12/10/2015

Schemes for women entrepreneurs

In order to  facilitate employment opportunities for women, the micro, small and medium enterprise (MSME) ministry launched special, dedicated schemes for Women Entrepreneurship Development.

The schemes are  Trade Related Entrepreneurship Assistance and Development (TREAD) Scheme and Mahila Coir Yojana. The TREAD Scheme aims at economic empowerment of women entrepreneurs by providing them with training, information and counselling  related to trades, products and services. Under this scheme financial loans are also provided by nationalised banks and grants by GOI at the rate of 30 percent of the loan subject to maximum limit of Rs.30 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 percent 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 percent is raised by the beneficiaries.

Fund allocated for these schemes during the current year (2015-16) is Rs.6.70 crore.

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