Initiatives to increase the participation of women in the MSMEs
Initiatives to increase the participation of women in the MSMEs
The Government has taken a number of initiatives to increase the participation of women in MSMEs in the country, such as:
The percentage of women owned Micro, Small, Medium Enterprises (MSMEs) registered on Udyam and Udyam Assist Platform (UAP) since the launch of Udyam on 01.07.2020 and the launch of UAP on 11.01.2023 in the country is 38.75%.
As on 30.07.2024, the number of women-owned MSMEs registered on Udyam and UAP in the country is 1,85,09,811.
This information was given by the Minister of State for Micro, Small and Medium Enterprises, Sushri Shobha Karandlaje in a written reply in the Rajya Sabha today.
- To benefit women entrepreneurs, the Public Procurement Policy was amended in 2018, mandating Central Ministries/Departments/Undertaking to procure at least 3% of their annual procurement from women-owned micro and small enterprises.
- Udyam Registration Portal was launched on 01.07.2020 which is fully online, paperless and based on self-declaration. Those with PAN details can register on Udyam and become eligible for Priority Sector Lending (PSL) and avail benefits of various schemes of the Ministry of Micro, Small and Medium Enterprises (M/o MSME). Special drives for registration of women-owned MSMEs under Udyam Registration Portal are organized regularly.
- For the Informal Micro Enterprises (IMEs) which do not have PAN and are exempted from GST, Udyam Assist Platform (UAP) was launched on 11th January 2023. More than 63% of the IMEs registered on UAP are owned by women.
- To support women entrepreneurs under Credit Guarantee Scheme for Micro and Small Enterprises, the following two provisions have been introduced for women-owned Micro and Small Enterprises, w.e.f. 01.12.2022: