Lakshmi Yojana in Delhi: What are the two options for receiving monthly ₹2500 assistance? Eligibility, norms and more

The Delhi government approved the Lakshmi Yojana, providing eligible women aged 21-60 a monthly ₹2,500 assistance.

An online application portal for the scheme will launch on August 1, with first payment expected around Raksha Bandhan.

Eligibility requires annual family income up to ₹2.50 lakh, excludes households with more than three children, electricity consumption over 2,400 units, government employees, income taxpayers, four-wheeler owners, and those getting other financial assistance or pensions.

Beneficiaries can choose between two payment options: one with ₹1,500 deposited into an RD/FD account and ₹1,000 into a CBDC Digital Rupee Wallet, and the second mode options.

The amount in the CBDC Digital Rupee Wallet can only be used for purchases permitted by the government under a negative list, as stated by Chief Minister Rekha Gupta.