December 6, 2024
Sushmita Dev’s supplementary question on women entrepreneurs and green mobility: Government’s efforts in removing hurdles of credit history and collateral for women entrepreneurs

Sir, this question pertains to women entrepreneurs and green mobility. But, our concern is financial mobility. Apart from Self Help Groups– I realize that this question is on rural entrepreneurs–, I feel that women-led MSMEs also form the backbone of economy of every State. Sir, in the last ten years, 57 lakhs new MSMEs have given 1.3 crore jobs in the State of West Bengal and women have played a very important role in it. I would like to tell the hon. Minister that in the traditional banking institutions, collateral is a problem for women. Apart from that, a lot of women do not have a credit history. So, I appreciate the training part, I appreciate the role private companies are playing, but what steps the Government is taking to overcome these hurdles with traditional banking institutions.