(The Gist of PIB) Women Entrepreneurs in the Country [DECEMBER-2019]

(The Gist of PIB) Women Entrepreneurs in the Country

Government of India informed Rajya Sabha about the various initiatives to encourage women entrepreneurship within the Country.
Initiatives to encourage women entrepreneurship within the Country:
Start-up India aims to build a strong eco-system for nurturing innovation and Start-ups in the country under which 10% of the total corpus of Fund of Funds amounting to Rs 1000 crore, has been reserved for women led start-ups.
Ministry of Micro, Small and Medium Enterprises (MSME) has launched a portal namely “Udyam Sakhi” for encouraging women entrepreneurs and to aid, counsel, assist and protect their interests.
Prime Minister’s Employment Generation Programme (PMEGP), is a major credit-linked subsidy scheme to promote and set up MSMEs. Under the scheme the women entrepreneurs are provided 25% and 35% subsidies for the project set up in urban and rural areas respectively.
Ministry of Skill Development is running a pilot project named ‘Economic Empowerment of Women Entrepreneurs and Start-ups by Women’ in collaboration with GIZ, Germany. The project pilots incubation and acceleration programmes for micro women entrepreneurs to start new businesses and scale up existing enterprises in Assam, Rajasthan and Telangana.