How to Access Government Schemes for Women Entrepreneurs in India

India has experienced a notable increase in women entrepreneurs in recent times, as they push boundaries and establish themselves in diverse industries. The Indian government acknowledges the significance of women’s involvement in economic endeavors and has implemented multiple initiatives to aid and encourage women entrepreneurs. These Government schemes offer financial assistance, training, and other resources to help women establish and grow their businesses. In this comprehensive guide, we will explore how women can access government schemes for entrepreneurs in India.


Importance of Government Schemes for Women Entrepreneurs

Women’s entrepreneurship is a crucial driver of economic growth and social development. Empowering women to establish and manage businesses not only provides them with economic opportunities but also has positive effects on society. Government schemes for women entrepreneurs aim to address some of the common challenges faced by women in business, including access to finance, training, and networking opportunities.

These schemes offer a wide range of benefits, such as:

  1. Financial Support: Many government schemes provide loans, grants, or subsidies to women entrepreneurs, helping them secure the necessary capital for their businesses.
  2. Skill Development: Certain programs provide training and workshops aimed at improving the entrepreneurial abilities of women.
  3. Reduced Interest Rates: Women can obtain loans at reduced interest rates, increasing their affordability and accessibility.
  4. Collateral-Free Loans: Several schemes offer collateral-free loans, reducing the financial risk for women who may not have valuable assets to pledge.
  5. Business Support Services: Government schemes often provide access to mentorship, advisory services, and networking opportunities.


Identifying Eligibility Criteria

Before applying for any government scheme, it is essential to understand the eligibility criteria. Eligibility criteria can vary from one scheme to another. It is crucial to research and identify the schemes that match your business profile. Common eligibility factors include:

  • Age: Some schemes may have age restrictions, such as being open to women between 18 and 55 years.
  • Type of Business: Certain schemes may target specific industries or sectors. It is important to ensure your business falls within the eligible categories.
  • Ownership Structure: Some schemes may require women to have a certain percentage of ownership in the business.
  • Annual Income: Your annual income or turnover may impact your eligibility for particular schemes.
  • Location: Some schemes may be region-specific, so your business’s location could affect your eligibility.

Researching Available Government Schemes

India offers a variety of government schemes to support women entrepreneurs. Proper research and comprehension of the various available schemes are crucial in determining which ones are in line with your business objectives. Among the notable government schemes for women entrepreneurs in India are:


Mudra Loan for Women

The Pradhan Mantri Mudra Yojana (PMMY) is a flagship government scheme that offers loans to women seeking to start or expand their micro-enterprises. Mudra loans are categorized into three tiers: Shishu, Kishor, and Tarun, with varying loan amounts based on the stage and size of the business. This scheme helps women access the necessary capital to pursue their entrepreneurial dreams and drive economic growth at the grassroots level.


Annapurna Scheme

The Annapurna Scheme is designed to support women entrepreneurs in the food catering industry who are in the early stages of establishing their small-scale businesses. Under this scheme, women can access loans to meet capital requirements, such as purchasing equipment and utensils, setting up food trucks, or expanding their food-related businesses. This initiative promotes both the economic independence of women and the growth of the food sector.


Stree Shakti Yojana

The Stree Shakti Yojana is a unique scheme that supports entrepreneurship among women by providing certain concessions and incentives. It encourages women to take the entrepreneurial plunge by offering access to credit on favorable terms. This scheme has been instrumental in promoting women’s participation in a wide range of industries and fostering economic self-reliance.


Bharatiya Mahila Bank Business Loan

The Bharatiya Mahila Bank offers specialized business loans with favorable terms to women entrepreneurs. It aims to provide economic empowerment to women and facilitate their access to financial resources for starting or expanding their businesses. By offering tailored financial products and services, this bank has been a driving force behind women’s economic independence.


Mahila Udyam Nidhi Yojana

The Mahila Udyam Nidhi Yojana is dedicated to promoting women’s entrepreneurship by providing financial support to establish and expand small-scale industries. This scheme helps women entrepreneurs bridge the equity gap and create opportunities for business growth and job creation. It has played a significant role in encouraging women to venture into manufacturing and related sectors.


