Attention, Women Entrepreneurs! 8 Govt Schemes You Ought To Know Of
While training, patriarchy and not enough social help from their loved ones can be a couple of reasons behind a few women, in the most common, not enough monetary money could be a major roadblock on their entrepreneurial journey.
I ndia is a land of numerous possibilities, an obvious expression of which is based on the startup growth the united states has witnessed when you look at the decade that is recent. A new generation of emerging entrepreneurs has successfully tapped into lesser explored sectors, managed to provide solutions and build the groundwork for successful businesses from food, beauty, travel, sanitation, IT, automobile, entertainment and even innovation.
Yet, barring a few names that stick out, ladies keep on being a distinct minority into the booming space that is entrepreneurial.
While training, patriarchy and not enough social help from their loved ones might a few grounds for a few ladies, in most, not enough monetary money could be a major roadblock on their entrepreneurial journey.
So, now we list down eight schemes introduced by banking institutions in Asia, including nationalised banking institutions, that most ladies business owners should be conscious of:
1. Annapurna Scheme
The Government of India offers women entrepreneurs in food catering business, loans upto ?50,000 under this scheme. The loaned quantity could possibly be useful for working money demands such as for example purchasing utensils, cutlery, fuel connection, refrigerator, mixer cum grinder, hot situation, utensil stand, tiffin bins, working dining dining table, water filter etc.
A guarantor is needed to avail the loan plus the assets of this company need to be pledged as security. As soon as sanctioned, it offers become paid back in 36 installments that are monthlywhich equals to a time period of 3 years). Continue reading ““Attention, Women Entrepreneurs! 8 Govt Schemes You Ought To Know Of”“