On August 25, 2024, Prime Minister Narendra Modi is scheduled to visit Jalgaon, Maharashtra, for a significant event aimed at celebrating and promoting women's economic empowerment. The occasion, known as the 'Lakhpati Didi Sammelan', will mark a major milestone in recognizing the achievements of women who have made substantial strides in entrepreneurial activities.

Celebrating Women Entrepreneurs

During this event, Modi will distribute certificates to an impressive 11 lakh women, acknowledging their achievement of becoming 'Lakhpati Didis'—a term used for women who have amassed a net worth of one lakh rupees through their entrepreneurial endeavors. This recognition not only celebrates individual success but also highlights the broader impact of women's participation in economic activities.

Funding Initiatives and Support

In addition to honoring these women, the Prime Minister will launch a substantial Rs. 2,500 crore Revolving Fund, designed to further support women in their business ventures. This fund aims to provide financial resources to bolster their entrepreneurial efforts and ensure sustainable growth.

Moreover, Modi will announce the disbursement of Rs. 5,000 crore in bank loans to support women-led Self-Help Groups (SHGs). This significant financial support is intended to empower these groups, enhancing their capacity to engage in and benefit from various economic activities. By facilitating access to these funds, the government aims to foster a more inclusive and supportive environment for women's entrepreneurship.

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Engaging with a Wide Audience

The Lakhpati Didi Sammelan will see Modi interacting with participants from about 30,000 locations across 34 states and Union Territories, both in person and virtually. This extensive reach underscores the government's commitment to women's financial independence and empowerment on a national scale. By connecting with a diverse and widespread audience, the event will emphasize the importance of inclusive economic growth and the role of women in driving it.

Government's Commitment to Women's Empowerment

This event aligns with the broader objectives of the government to enhance women's economic participation and ensure that they have the resources and support necessary to succeed. The initiatives announced during this event reflect a focused effort to address the barriers faced by women in accessing financial resources and to provide them with the tools needed for sustained economic success.

Prime Minister Modi's visit to Jalgaon and the associated announcements are poised to make a significant impact on the lives of many women, furthering the cause of economic empowerment and fostering a supportive ecosystem for women entrepreneurs. This initiative not only celebrates individual achievements but also sets a precedent for future efforts aimed at promoting financial independence and economic growth among women.

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