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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.

Nadia Murad
Nadia Murad
(Human Rights)
Denis Mukwege
Denis Mukwege
(Human Rights)
Abiy Ahmed Ali
Abiy Ahmed Ali
(Peacebuilding)
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