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Home Perspectives Government

SAMARTH: A Special Entrepreneurship Promotion Drive for Women

Pranathi Kolikapudi by Pranathi Kolikapudi
March 7, 2022
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On the occasion of International Women’s Day 2022, a Special Entrepreneurship Promotion Drive for Women -“SAMARTH” was launched by the Union Minister for MSME, Mr. Narayan Rane and Minister of State for MSME, Mr. Bhanu Pratap Singh Vermaat at New Delhi in the presence of Secretary (MSME), AS and DC (MSME), Chairman (KVIC), Senior Officials of the Ministry and women entrepreneurs.

Through this initiative, the Ministry of MSME is aiming to provide 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.

MSME sector offers a plethora of opportunities for women

Speaking at the Event, Mr. Narayan Rane said that the MSME sector offers a plethora of opportunities for women and the Ministry of MSME is making efforts to develop entrepreneurship culture among women through its schemes and initiatives offering several additional benefits for women.

Women are creating exceptional and ground-breaking accomplishments

Mr. Bhanu Pratap said that the Ministry of MSME envisions greater participation of women in the MSME sector, so, will work hard to promote entrepreneurship. Women today are creating exceptional and ground-breaking accomplishments in every phase of life and are optimistic about what the future holds for them.

SAMARTHUnder the Samarth initiative of the Ministry, the following benefits will be available to aspiring women entrepreneurs:

  • 20% Seats in free Skill Development Programs organized under skill development schemes of the Ministry will be allocated for Women.
  • 20% of MSME Business Delegations sent to domestic and international exhibitions under the schemes for Marketing Assistance implemented by the Ministry will be dedicated to women-owned MSMEs.
  • 20% Discount on annual processing fee on NSIC’s Commercial Schemes
  • Special Drive for registration of women-owned MSMEs under Udyam Registration

Thousands of women will be getting marketing opportunities to showcase their products in domestic and international exhibitions.

Also, to enhance the participation of women entrepreneurs in Public Procurement, a special discount of 20% shall also be offered on the 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

Also read: NIESBUD signs an MoU with MoRD to implement SVEP – https://nationalskillsnetwork.in/niesbud-signs-an-mou-with-mord-to-implement-svep/

“Empowering Women Entrepreneurs”

To celebrate International Women’s Day, the Ministry of MSME organized an international conference – “Empowering Women Entrepreneurs” in association with National Small Industries Corporation and India SME Forum. The Conference has been organized to provide a platform to aspiring Indian Women Entrepreneurs to gain from the experiences and entrepreneurial journeys of the most successful women entrepreneurs from different parts of the world. A comprehensive presentation on the various schemes being implemented by the Ministry was also made by the senior officials from the Ministry.

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