65 pc SHG members turn into Lakhpati Didis as incomes triple: SBI report

New Delhi, March 12 (IANS) The Women’s Self-Help Group (SHG) schemes are turning out to be a huge success in the rural areas resulting in a tripling of incomes with 65 per cent SHG members turning into Lakhpati Didis nationwide, according to an SBI report released on Tuesday.

The report sees Lakhpati Didis emerging as a game changer by 2026-27 across most states & UTs.

Highlights of the report:

❑ Credit linkage, digital access and targeted policy measures, coupled with an unwavering sense of entrepreneurial spirit have ensured female SHG members accounts witnessing income tripling during FY19-FY24 (credits in accounts), with urban female members showing 4.6X increase while age group