
Lakshmir Bhandar is a flagship welfare initiative launched by the West Bengal government in February 2021 to provide direct financial assistance to women from economically weaker households. The scheme aims to support women’s financial independence and strengthen household income by offering regular monthly support.
In the 2026–27 state budget, Finance Minister Chandrima Bhattacharya announced an increase of ₹500 in the monthly assistance under the scheme, further strengthening social security coverage for women across the state. The government has allocated ₹15,000 crore for the scheme this year, underlining its continued importance.
Under the revised structure effective this month, women belonging to Scheduled Caste (SC) and Scheduled Tribe (ST) households will receive ₹1,200 per month, while women from other eligible families will receive ₹1,000 per month.
The increase is expected to benefit millions of women who depend on the scheme for meeting essential household expenses. The monthly assistance helps beneficiaries manage daily needs, healthcare, and other basic requirements, offering financial relief especially in rural and low-income urban households.
Lakshmir Bhandar aims to promote women’s empowerment by ensuring a steady income source for women who may otherwise lack financial independence. By directly transferring funds to beneficiaries’ bank accounts, the scheme enhances financial inclusion and encourages women’s participation in household decision-making.
Also Read: West Bengal Yuva Sathi Scheme: What are the Eligibility Criteria to Get Scheme Benefits?
With the increased grant and continued government support, the Lakshmir Bhandar scheme remains a crucial social welfare initiative in West Bengal, helping women gain financial stability while supporting family livelihoods.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: Feb 10, 2026, 10:58 AM IST

Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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