In a significant push toward women’s economic empowerment, financial assistance amounting to Rs 3,47,118 was distributed to 25 women entrepreneurs in Sirsa under the Haryana Matrushakti Udyamita Yojana and Widow Loan Scheme. The cheques were handed over in the presence of Dr. Darshna Singh, District Manager of the Women Development Corporation, highlighting the state government’s commitment to promoting self-reliance among women.
Government’s Vision for Women’s Economic Independence
Speaking at the event, Sahrawat emphasised that the Haryana Government has been implementing various initiatives to make women self-reliant. Among these, the Matrushakti Udyamita Yojana and the Widow Loan Scheme stand out as key programmes designed to provide financial support for women who aspire to start or expand their businesses.
These schemes are part of a broader vision to ensure inclusive growth and provide women with the resources necessary to participate actively in entrepreneurship and self-employment.
Matrushakti Udyamita Yojana: Key Features
The Matrushakti Udyamita Yojana provides crucial support to women entrepreneurs by offering loans up to Rs 5 lakh to start their own ventures. This initiative is particularly beneficial for women seeking to build financial independence and contribute to household and community income.
Highlights of the Scheme:
Loan Amount: Up to Rs 5 lakh for business purposes. Moratorium Period: A three-month grace period before repayment begins. Eligibility: Women aged between 18 and 60 years. Annual family income must be less than Rs 5 lakh. Application Process: Women are required to submit an application form along with essential documents, including: Aadhaar card Parivar Pehchan Patra Income certificate Business details Applications are to be submitted at the Women Development Corporation office for verification and approval.
This initiative not only provides access to credit but also encourages entrepreneurial confidence among women across Haryana.
Widow Loan Scheme: Supporting Vulnerable Women
The Widow Loan Scheme is designed to provide economic support to widowed, divorced, or legally separated women who face financial hardships. Under this programme, eligible women can avail loans up to Rs 3 lakh through banks to establish or expand self-employment ventures.
Eligibility Criteria:
Women who are widowed, divorced, or legally separated. Annual income must not exceed Rs 3 lakh.
By targeting economically vulnerable women, this scheme ensures that financial instability does not limit their potential to achieve economic independence.
A Step Toward Inclusive Growth
The recent disbursement of financial aid in Sirsa marks a significant step in promoting women-led entrepreneurship and improving livelihoods. These schemes not only offer monetary assistance but also foster confidence, self-reliance, and participation in economic activities.
Government officials have reiterated their commitment to expanding such programmes to benefit more women across the state, thereby creating a stronger ecosystem for female entrepreneurs.
Economic Empowerment Through Access to Finance
Financial literacy and access to credit are critical in enabling women to become active contributors to local and state economies. Initiatives like the Matrushakti Udyamita Yojana and the Widow Loan Scheme ensure that women have the resources to break barriers, build businesses, and secure a better future for themselves and their families.
As more women take advantage of these schemes, Haryana moves closer to achieving its goal of fostering a more inclusive and economically empowered society.