Maharashtra CM Eknath Shinde announces Ladla Bhai Yojana after Majhi Ladki Bahin Yojana: How will it benefit you?

Maharashtra Chief Minister Eknath Shinde announced 'Ladla Bhai Yojana' for boys after launching 'Majhi Ladki Bahin Yojana' for girls ahead of the state assembly elections, scheduled to take place later this year.

Livemint
Updated17 Jul 2024, 02:56 PM IST
Maharashtra Chief Minister Eknath Shinde announced 'Ladla Bhai Yojana' for boys.
Maharashtra Chief Minister Eknath Shinde announced ’Ladla Bhai Yojana’ for boys.(Hindustan Times)

Maharashtra Chief Minister Eknath Shinde announced the 'Ladla Bhai Yojana' for boys in the state after announcing the 'Majhi Ladki Bahin Yojana' for girls. The latter aims to provide monthly financial assistance of 1,500 to eligible women.

Speaking in Maharashtra's Pandharpur on the occasion of Ashadhi Ekadashi, Shinde reportedly said the state government does not differentiate between boys and girls and that the 'Ladla Bhai Yojana' scheme will solve the unemployment issue.

What is Ladla Bhai Yojana and who will benefit?

The Ladla Bhai Yojana is for youths in Maharashtra who have passed the 12th grade. According to Jagran Josh, the stipend amount will vary based on the beneficiaries' qualifications, as stated by an official from the Department of Skills, Employment, Entrepreneurship, and Innovation.

Under this scheme, students who have completed their 12th grade will receive 6,000 per month. Meanwhile, students holding a diploma will receive 8,000 per month, while those who have graduated will be given 10,000 per month.

Also Read | Budget 2024: Govt may increase Rashtriya Krishi Vikas Yojana outlay by 10%

Besides, according to India TV, the youth will also be given an opportunity to undergo a one-year apprenticeship in a factory, "gaining valuable work experience that will help them secure jobs based on that experience".

As per the report, CM Shinde said that this scheme aims to prepare a skilled workforce. He emphasised that this is the first time in history that any government has introduced such a scheme, the Free Press Journal reported.

Shinde's announcement came just ahead of the upcoming Maharashtra Assembly elections later this year.

What is Majhi Ladki Bahin Yojana and who will benefit?

Under the Mukhyamantri Majhi Ladki Bahin Yojana, eligible women in the age group of 21 to 60 years will get a monthly allowance of 1,500.

The scheme is aimed at ensuring overall development and empowerment of women, including economic independence, self-reliance, health and nutrition.

Also Read | Sharad Pawar says MVA can win over 225 Maharashtra assembly seats

Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar announced while presenting the state budget that 46,000 crore will be made available every year for this scheme, which will be implemented in July.

(With inputs from agencies)

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:17 Jul 2024, 02:56 PM IST
Business NewsNewsIndiaMaharashtra CM Eknath Shinde announces Ladla Bhai Yojana after Majhi Ladki Bahin Yojana: How will it benefit you?

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Adani Power share price

    446.85
    03:57 PM | 25 NOV 2024
    -13.9 (-3.02%)

    Power Grid Corporation Of India share price

    342.85
    03:59 PM | 25 NOV 2024
    5.85 (1.74%)

    Tata Steel share price

    143.60
    03:58 PM | 25 NOV 2024
    0.8 (0.56%)

    State Bank Of India share price

    844.75
    03:53 PM | 25 NOV 2024
    28.7 (3.52%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Adani Green Energy share price

    967.65
    03:59 PM | 25 NOV 2024
    -84.75 (-8.05%)

    DCM Shriram share price

    1,182.00
    03:29 PM | 25 NOV 2024
    -69.65 (-5.56%)

    Vijaya Diagnostic Centre share price

    1,159.25
    03:29 PM | 25 NOV 2024
    -56.75 (-4.67%)

    Adani Energy Solutions share price

    624.85
    03:57 PM | 25 NOV 2024
    -24.55 (-3.78%)
    More from Top Losers

    Railtel Corporation Of India share price

    397.05
    03:47 PM | 25 NOV 2024
    32.15 (8.81%)

    Central Bank Of India share price

    56.89
    03:59 PM | 25 NOV 2024
    4.56 (8.71%)

    Emami share price

    693.05
    03:49 PM | 25 NOV 2024
    54.1 (8.47%)

    Sumitomo Chemical India share price

    554.35
    03:29 PM | 25 NOV 2024
    40.4 (7.86%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      79,645.000.00
      Chennai
      79,651.000.00
      Delhi
      79,803.000.00
      Kolkata
      79,655.000.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.90/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts