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Lakhimi Baruah

Lakhimi Baruah

(Women’s Empowerment)

About Lakhimi Baruah

  • Lakhimi Baruah was named as one of the recipients of Padma Shri awards for 2021 in recognition of her efforts to financially empower Assamese women.

Social Work

  • She founded Konoklota Mahila Urban Cooperative Bank (KMUCB) in 1998 with the vision to provide underprivileged women with self-employment opportunities, encourage thrift, and educate on financial independence.
  • Despite having no specialised knowledge of banking, she applied to the Reserve Bank of India in 1990 to set up a cooperative bank for women.
    • The approval came in 1998 and the bank was set up two years later in Jorhat with an initial investment of ₹8.45 lakh and 1,500 women members.
  • The bank employs only women and now has four branches, 21 regular employees, and 45,000 account holders, mostly women.
    • Women can open accounts in the bank with zero balance or as low as ₹20.
  • For the exceptional work rendered to society, KMUCB received the Nari Shakti Award in 2016.
Ratan Tata

Ratan Tata

(Philanthropy and Social Welfare)
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Nadia Murad

Nadia Murad

(Human Rights)
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Denis Mukwege

Denis Mukwege

(Human Rights)
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