Stree Shakti Yojana: Empowering Women Entrepreneurs in India
Over the last couple of years, the business sector in India has been undergoing a paradigm shift, with an increasing number of women assuming ownership and leadership positions. The Indian government has launched several initiatives to capitalize on this momentum, such as the Stree Shakti Yojana, a flagship program targeting women entrepreneurs. The scheme falls under the SME (Small and Medium Enterprise) schemes, rendering essential funding and assistance to enterprises run by women.
What is Stree Shakti Yojana?
Stree Shakti Yojana is a loan scheme for women entrepreneurs introduced to promote women’s participation in business and enterprise. It is implemented primarily through the State Bank of India (SBI) and other public sector banks, under the Ministry of Micro, Small and Medium Enterprises (MSME) framework.
The scheme provides financial assistance to women who own and manage small businesses in manufacturing, services, or trading sectors.
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