Portal launching on August 1: Full timeline of the Delhi Lakshmi Yojana, which provides ₹2,500 per month to women..

Lakshmi Yojana Scheme: On Tuesday, the Delhi government approved its ambitious 'Delhi Lakshmi Yojana,' designed to provide financial assistance to women. The scheme was greenlit during a cabinet meeting chaired by Chief Minister Rekha Gupta. Under this scheme, eligible women will receive financial assistance of ₹2,500 per month. The government plans to launch the scheme's portal on August 1 and aims to release the first installment by Raksha Bandhan.

**Delhi Lakshmi Yojana: Full Timeline**

**July 28, 2026:** Approval of the scheme by the Delhi Cabinet and Chief Minister Rekha Gupta.

**August 1, 2026:** Launch of the official dedicated portal for the scheme, where applications will be accepted.

**Application and Verification:** Applications received after the portal's launch will undergo verification.

**Raksha Bandhan:** Following the completion of the verification process, the government expects to release the first installment into the beneficiaries' accounts by Raksha Bandhan.

**The ₹2,500 Breakdown: How will the money be received?**

According to the proposed rules, the ₹2,500 provided under the scheme is divided into two parts. ₹1,000 will be transferred directly to the women's bank accounts every month. The remaining ₹1,500 will be deposited monthly into a Recurring Deposit (RD) account.

**3-Year Lock-in Period**

The ₹1,500 deposited in the RD account will remain locked for three years. Upon completion of the three years, the entire accumulated amount, along with the accrued interest, will be transferred directly to the woman's bank account. This savings component has been included to encourage saving among women and to create financial security for them.

**What are the eligibility criteria for this scheme?**

The benefits of the scheme will be available only to women who meet the following eligibility criteria:

**10-Year Delhi Residency:** The applicant must be a resident of Delhi for at least 10 years.

**Age Limit:** Women in the family aged between 21 and 60 years will be eligible.

**One Woman Per Family:** Only one woman from each family will receive the benefit. If a family has more than one eligible woman, priority will be given to the eldest woman in the family.

Income Limit: The family's total annual income must be less than ₹2.5 lakh.

No Existing Pension: The applicant must not already be receiving any other government pension.

No Criminal Record: The applicant herself must not have a criminal record.

Which women are excluded from the scheme?

Government employees.
Income tax payers.
Pensioners (women receiving a pension).
Women (or their families) who own a four-wheeler.
Women whose family has any member with a criminal record.

Documents required for the scheme

Applicants must submit the following documents to prove their eligibility:

Aadhaar card
Voter ID card
Documents of family members
Self-Declaration: The applicant must provide an affidavit stating that she has been residing in Delhi for at least 10 years and that neither she nor her family has a criminal record.

Budget allocation of ₹5,110 crore

The Delhi government has allocated a substantial budget of approximately ₹5,110 crore for the smooth implementation and operation of the 'Delhi Lakshmi Yojana'.

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