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Business

Delhi Lakshmi Yojana: Eligible women to receive pension letters from 26 August — here’s when ₹2,500 aid will be credited

LiveMint - Money ·
Delhi Lakshmi Yojana: Eligible women to receive pension letters from 26 August — here’s when ₹2,500 aid will be credited

The process of providing financial assistance to eligible women under the Delhi government's Delhi Lakshmi Yojana is set to begin, with beneficiaries scheduled to start receiving their official pension letters from August 26, Chief Minister Rekha Gupta said on Tuesday.

The Delhi government will hold an event at Talkatora Stadium on August 26, 2026 to distribute the pension letters.

Meanwhile, district-level committees have been directed to speed up the verification process of applications so that eligible women can receive the benefits of the scheme without any unnecessary delay.

“The faster the verification process is completed, the sooner the cases will be disposed of, and the process of disbursing pensions to eligible women will also be expedited,” CM Gupta said at a Delhi Secretariat meeting, where she reviewed the progress of the scheme.

The Delhi Lakshmi Yojana , which came into effect on August 1, provides ₹ 2,500 a month to eligible women from low-income families in Delhi.

The monthly financial assistance under the scheme will be credited to the beneficiaries' bank accounts from September 1, CM Gupta noted.

She also said that the government would soon introduce a facility on the scheme's portal through which eligible women who have entered incorrect or incomplete information in their applications will be able to make corrections.

The ₹ 2,500 monthly assistance under the scheme will not necessarily be available entirely as unrestricted monthly cash.

By default, ₹ 1,500 of the scheme money will be deposited into a recurring deposit (RD) or fixed deposit (FD) account, with a lock-in period until July 31, 2029. The remaining sum will go into the beneficiary's bank account linked with a Central Bank Digital Currency ( CBDC ) wallet for daily needs.

The CBDC wallet will have spending restrictions on items and services on the government's negative list, including alcoholic beverages, tobacco products, narcotic drugs and psychotropic substances, lottery tickets, gambling and betting.

Alternatively, beneficiaries can also choose to have the entire ₹ 2,500 monthly assistance credited to an RD or FD account, with the amount also locked in until July 31, 2029.

The scheme is open to women aged 21 to 60 years who meet certain eligibility conditions. The applicant must:

Applications for the scheme will remain open throughout the year through the Delhi Lakshmi Yojana portal.

The last day of every month will be treated as the cut-off date for applications received during that month, with eligible applications considered for benefits from the subsequent month, subject to approval. (With inputs from ANI)

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