MSME Ministry launches ‘SAMARTH’ to promote women entrepreneurship

admin March 8, 2022
Updated 2022/03/11 at 3:13 PM

The MSME Ministry launched SAMARTH, a special entrepreneurship promotion drive for women, on Monday, a day before International Women’s Day.

Speaking on the occasion, Minister for Micro, Small, and Medium Enterprises (MSME) Narayan Rane said the MSME sector provides a multitude of opportunities for women.

He emphasised that the MSME Ministry, via its schemes and initiatives, is always working to promote entrepreneurship among women by providing them with a variety of extra advantages.

The drive, according to Rane, would help women become self-sufficient and independent by providing self-employment opportunities.

SAMARTH will give 20% of seats in free skill development programmes organised under the ministry’s skill development plans to aspiring and current women entrepreneurs.

In 2022-23, more than 7,500 women will benefit from this.

Furthermore, under the ministry’s marketing assistance initiatives, 20% of MSME business delegations sent to local and foreign exhibitions would be devoted to women-owned MSMEs.

In 2022-23, women entrepreneurs may get a 20% reduction on the yearly processing cost for commercial programmes run by the National Small Industries Corporation (NSIC).

Source: Financial Express

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