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Home Economy

“SAMARTH” – Special Entrepreneurship Promotion Drive for Women

March 10, 2022
in Economy
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In news–  The Union Minister for MSME has launched a Special Entrepreneurship Promotion Drive for Women -“SAMARTH” recently.

About SAMARTH drive-

  • Implemented by the Ministry of  MSME, it aims to provide women an opportunity to be self-reliant and independent by undertaking self-employment opportunities.
  • As per the drive 20% Seats in free Skill Development Programs organized under skill development schemes of the Ministry will be allocated for Women.  
  • With this drive, 20% of MSME Business Delegations sent to domestic & international exhibitions under the schemes for Marketing Assistance implemented by the Ministry will be dedicated to women owned MSMEs.
  • It provides 20% Discount on annual processing fee on National Small Industries Corporation (NSIC’s) Commercial Schemes.
  • It also  provides a Special Drive for registration of women-owned MSMEs under Udyam Registration.
  • Through this initiative, the Ministry of MSME is focusing on providing Skill Development and Market Development Assistance to women and more than 7500 women candidates from rural and sub- urban areas will be trained in the FY 2022-23.  
  • Besides, thousands of women will be getting marketing opportunities to showcase their products in domestic and international exhibitions.
  • To enhance the participation of women entrepreneurs in Public Procurement, a special discount of 20% shall also be offered on annual processing fee on NSIC’s following commercial schemes during the year 2022-23– Single Point Registration Scheme, Raw Material Assistance and Bill Discounting , Tender Marketing, B2B Portal msmemart.com.
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Source: PIB
Tags: NewspaperPrelims

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