Government Unveils Schemes to Empower MSMEs and Women Entrepreneurs
The Government of India is taking significant steps to modernize heavy industries and boost the Micro, Small, and Medium Enterprises (MSMEs) sector, particularly focusing on skill development and women empowerment. Multiple schemes like the Prime Minister's Employment Generation Programme and the recently launched 'PM Vishwakarma' and 'Yashasvini' campaigns aim to support traditional artisans, rural youth, and women entrepreneurs. These initiatives also include financial assistance for infrastructural development of MSMEs and policies mandating procurement from women-owned enterprises. The efforts are intended to integrate MSMEs into both local and global value chains, enhancing their productivity and competitiveness.
Source: Original Link