MSME Ministry to provide 20% quota to women owned MSMEs under marketing assistance scheme

New Delhi, Mar 8 (KNN) In the honour of International Women’s Day 2022, Union Minister for MSME, Narayan Rane announced that 20 per cent of MSME Business Delegations sent to domestic & international exhibitions under the schemes for Marketing Assistance will be dedicated to women owned MSMEs.

This was announced along with Minister of State for MSME, Bhanu Pratap Singh Verma as a part of the launch of Special Entrepreneurship Promotion Drive for Women -"SAMARTH" in New Delhi.

The objective of this initiative is to provide women with an opportunity to be self-reliant and independent by undertaking self-employment opportunities.

Secretary (MSME), AS&DC (MSME), Chairman (KVIC), Senior Officials of the Ministry and women entrepreneurs were also present at the event on Monday. 

MSME Minister Rane congratulated women at the event and said that MSME sector offers plethora of opportunities for women and Ministry of MSME, through its schemes and initiatives.

“The Ministry is continuously making efforts to develop entrepreneurship culture among women by offering several additional benefits for women in the schemes implemented by the Ministry,” he said. 

He said that the Ministry of MSME envisions greater participation of women in the MSME sector and therefore will work hard to promote entrepreneurship. 

This initiative will also offer 20 per cent seats in free Skill Development Programs organized under skill development schemes of the Ministry will be allocated for Women.

Further, 20 per cent discount on annual processing fee on NSIC’s Commercial Schemes will be available for women owned MSMEs. 

A comprehensive presentation on the various schemes being implemented by the Ministry was also made by the senior officials from the Ministry. (KNN Bureau)