Empowering Women Entrepreneurs: Rajasthan Scales Up Vishwakarma Yojana

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Making entrepreneurship accessible for all

The Rajasthan government has also taken a step to empower women entrepreneurs by expanding the benefits of Vishwakarma Udyami Protsahan Yojana, a scheme announced in the 2024- 2025  state budget.

Margin money assistance

To reduce upfront costs, the government is also offering margin money support of up to ₹1,00,000 or 25% of the loan amount. This provision is particularly beneficial for women who lack collateral or capital to kickstart their entrepreneurial journey.

Big-ticket loans for women entrepreneurs

Women entrepreneurs, along with youth, can now apply for loans up to ₹2,00,00,000 under the scheme to make borrowing more affordable. The state government will also provide interest subsidies. Along with that, women entrepreneurs will receive an extra 1% interest for loans above ₹1,00,00,000.

Creating opportunities for women-led MSMEs 

Officials believe that the scheme will also encourage women to set up their own manufacturing units or start-ups in emerging fields. By bridging the financial gap, the government is also hoping to foster a new generation of women entrepreneurs who will contribute to Rajasthan’s economic Road.

https://pmvishwakarma.gov.in/Home/FAQ?utm_source=chatgpt.com

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