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Government Schemes For Women Entrepreneurship

  Value-Tax
  August 2019

In the 21st Century, women also working equally with man, it doesn’t matter whether she is working doing the job or making the bread and butter of her own. Here comes the list of schemes that the Government setup for promoting the women entrepreneurship in India.

1.Stand-Up India Scheme:

Under this scheme, the woman entrepreneur of above 18 years of age will be granted loan between 10 lakhs and 1 crore by Small Industries Development Bank of India(SIDBI) subject to certain terms and conditions.

  • (a) She should not have defaulted in making payment to Bank or Financial Institution.
  • (b) Loan should be granted only for Manufacturing/Service/Trading Sector and the venture should be the first time venture in the Manufacturing/Service/Trading Sector.
  • (c) In case if the business entity is not a sole-proprietary entity, then the woman entrepreneur should hold at-least 51% of shareholding in that entity.

2.Cent Kalyani Scheme:

This scheme is provided by Central Bank of India and all the existing and new women entrepreneurs operating as per MSME Act,2006.

This scheme envisages empowerment of women to start new project or expand or modernize the existing unit. This scheme provides assistance in the form of capital expenditure (Plant/Machinery) and also meeting day to day expenditure (working capital).

Maximum loan provided under this scheme is Rs.1 crore, however loans are provided at concessional rate of interest. There is no processing fees levied for the loan granted under this scheme.

3.Stree Shakti Package by SBI:

The Stree Shakti Package is a unique SBI-run scheme to support entrepreneurship among women by providing certain concessions. This scheme is eligible for women who have majority ownership (over 50 percent) in a small business. Another requirement is that these entrepreneurs have to be enrolled in the Entrepreneurship Development Programmes (EDP) organised by their respective state agency. This scheme allows women to avail an interest concession of 0.05 percent on loans exceeding ₹2 lakh. No security is required for loans up to ₹5 lakh in case of tiny sector units.

4.Women Empowerment Schemes by PNB

  • PNB MAHILA UDYAM NIDHI SCHEME

    To meet gap in equity. The women entrepreneurs will be assisted for setting up of new projects in tiny /small scale sector and rehabilitation of viable sick SSI units. Existing tiny and small scale industrial units and service industries undertaking expansion, modernization technology up gradation & diversification can also be considered.
  • PNB MAHILA Samridhi Yojna

    Under This Scheme, four schemes have been launched under the umbrella of one scheme. These are for purchase of required infrastructure for Setting up of
  • Scheme For Financing Creches

    To provide support services for women empowerment to working women in terms of creches with necessary services by making cheaper and easier credit available for financing Creches. The women will be assisted for purchase of required infrastructure for setting up Creches like basic equipment, utensils, stationers, growth monitoring equipments, fridge, cooler/fan, water filter, etc. and for recurring expenditure for one month.
  • PNB Kalyani Card Scheme

    For meeting working capital credit requirement of allied agricultural activities/ misc farm/non- farm activities either singly or in combination with other activities. The literate/illiterate women dwelling in rural / semi-urban areas who have attained the age of majority shall be eligible under the Scheme. Such Women shall include individuals, farmers, landless labourers, agricultural labourers, tenant farmers, share croppers, lessee farmers, etc. The women desirous of undertaking non-farm sector activities should have aptitude/experience and capability for undertaking the activity chosen for self-employment.
  • PNB Mahila Sashaktikaran Abhiyan

    Under this scheme, following concessions will be admissible
    Trade Related Entrepreneurship Assistance and Development (TREAD) Scheme The scheme envisages extension of credit by the bank and grant by the Govt of India to NGOs for the benefit / on lending to women either through SHGs or individually for setting up of small & micro enterprises in non-farm sector.

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