Uttar Pradesh
Swavalambini
- 17 Mar 2025
- 3 min read
Why in News?
Recently, the Ministry of Skill Development and Entrepreneurship ( MSDE ) in collaboration with NITI Aayog launched the women entrepreneurship programme Swavalambini at Chaudhary Charan Singh University, Meerut .
Key Points
- About Swavalambini:
- Swavalambani It is a women entrepreneurship program aimed at empowering women by helping them develop an entrepreneurial mindset, providing necessary resources and guidance for business success.
- Program structure:
- A phase-wise entrepreneurship process is initiated comprising Entrepreneurship Awareness Programme (EAP), Women Entrepreneurship Development Programme (EDP), Faculty Development Programme (FDP ) and Financing .
- This will involve recognising and rewarding successful enterprises, which will inspire others and establish a clear framework for promoting women-led enterprises in India.
- Strengthen the culture of entrepreneurship in higher education institutions, making business creation a viable career path for women.
- Promote women-led enterprises as a key driver of India's economic transformation.
- Aligned with national policies:
- National Education Policy (NEP) 2020 promotes skill integration, industry collaboration, and entrepreneurship-driven education.
- Swavalambanni works on this by ensuring financial and consultancy support for women entrepreneurs .
- It strengthens initiatives like Start-up India , Stand-up India , PM Mudra Yojana and Women Entrepreneurship Platform .
- Swavalambanni is in line with Union Budget 2025 , which launches a Rs 10,000 crore start-up fund and 100% tax exemption on start-up dividends for the first five years , providing crucial financial support to emerging women-led enterprises.
Women Entrepreneurship Scenario in India
- Total MSMEs in India: Over 63 million, Women-owned MSMEs 20% (12.39 million).
- Employment Contribution: Women-led MSMEs provide employment to 22-27 million people.
- India Ranking in Women Entrepreneurship: India is currently ranked 57th out of 65 countries in the Mastercard Index on Women Entrepreneurship (MIWE) 2021 .
- India ranks 70th among 77 nations in the Global Female Entrepreneurship Index (FEI) as estimated by the Global Entrepreneurship and Development Institute.
- Top states with highest participation of women-led MSMEs: West Bengal (23.42%), Tamil Nadu (10.37%), Telangana (7.85%), Karnataka (7.56%), and Andhra Pradesh (6.76%).