MUKHYAMANTRI MAHILA UDYAMITA ABHIYAN
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Picture Courtesy: yojanalabh.com
Context: The Assam government's Mukhyamantri Mahila Udyamita Abhiyan, a scheme aimed at promoting entrepreneurship among women members of self-help groups, is set to be launched between January 18 and 25.
About Mukhyamantri Mahila Udyamita Abhiyan
- The Mukhyamantri Mahila Udyamita Abhiyan is designed to encourage entrepreneurship among 3.9 million women members of self-help groups in Assam.
Scheme Details
- First Phase: Each applicant will receive a grant of ₹10,000 in the first year to start a business from a list of 145 government-prepared business plans.
- Total Budget: The scheme is part of the state's annual budget, with ₹3,900 crores earmarked, making it one of the largest such schemes in Assam.
- Second Year: Participants will receive a bank loan of ₹12,500 and an equal grant from the state government in the second year. Audits will ensure the proper utilization of funds.
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WOMEN SHGs IN INDIA: https://www.iasgyan.in/daily-current-affairs/women-shgs-in-india
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PRACTICE QUESTION Q. How have Women Self-Help Groups (SHGs) in India contributed to the economic empowerment and social development of women, and what challenges do they face in achieving sustainable growth and impact? |
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