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MSME Ministry has been implementing Women Entrepreneurship Development Programmes

Updated: Aug 07, 2015 11:30:31am
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New Delhi, Aug 7 (KNN) The Ministry of Micro, Small and Medium Enterprises (MSME) has been implementing special, dedicated Schemes for Women Entrepreneurship Development to facilitate employment opportunities for women.
 
These schemes are - Trade Related Entrepreneurship Assistance and Development (TREAD) Scheme and Mahila Coir Yojana. The TREAD Scheme envisages economic empowerment exclusively of women through trade related training, information and counselling extension activities related to trades, products, services etc, Union MSME Minister Kalraj Mishra told Parliament.
 
Under the Scheme financial loans are provided by Nationalized Banks and grants by Government of India at the rate of 30 per cent of the loan subject to maximum limit of Rs 30.00 lakh through NGOs for capacity building and for undertaking self-employment ventures by women in non-farm activities.
 
Under Mahila Coir Yojana, financial assistance is provided for motorized ratts for spinning coir yarn to women artisans after giving training.
 
Government provides motorized ratts/ motorized traditional ratts at 75 per cent cost subsidy subject to a maximum ceiling of Rs 7, 500 for motorized ratts and Rs 3, 200 for motorized traditional ratts. The remaining 25 per cent is raised by the beneficiaries. 

Fund allocated for these schemes during the current year (2015-16) is Rs 6.70 crore. Since these are Central Sector Schemes, funds are not allocated State/ UT-wise. 

The Governments of Chhattisgarh and Uttar Pradesh are implementing Women Entrepreneurship Award Scheme and Mahila Udyami Protasahan Yojana, respectively for development of women entrepreneurship, he informed. (KNN Bureau)

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