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Maharashtra BMC Aspirational Women Empowerment Scheme 2024

There are various Self-Help Groups (SHGs) across India. Basically these are small groups of people mainly women who live in rural areas and they gather to save money and provide loans to each other. The Government of Maharashtra has decided to launch Maharashtra BMC Aspirational Women Empowerment Scheme 2024 under which the government will provide financial assistance of Rs. 1 Lakh to all Self-Help Groups across Maharashtra State. This article presents detailed information about the Program, covering its Key Highlights, Objectives, Benefits & Features, Eligibility Criteria, Selection of Beneficiary under this Program, etc.



Maharashtra BMC Aspirational Women Empowerment Scheme 2024

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Maharashtra BMC Aspirational Women Empowerment Scheme 2024

The respected Chief Minister of Maharashtra State Mr. Eknath Shinde has launched the Brihanmumbai Municipal Corporation’s Aspirational Women Empowerment Scheme under which the state government will provide financial assistance of Rs. 1 Lakh to all the Self-Help Group (SHG) for repaying loans which was taken under different government schemes. This scheme will uplift the social status and standard of living of female citizens. This scheme was announced on Friday, 15th March 2024 with the total budget of Rs. 60 Crores to encourage self-employment among women. The beneficiaries who have borrowed Rs. 10,000 and Rs. 20,000 under MUDRA or SvaNidhi Scheme will receive the financial assistance of Rs. 2,000 and Rs. 4,000 respectively. Today, 70,000 women benefited from this scheme.

Key Highlights of Maharashtra BMC Aspirational Women Empowerment Scheme

Name of the SchemeMaharashtra BMC Aspirational Women Empowerment Scheme
Launched ByChief Minister of Maharashtra State Mr. Eknath Shinde
Launched DateFriday, 15th March 2024
StateMaharashtra
BeneficiariesWomen working in Self-Help Groups (SHGs)
BenefitsWill get the financial assistance
ObjectiveTo provide financial assistance to repay loan
Year2024
Mode of RegistrationAutomatic
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Maharashtra BMC Aspirational Women Empowerment Scheme 2024 Objectives

Objectives of BMC Aspirational Women Empowerment Scheme are as follows:

  • The primary objective of launching Brihanmumbai Municipal Corporation’s Aspirational Women Empowerment Scheme is to provide financial assistance for repaying loans.
  • The aim of the scheme is to provide livelihood opportunities for women working in Self-Help Groups (SHGs).
  • This scheme aims to uplift the social status and standard of living of female citizens.
  • The government will provide financial assistance of Rs. 1 Lakh to all Self-Help Groups across Maharashtra State.

Maharashtra BMC Aspirational Women Empowerment Scheme Features & Benefits

Some of the Features & Benefits of Maharashtra BMC Aspirational Women Empowerment Scheme are as follows:

  • The scheme is created for the women of the state to provide them a financial assistance to become independent.
  • The government will provide financial assistance of Rs. 1 Lakh to all Self-Help Groups across Maharashtra State.
  • This scheme was announced with the total budget of Rs. 60 Crores to encourage self-employment among women.
  • The beneficiaries who have borrowed Rs. 10,000 and Rs. 20,000 under MUDRA or SvaNidhi Scheme will receive the financial assistance of Rs. 2,000 and Rs. 4,000 respectively.
  • Government has announced that BMC is the country’s first municipal corporation to offer Rs. 1 Lakh assistance to SHGs.
  • Women in the state have the opportunity to improve their economic circumstances.

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Eligibility Criteria

To be a part of Maharashtra BMC Aspirational Women Empowerment Scheme, you should fulfil these eligibility criteria:

  • Candidate should be a permanent citizen of Maharashtra State.
  • Applicant must be a part of Self-Help Group.
  • Applicant must be a female citizen.
  • Age of the applicant should be 18 years old or above.

Required Documents

To avail the benefit under Maharashtra BMC Aspirational Women Empowerment Scheme, candidates should have these following documents:

  • Aadhar Card
  • Domicile Certificate
  • Identity Proof
  • Registration Certificate of SHGs
  • Members Details
  • Office Address of SHGs
  • Bank Account Details
  • Passport Size Photograph
  • Mobile Number
  • Email ID

Date of Announcement

The Maharashtra BMC Aspirational Women Empowerment Scheme was announced on Friday, 15th March 2024.

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Selection Procedure

  • Selection is based upon the eligibility criteria.
  • Applicant must have all the required documents to avail the benefit under Maharashtra BMC Aspirational Women Empowerment Scheme.
  • Applicant must be a permanent resident of Maharashtra State.
  • Only female citizens of Maharashtra state will get the selection under BMC Aspirational Women Empowerment Scheme.
FAQ, s
What is the key objective of Maharashtra BMC Aspirational Women Empowerment Scheme?

The primary objective of launching Brihanmumbai Municipal Corporation’s Aspirational Women Empowerment Scheme is to provide financial assistance to women for repaying loans which was taken under different government schemes.

What is the benefit of Maharashtra BMC Aspirational Women Empowerment Scheme?

The government will provide financial assistance of Rs. 1 Lakh to all Self-Help Groups across Maharashtra State and the beneficiaries who have borrowed Rs. 10,000 and Rs. 20,000 under MUDRA or SvaNidhi Scheme will receive the financial assistance of Rs. 2,000 and Rs. 4,000 respectively.

Who is eligible for Maharashtra BMC Aspirational Women Empowerment Scheme 2024?

The permanent resident of Maharashtra State who are female and the age should be 18 years old or above are eligible for Maharashtra BMC Aspirational Women Empowerment Scheme.

Who launched the Maharashtra BMC Aspirational Women Empowerment Scheme?

The respected Chief Minister of Maharashtra State Mr. Eknath Shinde has launched the Brihanmumbai Municipal Corporation’s Aspirational Women Empowerment Scheme.

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