The Delhi government has kept the maturity period of recurring deposits (RDs) under the recently launched women monthly aid scheme – Delhi Lakshmi Yojana – open to revision, allowing the council of ministers to change the current deadline of July 31, 2029, following a review after two years, according to official documents.
“The clause to alter the maturity date of the RD has been kept since this is the first time the scheme is being implemented. The provision also gives the government room to modify the financial assistance structure as the scheme progresses, while providing beneficiaries with a clearly defined initial deposit arrangement, the official added. This gives the government flexibility to revisit the deposit arrangements before the scheme’s initial three-year tenure ends, with the two-year review due in mid-2028. The scheme was initially approved for three years from its launch on August 1, 2026, according to an official notification from the Women and Child Development Department. Under the scheme, eligible women aged 21 to 60 will receive ₹ 2,500 a month from September 1, with the assistance structured under two options.
Because the scheme is being implemented for the first time and may require changes based on beneficiaries’ experiences, an official said the revision provision was included.
“The date of maturity of the RD can be subsequently changed by the Council of Ministers upon assessment and review of the scheme after two years from its launch date,” the notification said. If there are any glitches or any issues faced by the women, the council of ministers can review after a period of two years and take a decision,” the official said. Applicants without an Aadhaar card can still register for the scheme by submitting an Aadhaar enrolment slip, when available, along with an alternative identity document such as a PAN card, ration card, voter ID, passport or driving licence, according to the guidelines.
