Lakhpati Didi's - PWOnlyIAS

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.

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.