Comprehensive women entrepreneur development programme
Updated: Mar 20, 2015 02:32:11pm
Under the Scheme financial loans are provided by Nationalized Banks and grants by Government of India at the rate of 30% 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. Ministry of MSME also conducts Skill Development Training Programmes for women to upgrade their skills for self & wage employment and generate income.
Furthermore under the Mahila Coir Yojana , financial assistance is provided for motorized ratts for spinning coir yarn to women artisans after giving training. Government provides motorized rats/ motorized traditional ratts at 75% cost subsidy subject to a maximum ceiling of Rs.7500/- for motorized ratts and Rs.3200/- for motorized traditional ratts .The remaining 25% is raised by the beneficiaries.
In addition the Prime Ministers Employment Generation Programme (PMEGP) provides the women entrepreneurs an additional subsidy of 10% over & above the general category entrepreneurs in both rural & urban areas, with reduced beneficiary contribution of 5% of project cost as against 10% for general category.
Under the Micro & Small Enterprises - Cluster Development Scheme (MSE-CDP) , there is special dispensation for women entrepreneurs in Soft and Hard Intervention ranging from additional 15% to 20% of Government of India grant.
This information was given by the Minister of State, Micro, Small and Medium Enterprises, Shri Giriraj Singh in a written reply to a question in Rajya Sabha on Thursday. (KNN/VV)