Government Schemes for Women Entrepreneurs One of nation’s biggest assets – entrepreneurs. Their hardship and ideas contribute a lot to the growth of the country worldwide. Entrepreneurs are best at observing and analyzing the markets along with needs of the public and fill the shortcoming by providing the customer base with a satisfactory product and service leaving them out of worry.
Entrepreneurs – be it male or female or others are respected and cherished irrespective for their background, sex, caste or any other community factor. At the end of the day they find it satisfactory to work for the public and gain recognition from and for the country.
The government all over the world marks the importance of entrepreneurs and even takes initiative to fund deserving start ups. The government takes into account the credibility of entrepreneurs and provides them abundant support.
For a male dominating country like India it is obvious that the males have earned a lot of significance in the field and to say proudly even women today have entered into the profession and have presented outstanding results.
- While the percentage of women entrepreneurs in only 15% India the government takes into account and has sanctioned a lot of schemes for women entrepreneurs and bring them forward to show case their talent.
Let us learn about these government schemes for women entrepreneurs and how they can gain financial and mental benefit from it.
Government Schemes for Women Entrepreneurs
The government does not fall short in taking initiative to support women and standoff their own feet and providing wings to fly and making their name into the world. Government schemes for women entrepreneurs are-
Mudra Yojana
The Mudra Yojana Scheme, initiated by the Government of India, aims to improve the status of women in the country by providing business loans and supporting them to carry their business without depending on others for financial resources.
Annapurna Scheme
The Annapurna Scheme is specifically designed for women in the food catering industry who are still establishing small-scale businesses. The Indian government offers a number of programs to assist women who want to launch a business. One of them, the Annapurna plan, provides financial assistance is targeted at women in the food catering industry who are in the early stages of establishing their small-scale business. Government Schemes for Women Entrepreneurs specifically are offered loans up to Rs. 50,000 for opening and running business on a small scale to begin with.
Dena Shakti Scheme
Under the Dena Shakti Scheme, financial support is extended to women entrepreneurs focused on agriculture, retail trade, education, housing, and the SME. It focuses on women entrepreneurs in the fields of agriculture, retail, manufacturing, small enterprises, and micro-credit organizations and give wings to their dreams and passion. The loans up to rupees 20 Lakhs for women entrepreneurs, who are engaged in agriculture, retail trade, education and small business. IGovernment Schemes for Women Entrepreneurs, who is trying to scale her business in one of the mentioned sectors, then you can apply for the this specific scheme.
Mahila Samriddhi Yojana
As the name suggests The Mahila Samridhi Yojana (MSY) is designed to support women entrepreneurs hailing from economically disadvantaged or backward class. This women’s loan scheme is for women who hold 51% share capital separately or collectively as a proprietary concern. The Mahila Udyam Nidhi scheme was launched by Punjab National Bank. The objective was to close the equity gap. Businesswomen will be assisted in starting new business and banal accounts. Punjab National Bank and Small Industries Development Bank of India (SIDBI) jointly offer the Mahila Udyam Nidhi Scheme.
Women Entrepreneurship Platform
The Women Entrepreneurship Platform is a platform that contains all the information and services relevant to women entrepreneurs. The WEP helps enable women to gain facilities and make them familiar with the opportunities . Mudra loans for women are started in 2016, Mahila-E-Haat is a bilingual marketing platform that uses technology to enable budding women entrepreneurs, self-help groups, NGOs, and others helping groups.
These are some of the government schemes for women entreprenuers from which women can gain assistance and financial support to start their business and dreams.
Doubts Resolved
Q1. What is the Government Schemes for Women Entrepreneurs?
A1. Stree Shakti Udyogini Scheme, Bharatiya Mahila Bank Business Loan, Credit Guarantee Fund Trust for Micro and Small Enterprise, PMEGP Pradhan Mantri Rozgar Yojana, Mahila Coir Yojana Mudra loan Ernst and Young Supporting Women.
Q2. Which bank is best for Government Schemes for Women Entrepreneurs?
A2. HDFC is the best bank for women entrepreneurs.
Q3. Who is the most famous Government Schemes for Women Entrepreneurs ?
A3. Kiran Mazumdar-Shaw Falguni Nayar, Aditi Gupta , Indra Nooyi, Oprah Winfrey are some of the best female entrepreneurs.
Q4. Funding for female entrepreneurs in India?
A4. Women Enterprise Development, Orient Mahila Vikas Yojana Scheme, Pradhan Mantri Rozgar Yojana, Prime Minister’s Employment Generation Programme (Pmegp), Sonderconnect For Women Entrepreneurs, Start-up India Scheme, Trade-related Entrepreneurship Assistance And Development (Tread), Amended Technology Upgradation, Angel investors and venture capitalists, AWE Funds, Entrepreneurial Development Co, Fund of funds.