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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, covering three instalments in a single release, according to the Deccan Herald.

The release includes 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 beneficiaries' accounts under the scheme prior to this latest release.

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 stated that each beneficiary will have received Rs 72,000 through the scheme.

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