A Lakhpati Didi is a Self-Help Group Member, whose annual household income is more than Rupees One Lakh (Rs. 1,00,000) with an average monthly income of Rupees Ten Thousand (Rs. 10,000) or more sustained for at least 4 agricultural seasons and/ or four business cycles.

1. Identification of Potential Lakhpati Didis
2. Creating a pool of  Master trainers and Community Resource Persons
3. Cascading Training and Capacity building of various Stakeholders such as SHGs and its federations, Community Resource Persons, Master Trainers, and the Staff/experts supporting this initiative
4. Training, Capacity Building and exposure visits of potential Lakhpati Didis on various Livelihood Models and making accessible relevant resource documents for self-learning
5. Preparation of Lakhpati Plan of the identified households using a digital tool, consolidation of the plans and development of product and/ or service clusters, value chain interventions, establishing linkages with various stakeholders, schemes of government, private sectors partnerships etc.
6. Mapping of Community Resource Persons with identified Didis for Handholding support and linkages.
7. Aajeevika Register for reporting the livelihood activities and income on a periodic basis (Six Monthly linked to Agriculture season and/ or on completion of business cycles).

1. A SHG member who has completed a minimum of two years and has availed of the Community Investment Fund (CIF).
2. A beneficiary of livelihood intervention through the mission and practising at least two livelihood activities. 

 When identifying the potential Lakhpati Didis, equal opportunity will be given to all categories of SHG (social and economic) will be given, and about 25% of Didis may be targeted from the income bracket of more than 1 lakh per annum, and the remaining 75% of Didis may be targeted from those in the income bracket of less than Rs. 1 lakh per year. This is based on the survey done in 2022. These criteria are suggestive only. States/ UTs may further devise suitable criteria to identify potential Lakhpati Didis.

(Link to advisory: Criteria for identification of Potential Lakhpati Didi)

1. Senior professionals with at least 5 years of experience across various thematic areas such as enterprise promotion, business management, livestock development, agriculture, horticulture, aquaculture, value chain etc.
2. Have demonstrated experience in delivering effective training sessions on livelihood promotion.
3. The states may take benefit/Inclusion of existing Resource Persons (State/District/Block) trained in Start-up Village Entrepreneurship Programme (SVEP), One Stop Facility (OSF), Financial Inclusion (FI), Integrated Farming Clusters (IFC), Producer Groups/Enterprises (PG/PE) etc.                      

    (Link to advisory: Training Roll out Plan)               

The identified Master Trainers will impart the Lakhpati Didi training to the Community Resource Persons.

The Community Resource Persons are the feet on the ground and are the extended hands of the Ministry for preparing the Lakhpati didi Livelihood Plan. A two days comprehensive training programme is designed for the Community Resource Persons considering the Knowledge and Skill that will be required to deliver their role.

Sessions:

1. Introduction to the concept of Lakhpati Didi
2. Lakhpati Didi Livelihood opportunities
3. Components of Livelihood Planning
4. Livelihood Planning process and the Digital Tool
5. Livelihood Models
6. Role of  Community Resource Persons in hand holding potential Lakhpati Didis
7. Resource Provisions
8. Digital Aajeevika Register

The Training Module including Session plan, Presentations/ Resource materials, Reference documents, Videos etc. can be downloaded from the website.

(Link to the Training Materials on Lakhpati Didi for Community Resource persons: Download here)

It includes Training of Trainers (ToT) of Resource Persons, Master Trainers and Training of Community Resource Persons.

The four key strategies for universal coverage of Self Help Group households into livelihoods and enabling Lakhpati Didis are:

Strategy-1: Deepen, Strengthen and Expand Livelihoods of Self Help Group Members

Strategy-2: Implementation by facilitating adequate and timely support to Households in Assets, Skills, Finance & Market

Strategy-3: Intra and Inter Departmental Convergence and Partnership with Expert Institutions and Organizations

Strategy-4: Training and capacity building of all stakeholders

(Link: Strategy Document for Lakhpati didis)

The DAY-NRLM has multiple interventions focusing on the livelihood augmentation of women Self Help Group Members.

Key interventions that can supplement the Lakhpati didis:

Capitalization Support:

1. Revolving Fund: Rs. 20,000 to Rs. 30,000 per eligible SHG to catalyze the process of internal lending and to enable them to meet the immediate credit needs of the members. 
2. Community Investment Fund (CIF): This financial support is provided only to SHGs and their federations to advance loans to enable members to undertake socio-economic activities as per micro-credit/ investment plans. The maximum amount admissible for Community Investment Fund is Rs. 2.50 lakh per SHG.

