Manipur targets 1 lakh Lakhpati Didis by 2029 at SARAS fair

Representative image: VinnyCiro / Pixabay
Opening the 18th SARAS Aajeevika Mela in Imphal on October 27, 2026, Manipur's chief minister said the state has 26,000 Lakhpati Didis and aims for one lakh by 2029.
What Happened
Manipur Chief Minister Yumnam Khemchand Singh opened the 18th SARAS Aajeevika Mela, a fair of products made by women's self-help groups, at the City Convention Centre in Imphal on Tuesday, October 27, 2026. He said the state now has about 26,000 "Lakhpati Didis", women in self-help groups whose households earn at least Rs 1 lakh a year, and that the government aims to raise that number to one lakh by 2029. The fair runs until November 6.
Key Facts
- Event: the 18th SARAS Aajeevika Mela 2026, held at the City Convention Centre, Imphal.
- Dates: opened on October 27, 2026; runs until November 6.
- Purpose: to showcase and sell products made by women-led self-help groups (SHGs).
- Current number: about 26,000 Lakhpati Didis in Manipur, according to the chief minister.
- Target: one lakh Lakhpati Didis in the state by 2029.
- Loan repayment: the chief minister said the default rate on SHG loans in Manipur is about 2%, against a national average of about 5%.
- Banks: he said banks will be essential to reaching the target.
- Deputy Chief Minister Nemcha Kipgen joined the opening by video conference and called SARAS a flagship market-promotion initiative.
Why It Matters
A self-help group is a small group of women, usually from the same village or neighbourhood, who save together, lend to each other and take bank loans as a group. Over the years these groups have become one of the main routes by which rural women start small businesses: weaving, food processing, poultry, tailoring or running a shop. The term "Lakhpati Didi" is the government's label for a member whose household earns at least Rs 1 lakh a year on a lasting basis. It is meant as a simple test of whether the groups are turning savings into real income.
Manipur's target means almost quadrupling the number of such women in about three years. That is a large step, and the chief minister's own remarks point to the hardest part: credit. Women need loans to buy looms, raw material or equipment, and banks decide how much they will lend partly on past repayment. The figure he cited, a default rate of about 2% in Manipur against a national average of about 5%, is the case he is making to banks that the state's women borrowers are reliable and deserve more credit.
The fairs matter too. Making a product is only half of a business; selling it at a fair price is the other half. SARAS fairs give rural producers a place to sell directly to city buyers and to meet traders, which can lead to repeat orders. The chief minister also pointed to Imphal's Ima Market, which is run entirely by women traders, as an example of how central women already are to Manipur's economy.
| Indicator | Figure |
|---|---|
| Lakhpati Didis in Manipur now | about 26,000 |
| Target by 2029 | 1,00,000 |
| SHG loan default rate, Manipur | about 2% |
| SHG loan default rate, national average | about 5% |
| SARAS fair dates | October 27 to November 6, 2026 |
For women in the state, the target is also a measure the public can hold the government to. The coming years will show whether the extra credit and market access arrive at the pace needed.
Impact
Short-term: Women's self-help groups from across Manipur get eleven days to sell handloom, handicraft and food products directly to buyers in Imphal, and a chance to find new trade contacts.
Long-term: If banks lend more to the groups and markets for their products grow, more women could cross the Rs 1 lakh household income mark. If credit stays tight, the 2029 target will be hard to reach.
Who is affected: Women members of self-help groups in Manipur and their families; banks lending to SHGs in the state; buyers and traders of local handloom and food products; and state agencies that run the livelihood programme.
Key Takeaway
Manipur has about 26,000 Lakhpati Didis and aims for one lakh by 2029, the chief minister said on October 27, 2026, pointing to women borrowers' low loan default rate as a reason for banks to lend more.
Questions and Answers
What is a Lakhpati Didi?
A Lakhpati Didi is a woman member of a self-help group whose household earns at least Rs 1 lakh a year on a sustainable basis. The label is used by the government to track how many women's groups are turning savings and loans into steady income.
How many Lakhpati Didis does Manipur have?
Chief Minister Yumnam Khemchand Singh said on October 27, 2026, that Manipur has about 26,000 Lakhpati Didis and aims to reach one lakh by 2029.
When and where is the SARAS Aajeevika Mela in Imphal?
The 18th SARAS Aajeevika Mela opened on October 27, 2026, at the City Convention Centre in Imphal and runs until November 6.
Why did the chief minister mention loan default rates?
He said the default rate on self-help group loans in Manipur is about 2%, compared with a national average of about 5%, to argue that banks can safely lend more to women's groups in the state.
Disclaimer: Prepared by the Peepals newsroom from publicly available sources with AI assistance. Information is accurate to the best of our knowledge at the time of publication and may change. Images may be representative. Not professional advice. Report an error via our contact page.
By Priya Nair, Leadership & Growth EditorCovers Leadership & Growth and more for Peepals Shakti. All stories by Priya Nair
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Priya Nair is a pen name of the Peepals Global Editorial Team, which researches, fact-checks and publishes every story. The portrait is an illustration.









