Baby steps for women development!

The State and Centre are taking several steps to uplift women.
women development,Ministry of Micro, Small and Medium Enterprises (MSME),ASSOCHAM,myloanassocham.Com,women,molestation,women entrepreneurs

The State and Centre are taking several steps to uplift women. With the recent spotlight on molestation, the push is even harder. The Centre would shortly launch an exclusive scheme for women entrepreneurs, a senior official in the Ministry of Micro, Small and Medium Enterprises (MSME) said.
‘It will be an exclusive scheme for women entrepreneurs. We have not yet finalised the contours (of the scheme). Hopefully, we will launch it before the end of the financial year’, B H Anil Kumar, a Joint Secretary in the Ministry, said.
Earlier, he launched myloanassocham.Com, a portal, industry body ASSOCHAM said, that provides MSMEs online access to funds at an affordable rate from a mix of banks and financial institutions.
Kumar said the figures that the MSME sector contributes eight per cent to the country’s GDP, 45 per cent of the manufacturing output and 40 per cent of the exports are based on survey reports of 2007.

women-inner

Those survey reports have been extrapolated. It’s a random survey, and it’s not clear how much of that figure is based on hardcore data, according to him.
In this background, the Ministry is in the process of creating an MSME data bank based on which it can project the actual requirements of the sector, he said and asked these enterprises to register themselves.
Reserve Bank of India, Kumar said, has issued guidelines for creation of committees for revival and rehabilitation of MSMEs which are facing stress. Banks are in the process of setting them up at State levels.
Noting that 90 percent of MSMEs in India are either based on proprietorship or partnership model, Kumar pitched for they putting in place a corporate structure so that an enterprise ‘does not die when entrepreneur passes away’.

Categories
NEWS

RELATED BY

  • Indian economy growing strong!

    Indian economy growing strong!

    India is one of the fastest growing economies in the world and we really mean it. This time around, India is all set to overtake Germany. By 2022, it...
  • Vinu Chakravarthy passes away!

    Vinu Chakravarthy passes away!

    Veteran Tamil actor-scriptwriter, Vinu Chakravarthy passed away in Chennai on Friday after a prolonged illness. He has starred in over 1,000 films, breathed his last in Chennai on 27...
  • Vinod Khanna passes away!

    Vinod Khanna passes away!

    Veteran Bollywood actor Vinod Khanna has passed away at his age of 70 in Mumbai. The actor who has given remarkable hits of Bollywood like Amar Akbar Anthony and...
  • Filmmaker Viswanath to be conferred with Dadasaheb Phalke award!

    Filmmaker Viswanath to be conferred with Dadasaheb Phalke award!

    Renowned filmmaker and actor Kasinadhuni Viswanath, known for award-winning movies like Sankarabharanam, Sagara Sangamam and Swati Mutyam, was on Monday named for the prestigious Dada Saheb Phalke award for...