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Government Reviews Incubators To Expand Women-Led Rural Enterprises

Government Reviews Incubators To Expand Women-Led Rural Enterprises
Govt Reviews Proposals To Boost Women-Led Rural Enterprises, Aims To Create 6 Crore ‘Lakhpati Didis’ · freepressjournal.in

The government wants to help more rural women build and grow businesses.

It has a goal of creating 6 crore women entrepreneurs called Lakhpati Didis.

A committee reviewed plans for four new business-support programmes.

These programmes could help more than 600 rural businesses with advice, money planning, technology and finding customers.

The proposed partners include four Indian Institutes of Technology and Management.

Existing programmes already support about 2,100 rural self-help-group businesses across 13 states.

The businesses may work in areas such as food, textiles, tourism and digital services.

The committee also discussed expanding a separate entrepreneurship programme in West Bengal and Goa.

Key facts

National goal
Create 6 crore Lakhpati Didis.
Proposed incubators
Four programmes are proposed in Bihar, Jammu and Kashmir, Uttar Pradesh and Gujarat.
Expected reach
The new incubators could support more than 600 high-potential rural enterprises.
Current programme scale
Fourteen incubator programmes operate across 13 states and support around 2,100 rural self-help-group enterprises.
Earlier results
Completed programmes reported revenue growth, improved business formalisation and additional employment generation.
Business sectors
Focus areas include food and agri-processing, textiles, handicrafts, manufacturing, retail, services, tourism-linked activities and digital enterprises.
Additional proposal
The committee considered expanding the Startup Village Entrepreneurship Programme in West Bengal and Goa.

Quotes

Ministry of Rural Development statement

Official statement issued by the Ministry of Rural Development

“These initiatives reinforce the Government’s commitment to women-led economic development and the Lakhpati Didi initiative, by enabling rural women entrepreneurs to progress from subsistence-level businesses to enterprises with higher turnover, stronger market linkages, improved access to finance and greater employment potential”
freepressjournal.in

Sources

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