The cash-strapped Kerala government is again trying its luck in the lottery business for raising resources to help underprivileged women.
The Cabinet on Wednesday decided to rename a weekly lottery scheme as Stree Sakthi (woman power) and to increase the ticket price from Rs 40 to Rs 50. The amount collected from the sale of the lottery tickets would be used for the welfare and rehabilitation of women, particularly the aged and the indisposed ones.
The entire collection from the lottery ticket sale would be handed over to the social security mission under the social welfare department. The first prize of the scheme would be Rs 65 lakh. The government hopes to mobilise Rs 100 crore in a year from the scheme.
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This is the second time the state government is dabbling in the lottery business to fund welfare schemes. In 2012, the government had introduced Karunya lottery scheme. The revenue from the scheme is used to meet medical bills of families whose annual income is below Rs 3 lakh.
According to government sources, this lottery scheme fetches a monthly revenue of Rs 20 crore for the government.