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Last updated: 28 Jul, 2015  

msme-THMB-2010.jpg Govt dedicates special schemes for women MSMEs

women entreprenure.jpg
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SME Times News Bureau | 28 Jul, 2015
Aiming to facilitate employment opportunities for women, the micro, small and medium enterprise (MSME) ministry is implementing special, dedicated schemes for Women Entrepreneurship Development, parliament was informed on Monday.

These schemes include Trade Related Entrepreneurship Assistance and Development (TREAD) Scheme and Mahila Coir Yojana, Minister for State for MSME Giriraj Singh told the Lok Sabha in a written reply.

The TREAD Scheme envisages economic empowerment of women through trade related training, information and counselling extension activities related to trades, products and services.

"Under the scheme financial loans are provided by nationalized banks and grants by government of India 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," the minister said.

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, the minister said.
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Clarity and Transparency
G James | Mon Aug 17 08:39:50 2015
Their had been many schemes which were floated by the govt, but due to lack of information, clarity and transparency many a aspirants dreams, efforts, enthusiasm have met an untimely death by running from pillar to post. Please list out the names of the banks, it's accountable representatives and the process, create an exclusive website for the scheme, so that an aspirant will prepare himself for the same, upload minimum documentation required on site, and raise an E-appointments leaving no space for wastage of time and energy, as well leaving unscrupulous elements out. On meeting the authorities, let them clearly spell out the duration of time required for the process and upload his comments and results online. Please ensure it to be a one window clearance. Thanks

Implemetation of policy
D.N.Singh,jamshedpur | Wed Aug 5 11:09:40 2015
The Scheme & policy needs to be focussed in a positive path by financial institutions/Banks to encourage & shoulder the enterprenuer in training,marketing,Infra structure creation,production through co-ordination & consultancy of experts.

Loan taking procedure for women MSMEs
Jasumati Bisht | Wed Aug 5 05:47:02 2015
Please confirm the rate of interest and required documentations for taking loan of Rs 10.00lacs and repayment system

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