- Initiative by NITI Aayog and the India SME Forum aims to bridge existing gaps through a comprehensive support system.
Initiative will focus on enhancing formalisation, mentorship, capacity building, and e-commerce integration
Acknowledging the disproportionate challenges faced by women-owned enterprises, which constitute 35 per cent of India’s registered MSMEs, the initiative aims to bridge existing gaps through a comprehensive support system.
As highlighted by representatives from the Ministry of MSME and NITI Aayog, the initiative will focus on enhancing formalisation, mentorship, capacity building, and e-commerce integration.
Key benefits
By leveraging the Women Entrepreneurship Platform (WEP), a public-private partnership already integrating key ministries, the program seeks to provide seamless access to finance, markets, compliance support, skilling, mentorship, and networking opportunities.
Furthermore, the India SME Forum’s strategic partnership with IndiGo, formalised through a Memorandum of Understanding, underscores a commitment to holistic support. This collaboration will offer Forum members exclusive travel benefits and customised allowances, facilitating business expansion and improved connectivity.
“A Million Women Arise” represents a concerted effort to cultivate a more equitable and supportive ecosystem for women entrepreneurs, ultimately contributing to India’s economic growth and development.