Context:
Recently, Deendayal Antyodaya Yojana- National Rural Livelihoods Mission (DAY-NRLM) organized a National Conclave on Enabling 2 Crore ‘LAKHPATIDIDIs’- SHG Didis.
About Lakhpati Didis:
- The Lakhpati Didi initiative, part of the DAY-NRLM, aims to provide skill training to two crore women.
- This training enables them to engage in micro-enterprises and earn an annual income of at least Rs 1 lakh through various livelihood activities and value chain interventions.
What is a Self-Help Group?
- A Self-Help Group is an informal association of individuals who come together to improve their living conditions.
- For Example:
- Kudumbashree is a poverty eradication and women empowerment initiative established in Kerala, India, in 1997.
- It operates through a three-tier structure comprising Neighbourhood Groups, Area Development Societies, and Community Development Societies, forming a network of Self-Help Groups.
- It is a self-governed and peer-controlled group comprising people with similar socio-economic backgrounds and a shared desire to achieve a common purpose.
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DAY-NRLM:
- DAY-NRLM is a flagship poverty alleviation program implemented by the Ministry of Rural Development, Government of India.
- Aim: To reduce poverty by enabling the poor household to access gainful self-employment and skilled wage employment opportunities resulting in sustainable and diversified livelihood options for the poor.
- Core components of Mission:
- social mobilization and promotion and strengthening of self-managed and financially sustainable community institutions of the rural poor women;
- financial inclusion;
- sustainable livelihoods;
- social inclusion, social development and access to entitlements through convergence.
News Source: PIB
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