Women-led MSMEs' registration jumps 75% in FY22: Govt data

New Delhi, April 1 (KNN) The number of women-led micro, small and medium enterprises (MSMEs) registered on the Udyam portal has increased by 75 per cent in the financial year 2021-22.

“The number of women-led MSMEs registered on Udyam Registration Portal has witnessed a substantial increase,” said Minister of State MSME Bhanu Pratap Singh Verma sharing data in a written reply to a question in the Lok Sabha. 

Around 8.59 lakh women-led MSMEs had registered in FY22 (up to March 28, 2022) in comparison to 4.9 lakh registrations in FY21.

As of March 22, 2022, 78.16 lakh MSMEs were registered on the Udyam portal since its launch on July 1, 2020, of which only 13.68 lakh MSMEs were led by women while 63.77 lakh were led by men, as of March 22, 2022, according to the data shared by MSME Minister Narayan Rane in Rajya Sabha. 

The total registration count, at the time of filing this report, on the portal was 80,16,310 including 76.27 lakh micro units, 3.53 lakh small, and 35,904 medium enterprises.

Meanwhile, the MSME Ministry last month launched the Samarth scheme for existing and aspiring women entrepreneurs. The scheme offered 20 percent seats in free skill development programmes organized under skill development schemes of the MSMEs Ministry to women along with 20 percent participation of women MSMEs in MSME delegations sent to domestic and international exhibitions. 

The scheme also proposed a 20 percent discount on the annual processing fee on NSIC’s commercial schemes, the ministry had said in a statement as it targeted to benefit over 7,500 women MSMEs under the scheme. (KNN Bureau)