Orient Mahila Vikas Yojana Scheme

The Orient Mahila Vikas Yojana Scheme offers collateral-free loans to women entrepreneurs and provides a concession on interest rates. This scheme is tailored to support women who hold 51% share capital separately or collectively in a proprietary concern. By facilitating financial resources and reducing the financial burden, this scheme fosters women’s participation in entrepreneurship.


Cent Kalyani Scheme

The Cent Kalyani Scheme, offered by the Central Bank of India, targets women business owners across various sectors, including agriculture, retail, and more. This scheme offers collateral-free loans with zero processing fees, making it easier for women entrepreneurs to access the capital they need to grow and expand their businesses. It also supports the economic development of women in diverse fields.


Udyogini Scheme

The Udyogini Scheme encourages women entrepreneurs to be self-reliant and empowers them economically to achieve self-development. This scheme primarily focuses on women with a family income of less than Rs. 40,000 per annum. It encourages women to start enterprises in the trade and service sector by offering loans with a cap amount of Rs. 1 lakh.


Prime Minister’s Employment Generation Programme (PMEGP)

The Prime Minister’s Employment Generation Programme (PMEGP) is a government initiative that provides credit-linked subsidies to promote self-employment opportunities in both rural and urban areas. It provides financial assistance for setting up micro-enterprises, including women entrepreneurs. Under this scheme, women can access loans and subsidies to establish and operate their own enterprises, fostering job creation and economic independence.

It is important to understand that this list is not comprehensive and there are numerous other options available. Each scheme has distinct characteristics, advantages, and requirements for eligibility. To find the right scheme for your business, you can visit the official websites of government departments, banks, or financial institutions.

Preparing Necessary Documentation

Once you have identified the government scheme that suits your business, the next step is to prepare the necessary documentation. Different schemes may require different documents, but some common documents include:

  • Business Plan: A well-crafted business plan is necessary to outline your business objectives, financial projections, and operational strategies.
  • Identity Proof: A valid government-issued identity card, such as an Aadhar card, passport, or voter ID, must be provided.
  • Address Proof: Proof of your residential address, such as a utility bill or rental agreement, is typically required.
  • Business Registration: Depending on the program or scheme, you may need to submit proof of your business’s registration, such as a GST certificate or MSME registration.
  • Financial Statements: You may be asked to provide your business’s financial statements, including income statements and balance sheets.
  • Educational Qualifications: Some schemes may require proof of your educational qualifications and experience.
  • Project Report: A detailed project report describing your business, its objectives, and how the funding will be utilized is often required.

It is important to have all necessary documentation prepared and organized prior to applying for the scheme. Failure to provide complete or accurate documents may result in delays during the application process.

Applying for the Government Scheme

The application process for government schemes can vary depending on the scheme and the organization offering it. Here are some general steps to follow when applying:

  1. Visit the Official Website: Go to the official website of the government department, bank, or financial institution offering the scheme. Look for information related to the specific scheme and the application process.
  2. Download the application form: Obtain the application form for the scheme and complete it accurately, ensuring that all required information is provided.
  3. Attach supporting documents: As per the scheme’s guidelines, attach all necessary documents to your application.
  4. Submit your application: Once the form and documents are completed, submit them to the designated authority either online or at a physical branch, as specified in the scheme’s guidelines.
  5. Application Review: The authorities will review your application and documents to assess your eligibility and the viability of your business.
  6. Approval and Disbursement: If your application is approved, you will receive the funds or support as per the scheme’s terms. The disbursement process may vary from scheme to scheme.



Accessing government schemes for women entrepreneurs in India can be a transformative step for women looking to establish and expand their businesses. These schemes offer financial support, training, and other resources that empower women to overcome obstacles and succeed as entrepreneurs. By understanding the eligibility criteria, researching available schemes, preparing necessary documentation, seeking professional guidance, and staying informed, women entrepreneurs can make the most of these opportunities and contribute to India’s economic growth and gender equality. It’s time for women to seize these opportunities and write their own success stories in the world of entrepreneurship.