SAMARTH Initiative

Context: Recently, Ministry of Micro, Small & Medium Enterprises (M/o MSME) launched a Special Entrepreneurship Promotion Drive for Women -"SAMARTH".

SAMARTH initiative

• Aim: To provide women an opportunity to be self-reliant and independent by undertaking self-employment opportunities.

Under the Samarth initiative of the Ministry, the following benefits will be available to aspiring and existing women entrepreneurs:

• 20% Seats in free Skill Development Programs organized under skill development schemes of the Ministry will be allocated for Women.
• 20% of MSME Business Delegations sent to domestic & international exhibitions under the schemes for Marketing Assistance implemented by Ministry will be dedicated to women-owned MSMEs.
• 20% Discount on annual processing fee on NSIC’s (National Small Industries Corporation) Commercial Schemes.
• Special Drive for registration of women-owned MSMEs under Udyam Registration.

Apart from above, to enhance the participation of women entrepreneurs in Public Procurement, a special discount of 20% shall also be offered on annual processing fee on NSIC’s following commercial schemes during the year 2022-23:

• Single Point Registration Scheme
• Raw Material Assistance and Bill Discounting
• Tender Marketing
• B2B Portal msmemart.com