Karnataka releases Rs 7,405 crore in Gruha Lakshmi funds
The state government has released three instalments of the scheme at once, bringing the total amount credited to beneficiaries to Rs 86,838.36 crore.
The Karnataka government has released Rs 7,405.86 crore under the Gruha Lakshmi scheme to cover three instalments simultaneously, according to a report by Deccan Herald.
The released funds include the 34th instalment of Rs 2,500 crore, the 35th instalment of Rs 2,452.93 crore, and the 36th instalment of Rs 2,452.93 crore.
A total of 33 instalments have been credited to the accounts of beneficiaries under the scheme until now.
Karnataka Guarantee Schemes Implementation Authority vice-chairperson Dinesh Gooligowda said that Rs 86,838.36 crore of Gruha Lakshmi money would have reached 1.24 crore women in the state.
Gooligowda added that each beneficiary will have received Rs 72,000.