The last decade, has seen a rise in women-led entrepreneurship in India, fueled by:-Government loan schemes-Self-help group initiatives-Collateral-free business loans-Other funding options
This has contributed to MSME sector growth, financial independence in women through credit facilities in urban and rural sectors and expanding economic diversity.
The Prime Minister MUDRA Yojanaremains a popular government scheme, where collateral-free funds up to ₹10 lakhs can be availed.
Designed especially for women entrepreneurs in food catering business, the Annapurna schemeoffers loans up to ₹50,000 and supports small scale food business.
The Stree Shakti scheme (by SBI) is another funding initiative to offer low-interest rates on loans for women with 50% or more ownership share in an enterpriseacross manufacturing, retail, textile, services, etc.
Another scheme to foster economic independence among women is the Udyogini Yojanathat provides loans up to ₹3 lakhs to women entrepreneurs, across 88 small scale industries.
The Stand Up India schemeis another government loan initiative for women entrepreneurs and SC/STs offering funding from ₹10 lakhs to ₹1 crore.
Moreover, with new digital platforms and internet reach nationwide, it is easier for women entrepreneurs to access credit, participate in e-businesses, and find opportunities.
Portals like Udyam Sakhi Networkfurther provide tools for learning, incubation, market access, and alternative funding sources such as angel investors and venture capitalists.