Over 18.4 mn women-owned MSMEs in the country, says Jitan Ram Manjhi

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Over 18.4 mn women-owned MSMEs in the country, says Jitan Ram Manjhi - Business Standard

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Manjhi said the government has taken a number of initiatives to increase the participation of women in MSMEs in the country such as amendment of the Public Procurement Policy in 2018 and mandating central ministries and departments and undertaking to procure at least three per cent of their annual procurement from women entrepreneurs to benefit women entrepreneurs.

There are over 1.84 crore women-owned MSMEs in the country and the government has taken a number of initiatives to increase the participation of women in the sector, Union Minister of Micro, Small and Medium Enterprises Jitan Ram Manjhi said on Thursday.

He said in the Lok Sabha that the women owners of Micro, Small, Medium Enterprises (MSMEs) registered on Udyam and Udyam Assist Platform (UAP), since the launch of Udyam on July 1, 2020 and the launch of UAP on January 11, 2023 in the country, is 39 per cent.