If we compare the statistics of Startup India in India then out of the total entrepreneurs in India female entrepreneurs are only 8 million and on the other hand male entrepreneurs are more than 50 million. From these figures, we can find out how low the number of women entrepreneurs is in our country. In view of women empowerment and women entrepreneurship, many such schemes have been implemented by the Government of India, so that women entrepreneurs can be seen everywhere in the startup ecosystem of India. Women will not only work within the boundaries of homes, but women will also be able to start their own business, without any financial constraint.
Apart from the Government of India, bank branches also provide special types of loans to give a new flight to the spirits of women, so that they can start their initial business very easily. Today we will tell you what new schemes have been made by the government for women entrepreneurs, which should encourage women empowerment and start your new startup, so let’s know about these new schemes –
1. Annapurna Scheme
Annapurna Yojana was started by the Government of India on 31 October 2015 from Bamori village of Jaipur district. Under Annapurna Yojana, women entrepreneurs who are engaged in packaged food, snacks etc. sell food items want to set up food catering industry. Under this scheme, a loan amount of fifty thousand rupees will be given to those women entrepreneurs by the State Bank of Mysore and which will have to be paid in monthly installments of 36 months. This loan will be given to meet the primary needs of the woman entrepreneur, that is, to buy utensils and other equipment. The interest rate of this loan will be levied according to the market rate and to get this loan, a guarantor is required by the women entrepreneur, because without the guarantor the woman entrepreneur will not be given this loan. It is a very good step for women entrepreneurs taken by the Government of India.
2. Orient Mahila Vikas Yojana Scheme
Loans are provided by Oriental Bank of Commerce to women who hold 51% share capital either individually or jointly in a proprietary concern. Under this scheme, women entrepreneurs in small scale industries are given loans ranging from 10 lakh to ₹ 250000 and no guarantor is required to take this loan. If the woman entrepreneur wants to repay her loan then her tenure is 7 years. Under this, concession is also given to the women entrepreneur of 2% loan interest rate.
3. Mudra Yojana Scheme For Women
Under this scheme run by the Government of India, women who want to start their business with small enterprises like tuition centre, tailoring unit or beauty parlor are given loans without the need of any equitable guarantor. You will also be given a MUDRA card while disbursing the loan and this MUDRA card will be available to you. Working similar to a credit card and a limited amount of 10% of the loan amount will be credited on it. Three people can take the benefits of Mudra Yojana, which are as follows –
- Shishu – The loan amount in this is limited to 50000.
- Kishor – The loan amount in this ranges between Rs 50000 to Rs 5 lakh. It can be availed by people with established enterprise.
- Tarun – The loan amount in this is up to Rs 1000000.
Through these three steps, women entrepreneurs can take advantage of this Mudra scheme very easily and can do well in their business.
4. Bharatiya Mahila Bank Business Loan
Bhartiya Mahila Bank Business Loan is shortlisted for women entrepreneurs who want to start their new venture against property in retail sector, and SMEs. Under this scheme, the maximum loan amount is given to women entrepreneurs up to 2000000000 and on which a discount of 0.25% is also given. The interest rate on this loan amount is usually 10.15% or more. The best part of Bhartiya Mahila Bank Commercialization Scheme is that it does not require collateral security for loans up to one crore under Credit Guarantee Fund Trust for Small and Micro Enterprises.
5. Dena Shakti Scheme
If women entrepreneurs want to increase their business in the field of agriculture, manufacturing, micro-loans, retail stores or micro enterprises and those who need financial assistance, these types of loans are provided under Dena Shakti Yojana. The maximum loan amount under this scheme for retail business to women entrepreneur is 200000, on which the interest rate is zero point 25%. Women entrepreneurs can repay this amount very easily by monthly payment of installments by the bank provided in the loan.
6. Udyogini Scheme
Under this scheme, women entrepreneurs whose age is 18 to 45 years and who are doing their business in agriculture, retail and small entrepreneurial sector, they are given loan up to one lakh rupees. If the annual income of the family of the woman entrepreneur is less than ₹ 45000, then only she can take a loan through this scheme, otherwise not. The best part of this is that a subsidy of 30% is also provided to the widow, destitute or handicapped women of SC and ST categories on loans up to ₹ 10000. Women entrepreneurs can grow their startup very well through the subsidy provided under the Udyogini scheme.
7. Cent Kalyani Scheme
If women want to start their new venture or want to modify it, then they are given the benefit of DHS scheme of loan by Central Bank of India. Under this scheme, this loan can be taken by those women entrepreneurs who are involved in business enterprises like village, small, and medium industries, self-employment, agricultural retail business. Under this scheme, a woman entrepreneur does not need any guarantor while taking a loan and the maximum loan amount given under this scheme is 1 lakh.
8. Mahila Udyam Nidhi Scheme
Mahila Udyam Nidhi Yojana has been launched by Punjab National Bank and the objective of this scheme is to support women enterprises involved in small scale industries by giving them loans. The loan amount given under the Mahila Udyam Nidhi Yojana can be repaid very easily by the woman entrepreneur in a period of 10 years. Under the Mahila Nidhi Yojana, there are also different loan schemes for buying beauty parlour, day care center, auto rickshaw, two wheeler Radhe and the maximum loan amount given under this scheme is Rs.100000.
9. Stree Shakti Package For Women Entrepreneurs
This scheme provides discount rate of loan amount to women entrepreneurs. Under this scheme, if the loan amount of the woman entrepreneur is more than 200000, then it provides 0.50% discount on that interest rate. This scheme has been operated by most of the branches of SBI Bank by the government.
The benefits of all these good schemes are being given by the Government of India to women entrepreneurs to increase their business. This step taken by the bank and the government to increase women empowerment and women empowerment is very beneficial. If you also want to open your new startup, then give a new direction to your new startup with the help of all these schemes.
