Kudumbashree Scheme

byPaytm Editorial TeamOctober 1, 2025
Kudumbashree is a poverty eradication and women empowerment program implemented by the State Poverty Eradication Mission (SPEM) of the Government of Kerala.

Meaning

This initiative focuses on empowering women through community-based organizations.

Definition

Kudumbashree, meaning ‘prosperity of the family,’ is a comprehensive participatory women-centric program. It aims to eradicate absolute poverty through organized Self-Help Groups (SHGs).

Objectives

Key objectives include poverty eradication, women empowerment, and local economic development. It promotes savings, micro-enterprises, and social development. For micro-enterprises, efficient transactions are key, often involving UPI payments.

Impact and Reach

The scheme has significantly impacted millions of women across Kerala, fostering financial independence and community leadership.

You May Also Like

e-GovernanceNovember 7, 2025

Meaning and Scope e-Governance leverages technology to enhance public service delivery and government operations.Definition e-Governance (electronic governance) refers…

Input Tax CreditNovember 10, 2025

Input Tax Credit (ITC) is a crucial mechanism under the Goods and Services Tax (GST) regime, allowing businesses…

Minimum BalanceLast Updated: November 14, 2025

Meaning Minimum Balance is the lowest amount of money that must be kept in a bank account to…