In which year was Lakhimi Baruah awarded the Padma Shri for social work?

Correct option is A

Correct Answer: A (2021)

Explanation:

• Lakhimi Baruah, a social worker from Assam, was awarded the Padma Shri in 2021 for her outstanding contributions to social work.
• She is the founder of the Kanaklata Mahila Urban Cooperative Bank, which aims to empower women, especially from underprivileged backgrounds, by providing them with financial independence through access to banking services.
• Her work has significantly impacted rural women in Assam by promoting financial literacy and entrepreneurship among them. The recognition of her efforts with the Padma Shri reflects her dedication to improving the socioeconomic status of women.

Information Booster:

•  The Padma Shri is the fourth highest civilian award in India, instituted in 1954.
  
• Lakhimi Baruah started the Kanaklata Mahila Urban Cooperative Bank in 1998.
  
•  The bank was named after Kanaklata Barua, a freedom fighter from Assam.
  
• Baruah's initiatives focused on empowering women by offering small loans to support their businesses and personal needs.
  
•  The Padma Awards are announced annually on the eve of Republic Day.

Her recognition brought attention to the importance of grassroots banking and financial inclusion in India.