Why in news? Chief Minister Basavaraj Bommai launched the “Sthree Samarthya Namo Sthree” scheme by directly transferring ₹100 crore to the beneficiary women self-help groups on the occasion of International Women’s Day.

Highlights:

• This is the first part of the special community capital fund of ₹500 crore, which he had announced in the 2022-23 State budget. The remaining amount will be released in coming weeks before commencing the activities of women self-help groups in April under the National Rural Livelihood Mission.
• Under the scheme, ₹500 crore will be distributed to 50,000 self-help groups at ₹1 lakh each. Now, ₹100 crore has been provided to 9,890 self-help groups (₹1 lakh each) and 44 production units which include 11 canteens, 9 sanitary pad units, 24 toffee production units among others (₹2.5 lakhs each)
• Karnataka Digital Economy Mission (KDEM) aims to create jobs for five lakh women by 2026. To empower women workforce, KDEM has signed seven MoUs with industries to provide upgrade their skills.