The new scheme in the Andhra Pradesh government is the Aadabidda Nidhi Scheme 2024, targeted towards women. Launched by Chief Minister N. Chandrababu Naidu, the scheme promised to provide a sum of ₹1,500 for those belonging to the age bracket 18-59. This sum has empowered the women in the state to move forward towards economic independence and thus bridge the economic gap between the rich and the poor.
It is supposed to benefit more than 1.5 crore women of Andhra Pradesh who are likely to receive the total annual handout of ₹18,000. The application process is simple and entirely free. Women need to provide basic documents such as Aadhaar card, address proof, and bank details at the time of applying. The scheme was first envisaged by TDP as part of its six-guarantee program, which included free transport, health care, and education. The predictable income brought by the Aadabidda Nidhi Scheme helps women in managing daily expenditures and increasing living standards.
Overview Table Aadabidda Nidhi Scheme
| Category | Details |
|---|---|
| Scheme Name | Aadabidda Nidhi Scheme 2024 |
| Launched By | Chief Minister N. Chandrababu Naidu |
| Objective | Empowering women and promoting self-reliance |
| Financial Assistance | ₹1,500 per month |
| Eligibility | Women aged 18 to 59 |
| Total Beneficiaries | Over 1.5 crore women |
| Annual Support | ₹18,000 per year |
| Application Process | Online |
| Required Documents | Aadhaar card, address proof, bank details |
| Part of Initiative | TDP’s six-guarantee initiative, including transportation, healthcare, and education |
Benefits of Aadabidda Nidhi Scheme 2024
- Economic Support: The amount provided is ₹1,500 per month, which will support women during day to day necessities in life.
- Empowerment: It empowers women, promoting self-dependency and supporting financial freedom.
- Economic Security: It frees women from pressure and provides them with a regular income.
- Daily Basic Support: Women can manage to spend the money on daily expenses and qualify to live a better quality of life.
- Beneficiaries: As many as 1.5 crore-plus women across all districts in Andhra Pradesh are availing of the Aadabidda Nidhi Scheme.
- Yearly Support: Providing a sum of ₹18,000 annually to the beneficiary.
- Empowerment Enabling: Focus on women empowerment through the development of economic activities.
- Equality Eradication: It aims at minimizing the existing economic gaps among women.
- Incomes-from Livelihood: Providing sustainable sources of income in the form of credits.
- Government Aid: Part of a larger effort to support women’s economic and social development.
Eligibility Criteria for Aadabidda Nidhi Scheme 2024
- Age: Women aged 18 to 59 years.
- Residence: Must be a resident of Andhra Pradesh.
- Documentation: Need to have a valid Aadhaar card.
- Bank Details: Must provide bank account details for direct fund transfer.
- Income