Women Entrepreneurship Program Through KVIC
The Ministry is implementing schemes for imparting training and to promote women entrepreneurship by setting up micro, small and medium enterprises in the rural and urban areas of the country through Khadi & Village Industries Commission (KVIC) and Coir Board.
KVIC conducts skill development and Entrepreneurship Development Programme (EDP), to encourage participation of women, KVIC offers free training to women under skill development programme.
Ministry of Micro, Small and Medium Enterprises (MSME) is implementing Prime Minister’s Employment Generation Programme (PMEGP), a major credit-linked subsidy scheme since 2008-09, to promote and set up micro, small and medium enterprises and to generate employment in rural and urban areas of the country. The maximum cost of the project under PMEGP scheme is Rs.25.00 lakhs for manufacturing sector units and Rs.10.00 lakhs for units under service sector. Under the scheme the women entrepreneurs are provided 25% and 35% subsidies for the project set up in urban and rural areas respectively. For women beneficiaries, own contribution is only 5% of the project cost while for general category it is 10%. All the entrepreneurs including women are eligible for 2 weeks Entrepreneurship Development Programme (EDP) after the sanction of their projects from banks for financial assistance to setup their unit and also imparting training under EDP.