City
Epaper

Govt rolls out electric bicycles to accelerate Lakhpati Didi scheme

By IANS | Updated: July 5, 2024 19:05 IST

New Delhi, July 5 The Ministry of Rural Development on Friday signed an MoU with Convergence Energy Services ...

Open in App

New Delhi, July 5 The Ministry of Rural Development on Friday signed an MoU with Convergence Energy Services Limited to empower rural women self-help groups by providing them with electric bicycles in order to give them access to green mobility.

The MoU was signed by Joint Secretary, of Rural Livelihoods from MoRD Smriti Sharan and MD & CEO, of Convergence Energy Services Limited Vishal Kapoor in the presence of Secretary, of Rural Development Shailesh Kumar Singh.

Shailesh Kumar Singh said that this partnership of Green Mobility will further support the economic and social empowerment of rural women and accelerate enabling of Lakhpati Didis in line with Prime Minister Narendra Modi’s vision.

Smriti Sharan stated that this partnership with EESL will prove to be a boon to the SHG women in rural entrepreneurship with green wheels.

Vishal Kapoor said through this intervention CESL is keen to support the government’s initiative of enabling three crore Lakhpati Didis in rural areas, reflecting its commitment towards women empowerment and national green objectives.

The project aims to build livelihood opportunities, independence and prosperity amongst SHG women, elevating their socio-economic standing. Additionally, the project intends to keep rural mobility congestion-free thereby contributing towards decarbonisation of the last-mile mobility space.

Convergence Energy Services Limited (CESL) is a subsidiary of state-owned Energy Efficiency Services Limited, a joint venture of public sector companies under the Ministry of Power. CESL is focused on energy solutions that lie at the confluence of renewable energy, electric mobility and climate change.

The electric bicycles are being provided under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) and is called the Sustainable Transport for Rural Entrepreneurs through Electric Bicycles” (STREE) for Self Help Group (SHG) Women.

STREE intends to empower the rural economy, especially the rural women by providing them access to green mobility through the introduction of electric bicycles.

DAY- NRLM is focusing on promoting SHG women-led enterprises with diversified opportunities in the manufacturing and service sectors covering the farm and non-farm domains.

Since its launch, DAY-NRLM has helped create the largest platform for social inclusion, access to financial services and women’s economic empowerment.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketIt's part of game, can understand: Rahul reflects on Gill's fiery exchange with Crawley

Cricket"He was in lot of pain gripping the bat": KL Rahul on Rishabh Pant's finger injury

Other SportsNeeraj Chopra to face gold medallist Arshad Nadeem in Silesia Diamond League next month

InternationalUnion Minister Hardeep Singh Puri concludes "fruitful, productive" visit to Iceland

InternationalLavrov meets Kim Jong Un as North Korea backs Russia in Ukraine war

Business Realted Stories

BusinessBillionaires gather in Sun Valley in US for Allen & Co.'s annual conference

BusinessAssam CM inaugurates nation's first ever Aqua Tech Park at Bagibari Sonapur

BusinessDonald Trump announces 30% import tariffs on EU and Mexico over trade and border issues

BusinessIndia Poised to Become Global Air Cargo Hub - ACFI & ASCELA Insights Chart Roadmap for 2030 in its Knowledge Paper

BusinessOne World Fusion 2025: A Musical Evening for a Cause by Abhijeeth Bhattacharjee Prodyut Mukherjee Sangitanjaly Foundation