Mukhyamantri Majhi Ladki Bahin Yojana: Key Updates on Budget Allocation

The Mukhyamantri Majhi Ladki Bahin Yojana aims to enhance women's financial stability in Maharashtra, with a proposed budget of ₹36,000 crore for 2025-26, and reiterates no direct cash transfer of ₹2100 to beneficiaries.

  • Mukhyamantri Majhi Ladki Bahin Yojana allocates a budget of ₹36,000 crore for 2025-26.
  • Around 2.53 crore women beneficiaries will start receiving financial assistance from July 2024.
  • No direct cash transfer of ₹2100 per beneficiary as previously suggested by the Chief Minister.

Mukhyamantri Majhi Ladki Bahin Yojana is a significant scheme aimed at improving the financial condition of women in Maharashtra. The Deputy Chief Minister and Finance Minister, Ajit Pawar, presented the state budget highlighting this scheme, which provides substantial support for approximately 2.53 crore women.

Starting from July 2024, these beneficiaries will receive financial benefits aided by an allocation of ₹33,232 crore from the current budget. For the financial year 2025-26, a substantial amount of ₹36,000 crore has been earmarked for this beneficial scheme, ensuring ongoing support for women.

Understanding the Allocation and Benefits

The funds allocated to the Mukhyamantri Majhi Ladki Bahin Yojana have already demonstrated a significant impact, with over ₹23,232 crore invested thus far and assisting approximately 2.53 crore women. This scheme has empowered women’s groups by providing seed capital for various economic ventures. To enhance this initiative further, the government is considering special support programs for these women-led groups.

No Direct Cash Transfer of ₹2100

Amidst expectations for a cash transfer of ₹2100 to each beneficiary, it was clarified that such financial support will not be provided in the upcoming budget. While the Chief Minister previously hinted at this direct financial aid, the current budget confirms that no new provisions for this cash disbursement have been allocated for 2025-26.

Statements from Women and Child Development Minister

Minister Aditi Tatkare emphasized that there has been no official declaration regarding the ₹2100 cash aid during the budget presentation. The budget statement is prepared for a duration of five years, and it appears there are currently no plans to introduce such a measure. Future proposals will be discussed among the state government officials, including the Chief Minister and relevant ministers.

Related Initiative: Lek Ladki Yojana

The “Lek Ladki” scheme also supports women’s empowerment, with initiatives that have reached over 1.13 lakh beneficiaries. For the upcoming budget, ₹50.55 crore has been set aside to cover full educational fees, including examination costs for eligible girls. This allows girls from families with an annual income below ₹8 lakh to benefit significantly from their educational pursuits.

Overall, these programs signify the Maharashtra government’s commitment to empowering women and enhancing their economic prospects. Beneficiaries are encouraged to stay informed about further developments and potential additional benefits as the state continues to evolve these initiatives.

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