What women entrepreneurs need to shine in the MSME sector? Experts explain
Women entrepreneurs in India play a significant role in advancing the economic growth of the country
They collectively contribute 3.09% of industrial output and employ 10% of the total workers engaged in different economic activities
Simmi. J has been running her clothing stores for more than two decades but has failed to secure a bank loan in her name to date. So far, she got a loan in the name of her husband, but after her husband's death, she is worried about the future of her business. “Banks are asking me to show collateral, Mudra scheme officials have shared extremely complex guidelines. Though I have been handling my husband’s business since 2001, there’s nothing against my name, properties, FDs, or bills to prove my loan eligibility," says Simmi.