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What is Udyogini Scheme? The Women Development Corporation’s Udyogini Scheme provides subsidised loans to budding women entrepreneurs from rural and impoverished areas. Udyogini, “Women Entrepreneur,” is a recognised non-profit organisation dedicated to women’s economic empowerment. Udyogini Scheme spreads over 200 villages throughout five states: Rajasthan, Chhattisgarh, Jharkhand, Madhya Pradesh, and Uttarakhand. The program encourages women’s […]
What is Mahila Samridhi Yojana The Indian government introduced the Mahila Samridhi Yojana (MSY) as a programme to give women working in the unorganised sector financial and social security. The government offers women entrepreneurs from socially and economically disadvantaged backgrounds microfinance. [adinserter block=”3″] [adinserter block=”4″] Features and benefits of Mahila Samridhi Yojana This scheme helps
Mahila Samridhi Yojana and How to Apply Read More »
What is an SME Loan? An SME loan is specifically designed for small and medium-sized enterprises (SMEs). These loans help businesses expand, invest in new equipment or machinery, or cover day-to-day operating costs. For example, you are a small business owner that manufactures and sells furniture. You have been in business for a few years,
SME Loan Guide: Definition, Features, and Benefits Read More »
In the beginning, every business needs a certain amount of money and financial strength. When it relates to the establishment of any enterprise, capital is indispensable. In new startup firms, the quantity of capital invested can assist the business become long-running and successful. In many instances, one may not have easy access to the funds
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What is an MSME Loan? If you are an owner of an MSME, you can obtain an MSME business loan to expand your business, purchase assets, machinery, or raw materials for your business, or run operations more efficiently. You can use the loan for other purposes such as fulfilling the working capital requirement, paying rent
MSME Business Loan – Features, Eligibility, Documentation, Interest Rates Read More »
What is the PMEGP scheme? The PMEGP full form is nothing but Prime Minister’s Employment Generation Programme (PMEGP) which is a credit-linked subsidy program operated by the Ministry of Medium, Small, and Micro Enterprises, Government of India. KVIC (Khadi & Village Industries Commission) is responsible for the implementation of the PMEGP loan scheme which is the nodal agency at
About 40 million MSMEs (Micro Small and Medium Enterprises) in India, including registered and unregistered companies. MSMEs usually come under lists of both the organized and unorganized sectors. Moreover, about 40% of the total GDP in India is contributed by these MSMEs and it acts as a critical source of employment. MSMEs’ actions provide solutions
Government Subsidy Loan for Business Read More »
