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What are the development Schemes for Women Entrepreneurs in India?

(a) Mohila Udyam Nidhi:

Eligible borrowers:

All the women entrepreneurs who are interested for setting up new projects in tiny/small scale sectors or rehabilitation of viable sick SSI units are eligible for the purpose.

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Existing tiny and small scale industrial units and service enterprises undertaking expansion, modernization, technology up gradation and diversification can avail such benefits.

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Purpose:

To meet gap in equity.

Norms:

Scheme operated through SFCs/twin functions SUDCs/scheduled commercial banks/scheduled urban co-operative Banks.

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Soft loan limit:

25% of project subject to a maximum of Rs. 25 lakhs per project.

Service charges:

1% p.a. on soft loan.

(b) Scheme for women SSI Entrepreneurs:

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Eligible borrowers:

Women entrepreneurs.

Purpose:

For setting up SSI units.

Norms:

The scheme also provides training and extension services support to the entrepreneurs.

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