The scheme has achieved remarkable success by mobilizing rural women into 81 lakh Self Help Groups. These groups are to be enabled to reach the next stage of economic empowerment through formation of large producer enterprises or collectives with each having several thousand members and managed professionally. They will be helped with supply of raw materials and for better design, quality, branding and marketing of their products. Through supporting policies, they will be enabled to scale up their operations to serve the large consumer markets, as has been the case with several start-ups growing into ‘Unicorns’.
Implementation agencies : D/o Rural Development M/o Women and Child Development
For commemorating Azadi Ka Amrit Mahotsav, a onetime new small savings scheme, Mahila Samman Savings Certificate, will be made available for a two-year period up to March 2025. This will offer deposit facility upto ₹2 lakh in the name of women or girls for a tenor of 2 years at fixed interest rate of 7.5 per cent with partial withdrawal option.
Implementation agencies : D/o Economic Affairs
Source : India Budget
Last Modified : 2/1/2024
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