Indian government schemes that support and empower small women entrepreneurs

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Published August 24, 2024 at 6:14pm

    Govt schemes to support and empower small women entrepreneurs

    These schemes provide financial assistance and resources to women

    These schemes help women start and grow their small businesses

The Indian government has introduced several schemes to support and empower small women entrepreneurs across the country. These schemes aim to provide financial assistance, training, and resources to help women start and grow their businesses. Here are some of the key schemes:

1. Mudra Yojana

The Pradhan Mantri Mudra Yojana (PMMY) provides loans to non-corporate, non-farm small/micro enterprises. Women entrepreneurs can avail loans for upto Rs. 20 lakhs under this scheme to start or expand their businesses. No collateral is required, and loans can be used for a variety of purposes, including working capital and purchasing equipment.

Also read: From 50 to 7,000: India’s agricultural startups thrive under government initiatives

2. Stand-Up India Scheme

The Stand-Up India scheme is designed to promote entrepreneurship among women and SC/ST communities by providing loans to start new ventures. Loans range from ₹10 lakh to ₹1 crore. This scheme supports greenfield enterprises in manufacturing, services, or the trading sector.

3. Mahila Udyam Nidhi Scheme

This scheme, operated by the Small Industries Development Bank of India (SIDBI), offers financial assistance for up to ₹10 lakh to women entrepreneurs for setting up new projects in small-scale sectors.

4. Annapurna Scheme

Targeted at women entrepreneurs in the food catering business, this scheme provides financial assistance for up to Rs 50,000 to women looking to establish or expand their food-related business. The loan covers working capital needs such as the purchase of kitchen equipment and utensils. It has a flexible repayment tenure with a nominal interest rate.

5. Udyogini Scheme

The Udyogini Scheme focuses on offering financial assistance for up to Rs 3 lakh to women entrepreneurs in rural and underdeveloped areas to start small businesses.

These schemes are designed to foster entrepreneurship among women, providing them with the necessary support to succeed in various sectors.

Indian government schemes that support and empower small women entrepreneurs

https://newsfirstprime.com/wp-content/uploads/2024/08/women-entrepreneur-schemes-collage.jpg

    Govt schemes to support and empower small women entrepreneurs

    These schemes provide financial assistance and resources to women

    These schemes help women start and grow their small businesses

The Indian government has introduced several schemes to support and empower small women entrepreneurs across the country. These schemes aim to provide financial assistance, training, and resources to help women start and grow their businesses. Here are some of the key schemes:

1. Mudra Yojana

The Pradhan Mantri Mudra Yojana (PMMY) provides loans to non-corporate, non-farm small/micro enterprises. Women entrepreneurs can avail loans for upto Rs. 20 lakhs under this scheme to start or expand their businesses. No collateral is required, and loans can be used for a variety of purposes, including working capital and purchasing equipment.

Also read: From 50 to 7,000: India’s agricultural startups thrive under government initiatives

2. Stand-Up India Scheme

The Stand-Up India scheme is designed to promote entrepreneurship among women and SC/ST communities by providing loans to start new ventures. Loans range from ₹10 lakh to ₹1 crore. This scheme supports greenfield enterprises in manufacturing, services, or the trading sector.

3. Mahila Udyam Nidhi Scheme

This scheme, operated by the Small Industries Development Bank of India (SIDBI), offers financial assistance for up to ₹10 lakh to women entrepreneurs for setting up new projects in small-scale sectors.

4. Annapurna Scheme

Targeted at women entrepreneurs in the food catering business, this scheme provides financial assistance for up to Rs 50,000 to women looking to establish or expand their food-related business. The loan covers working capital needs such as the purchase of kitchen equipment and utensils. It has a flexible repayment tenure with a nominal interest rate.

5. Udyogini Scheme

The Udyogini Scheme focuses on offering financial assistance for up to Rs 3 lakh to women entrepreneurs in rural and underdeveloped areas to start small businesses.

These schemes are designed to foster entrepreneurship among women, providing them with the necessary support to succeed in various sectors.

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