5 Key Government Schemes for Women Entrepreneurs
Are you an aspiring female entrepreneur looking to make a mark in industries like food, cosmetics, tourism, or IT? If so, you’re in good company. Today’s women are pioneering and succeeding in fields previously unexplored by female entrepreneurs. Recognising this shift, the Indian government has launched several government schemes for women entrepreneurs and government schemes for small businesses aimed at providing the necessary support and resources to help women thrive.
Understanding the Impact of Women in Business
With projections from the World Bank suggesting that India’s GDP could increase by 1.5% points if women comprised half of its workforce, the economic potential of female entrepreneurs is immense. In response, the government has developed lending initiatives specifically tailored for women, easing the path to obtaining crucial startup and growth capital.