It’s the spirit of entrepreneurship that steps up the economic development of a nation. In India, women constitute around 48 percent of the population but their participation in the economic activities is only 34 per cent.
The 2021 edition of Women & Men in India, published in April 2022 by the National Statistical Office (NSO) of the Union Ministry of Statistics and Programme Implementation, reveals that Tamil Nadu, with about 10.87 lakh units, accounts for the highest number of women entrepreneur-owned establishments. And, Lakshadweep has the lowest number of small-scale units owned by women entrepreneurs, so there’s a long road ahead.
Here are some government schemes and incentives for women entrepreneurs to the state of Lakshadweep.
> Dairy Entrepreneurship Development Schemes
The schemes focus on promoting diversified agricultural and allied livelihoods, including livestock and horticulture.
The scheme supports
-Setting up modern dairy farms for production of clean milk.
-Encourage heifer calf rearing for conservation and development of good breeding stock.
-Bring structural changes in unorganised sector so that initial processing of milk can be taken
up at village level.
-Upgradation of traditional technology to handle milk on commercial scale.
-Generate self-employment and provide infrastructure mainly for unorganised dairy sector.
Pattern of Assistance: Entrepreneur contribution (Margin) -10% of the outlay (Minimum) Back-ended capital subsidy – 25% of the outlay – general category (33.33% for SC/ST farmers) Effective Bank Loan – Balance portion/Minimum of 40% of the outlay. Government of India will provide 25% back-ended capital subsidy to general category and 33.33% for SC/ST farmers of the cost of project subject to its component-wise ceiling which will be adjusted against the last few instalments of repayment of bank loan. Implementing Agencies: National Bank for Agriculture & Rural Development (NABARD) is the Nodal Agency for implementation of the scheme. Commercial Banks, Co-operative Banks and Regional Rural and Urban Banks are implementing the scheme.
The scheme is open to organised as well as unorganised sector. Target group/beneficiaries: Agricultural farmers, individual entrepreneurs and groups of unorganised and organised sector. Groups of organised sector, includes self-help groups, dairy cooperative societies, milk unions, milk federation, etc. This scheme also helps in employment generation at village level as well as Dairy Cooperative Society levels.
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