Union Nari Shakti Yojana - Summary
Union Nari Shakti Yojana is a special initiative aimed at supporting women-owned and managed MSMEs (Micro, Small, and Medium Enterprises) that are engaged in various operations such as manufacturing, processing, preservation of goods, providing services, or trading activities. This program empowers women entrepreneurs by providing them with essential resources and financial assistance.
Eligibility Criteria for Union Nari Shakti Yojana
To be eligible for Union Nari Shakti Yojana, units must have a minimum of 51% of capital or share capital from women partners. This rule applies to both private and public limited companies, ensuring that women have significant ownership in the enterprise.
Key Features of the Yojana
The main purposes of the Union Nari Shakti Abhiyan include providing CCH (Cash Credit Limits) to meet working capital needs. Additionally, the program offers term loans for various purposes, such as:
- Purchase, construction, or renovation of factories, offices, shops, or godowns
- Acquisition of plant and machinery or other essential equipment
For those interested in more details, you can download the complete implementation guide of the Union Bank of India Nari Shakti Scheme in PDF format. This guide provides comprehensive information on the program and can be accessed through the link provided below.