launching the scheme.

Eligibility Criteria

  • If the applicant belongs to the General or OBC category then the applicant should not have more than 3 children.
  • If the applicant belongs to SC, ST, Moran. Applicants belonging to the Matak, Tea-tribe category should not have more than 4 children.
  • Applicants who belong to Self Help Group must have a girl child enrolled in school, if she is of age.
  • The trees planted under the Amrit Vriksha movement should survive.
  • To avail of the grant the applicant must submit a business plan.

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Benefits of Lakhpati Baideo Scheme

  • Selected applicants for the Lakhpati Baideo Scheme will get financial assistance of Rs 35,000.
  • Financial assistance will be given for a total of 3 years.
  • Of the total amount, Rs 12,500 will be given as a bank loan (total of Rs 25,000) over the next two years.
  • To receive funds, beneficiaries must submit a business plan.
  • Financial assistance will be transferred directly to the bank account of the applicant.

Required Documents

  • Aadhar card
  • Residence/Residence Certificate
  • income certificate
  • educational qualification documents
  • Bank account details
  • Caste Certificate

Registration fee

  • There is no registration fee to apply for the scheme.

Features of the scheme

  • Lakhpati Baideo Scheme will provide financial assistance to the women of Assam state.
  • The objective of this scheme will be to promote small businesses in the state.
  • Financial assistance of Rs 35000 will be transferred to the applicant’s bank account for 3 years.
  • A total of 40 lakh applicants will be provided financial assistance by the Assam state government.

Selection Process

  • Applicants will be selected based on approval of their eligibility criteria.
  • Only permanent residents of Assam state are selected for the scheme.
  • Women members who want to start a small business are eligible to apply for the scheme.
  • To be selected for the scheme the applicant must submit a business plan to the authorities.

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Lakhpati Baideo Scheme Application Process

  • To apply for the scheme, first go to the official website by clicking on the link given here
  • Click on Apply Now option on the home page.
  • A new page will appear on your screen.
  • Fill in all the details asked and attach all the required documents.
  • Click on the submit option to complete your process.
  • The applicant can also submit the application form offline by visiting the nearest Panchayat office.

How to fill Lakhpati Baideo Scheme application form

  • Fill your correct name and address on the application form.
  • Now fill in your mobile number and your bank account details correctly on the application form.
  • Fill the number of your children as per the category prescribed above.
  • Fill in the details of the girl child who is enrolled in the school.
  • Attach necessary documents like Aadhar Card and Caste Certificate.

Contact Details

  • gad.assam@gov.in

FAQs

Who is eligible to apply for the Lakhpati Baideo Scheme 2024

All female citizens of Assam state are eligible to apply for the scheme 2024.

What is the financial assistance given under Scheme 2024?

There will be financial assistance of Rs 35000 under Scheme 2024.

What is the duration of financial assistance given under Scheme 2024?

Financial assistance under the scheme 2024 will be given for 3 years.

Is there any age limit for the Lakhpati Baideo Scheme?

There is no age limit for the Chief Minister Women Entrepreneurship Campaign.

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