Bank Loan

1. Collateral-free bank loan up to Rs. 20 lakh for SHGs.
2. Interest Subvention: Interest subvention, to cover the difference between the Lending Rate of the banks and 7%, on all credit from the banks/ financial institutions availed by women Self Help Groups, for a maximum of Rs. 3,00,000 per Self Help Group.
3. Overdraft Facility: Every Self Help Group women member having a Jan-Dhan Account is eligible for an Overdraft (OD) limit of Rs. 5,000.

Women Enterprise Acceleration Fund:

1. For individual enterprises

1. Credit Guarantee Support: Credit guarantees to individual women entrepreneurs for loans up to Rs. 5 lakh for a maximum period of 5 years.
2. Interest Subvention on prompt payment: 2% interest subvention to incentivise good repayment behaviour for loans up to Rs. 1.5 lakh for a maximum duration of 3 years.

2. For enterprise collectives/ FPOs

1. Collateral Support to Enterprise Collectives/ FPOs: The fund will be used to provide collateral up to 50% of the total credit extended (or up to Rs. 2 crore, whichever is less) to lending institutions.

Producer Groups (PGs) are small sized groups engaged in localized marketing activities catering to the local demand and supply situations. Their business model is primarily based on economies of aggregation and thus aimed at reduction in individual transaction costs. Their target markets are also local and usually fall within a short radius. At the village level, Producer Groups are able to aggregate the commodities and collectively sell them in the market, better price negotiation and higher price realization. The Mission is providing Rs. 2 Lakh per PG which includes working capital and infrastructure fund, for sustaining their business. A Lakhpati Didi can join the Producer group or higher level federation for aggregation and collective sale of the produce.

Start Up Village Entrepreneurship Programme (SVEP) aims to stimulate economic growth and reduce poverty and unemployment in the villages by helping start and support rural enterprises. Block Resource Centers (BRCs) are created in each of the intervention blocks and Community Resource Persons- Enterprise Promotion (CRP-EP) are placed in blocks to assist entrepreneurs to access finance from Banks, arrange seed capital for the business and handhold them in growing their enterprise. A Lakhpati Didi can take support from the CRP-EP in furthering her business or enterprise.

One Stop Facility (OSF)- One Stop Facility is a business facilitation-cum-incubation centers at the block level to provide business development services to existing nano-enterprises on a growth track. Each block selected for support under the OSF will support a minimum of 150 enterprises during the project period. The scale of finance for Individual enterprises is Rs. 2.5 Lakh and for group Enterprises is Rs. 5 Lakh with 10% entrepreneur contribution. The source of financing for these enterprises will be from combination of four sources, i.e. CIF, CEF, undrawn Bank credit at SHG level and loans from formal financial institutions.

Micro Enterprise Development (MED): The Micro Enterprise Development scheme has the objective to support SHGs and their family member’s enterprises in the non-farm sector. This scheme is planned in such a way that the necessary hand-holding and post enterprise grounding support to entrepreneurs shall be provided and financing part will be mobilized from CIF provided under NRLM and Banks/financial institutions. Financial Inclusion teams in State Rural Livelihood Missions (SRLMs) at States shall actively participate and support in linking the selected MED entrepreneurs with Banks/financial institutions.

Two types of clusters are promoted under DAY-NRLM- Artisan clusters (handloom and handicrafts) and Sectoral clusters (food service, tourism, nutrition etc.) Soft interventions including design development, quality assurance, enterprise creation, market development, financing, technology upgradation, skilling, promoting responsible business interventions, strengthening the local ecosystem including development of collective enterprises, and hard interventions like creation of Common Facility Centers (CFCs) / Common Production Centers (CPCs) are supported under the initiative. Each cluster has a potential of engaging at least 100 micro enterprises over the period of intervention.

Provision of Rs. 5 crore per cluster for setting-up and operationalizing clusters has been made. SRLM/Technical Support Agencies may leverage additional funds through convergence with existing government schemes such as Scheme of Fund for Regeneration of Traditional Industries (SFURTI) and those of the Development Commissioner (Handicrafts) and Development Commissioner (Handloom).