For information about “PM Mahila Swarojgar Yojana”, you can know about “Mahila Samriddhi Yojana (MSY)” and “Mahila Training and Employment Programme Sahyog Yojana”, which provide financial and skill development assistance to women for self-employment.
1. Women’s Prosperity Scheme (MSY):
- This scheme provides loans to Safai Karamcharis and Swachhakar women and their dependent daughters for small and marginal trade/business and miscellaneous income generating activities.
- Under this scheme, up to 90 per cent of loan is provided to SCAs and the remaining 10 per cent is provided by SCAs.
- This scheme is available for projects costing up to Rs 1,00,000/-.
2. Women Training and Employment Programme Assistance Scheme:
- This scheme was launched in 1986-87 for the development of poor rural and urban women.
- The scheme aims to provide assistance to laborers, unpaid daily wage workers, women-led families, migrant workers, tribals and other disadvantaged groups.
- This scheme is funded by the Central Government and the implementing agency.
3. Prime Minister’s Employment Generation Programme (PMEGP):
- PMEGP is a flagship credit-linked subsidy programme aimed at generating self-employment opportunities through setting up of micro enterprises in the non-farm sector.
- The scheme is implemented by Khadi and Village Industries Commission (KVIC) as the nodal agency at the national level.
- Banks sanction financing up to 90% to 95% (special category) of the project cost.
- The government provides 15% to 35% as margin money or PMEGP subsidy.
- The remaining 60% to 75% amount is provided by the bank as term loan.