Ladli bahana scheme played important role in victory in Madhya Pradesh, know from SBI report

Madhya Pradesh Government’s Ladli Brahmin Yojana is discussed not only in the state but in the entire country. Since the arrival of the new Chief Minister, there is a dilemma among the women that this scheme can be stopped, the worry of which is troubling the women of the state. This scheme is very popular, there will be pressure on the new Chief Minister to continue it. Amidst the dilemma of continuation and closure of this scheme, State Bank of India has shared a new report.

A special research report released by the Economic Department of the State Bank of India has analyzed the Ladli Brahmin Yojana of the Madhya Pradesh Government. Regarding this scheme, it has been said in the report that this scheme is engaged in empowering women by breaking many traditional boundaries. Analysis of the Ladli Behna Scheme Report “Women’s economic empowerment is a sine qua non for development: How the Ladli Behna Scheme crossed boundaries in Madhya Pradesh”. Many aspects of women empowerment have been examined in this analysis. His role has been noted.

Let us inform that on January 28, 2023, the Government of Madhya Pradesh had announced the implementation of “Mukhyamantri Laadli Brahmin Yojana” for the economic independence of women in the state, which was to increase the low participation of women in the labor force. Under this scheme, every eligible woman gets a payment of Rs 1,250 (earlier: Rs 1000) per month into her Aadhaar linked DBT enabled bank account. This means an annual amount of Rs 15,000 will be deposited into the bank accounts of eligible women aged 21-60 years. The research report says that this amount will gradually increase to Rs 3000 per month.

The implementation of this scheme will not only see improvement in the health and nutritional status of women and their dependent children, but women will also become more financially independent than before to spend as per their preferences. Along with being self-employed, women will generate means of livelihood by using available resources. Their ability to take decisions at the family level will also increase.

The SBI report states that currently the total eligible women are 1.25 crore. It said the government has disbursed Rs 2,418 crore under the scheme and it is expected to increase further. The SBI report said that the Laadli Brahmin scheme significantly increased the turnout by women voters in the 2023 assembly elections. Due to Laadli Brahmin, significant success rate has been achieved district wise in elections in entire Madhya Pradesh. At the same time, almost three out of four marginalized women have voted for the existing party.

Panna, Vidisha and Damoh, the three districts with highest level of women empowerment of marginalized women through Ladli Behna Yojana, have resulted in victory in all the constituencies of the district. The report said that marginalized women have won at least 50% of the constituencies except Balaghat, which is among the top 10 districts with the highest level of women empowerment through the Ladli Behna scheme. The SBI report said that women voters will overtake men from 2029 onwards and will become almost equal in 2024.

According to the report, at the current rate of voting in 2024, the total voter turnout could be up to 68 crore, of which women voters are estimated to be 33 crore/49%. We estimate that at the current rate of voting, total voter turnout could reach 73 crore in 2029. Crores, out of which 37 crore women voters can overtake 36 crore/>50% of registered male voters… The inflection point will be proof of women getting their fair share on socio-economic fronts.

This report of SBI states that beyond Laadli Brahmin, the economy of Madhya Pradesh has performed well in the last decade. If the report is to be believed, the decadal growth of credit in Madhya Pradesh (FY23-FY13) is higher than the all-India growth in agriculture, industry as well as retail sectors, with farm credit in MP higher than overall India’s agricultural credit by 5.4% in FY23. There is a stake. Additionally, despite having a smaller base, the decadal growth of exports in MP is higher than that of India as a whole (2x during FY 2013-23, while overall India’s exports grew by 1.5x).

Empowerment and protection of women and children who constitute 67.7% of India’s population, the SBI report said. Ensuring their holistic development in a safe environment is critical to achieving sustainable and equitable development of the country and transformative economic and social transformation.

It said that women’s participation is increasing in all government sponsored schemes. Women’s share in Stand-up India is 81%, 68% in Mudra Loans, 37% in PMSBY and 27% in PMJJBY.