Lok Sabha Question No. 1259 (UNSTARRED), answered on 2017-12-22
Subject: Scheme for Promotion of Women Entrepreneurs
Ministry: WOMEN AND CHILD DEVELOPMENT
Asked by: MANOJ KUMAR SINHA

## GOVERNMENT OF INDIA MINISTRY OF WOMEN AND CHILD DEVELOPMENT

## LOK SABHA UNSTARRED QUESTION NO. 1259

TO BE ANSWERED ON 22.12.2017

## SCHEME FOR PROMOTION OF WOMEN ENTREPRENEURS

## 1259 SHRI MANOJ TIWARI:

Will the Minister of WOMEN AND CHILD DEVELOPMENT be pleased to state:

- (a) whether  the  Government  implements  any  scheme  for  the  promotion  of  women entrepreneurship in the country;
- (b) if so, the details thereof;
- (c) the funds allocated/released along with the success achieved thereunder during each of the last three years and current year, State/UT-wise?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF WOMEN AND CHILD DEVELOPMENT (DR. VIRENDRA KUMAR)

- (a) &  (b)  Rashtriya  Mahila  Kosh  (RMK),  a  society  registered  under  the  Societies Registration Act, 1860 under the aegis of Ministry of Women  and Child Development,  provides  micro-credit  to  poor  women  for  various  livelihood  and income generating activities at concessional terms in a client-friendly manner so as to bring  about  their  socio-economic  development.  Among  the  other  things  RMK  also promotes and supports expansion of entrepreneurship skills among women.

Micro-credit  is  provided  to  the  women  beneficiaries  through  Intermediary  Microfinancing  Organisations  (IMOs)  viz.,  NGOs,  Women  Federations,  Co-operatives, Not-For-Profit  Companies  registered  under  Section  25  of  the  Companies  Act  and other Voluntary/ Civil Society Organisations engaged in income generation activities, housing, micro enterprises etc. Details of Loan Schemes of RMK is Annexed .

- (b) Details  of  loans  released  during  each  of  the  last  three  years  and  current  year, State/UTs-wise is as under:
- (a) &(d) No Madam, does not arise.

| S. No.                                | State/UT-wise                         | Loan Released(Rs in Lacs)   |
|---------------------------------------|---------------------------------------|-----------------------------|
| For the year 2014 - 2015              | For the year 2014 - 2015              | For the year 2014 - 2015    |
| 1.                                    | Bihar                                 | 25.00                       |
| 2.                                    | Jammu &Kashmir                        | 35.00                       |
| 3.                                    | Jharkhand                             | 49.50                       |
| 4.                                    | Karnataka                             | 7.50                        |
| 5.                                    | Rajasthan                             | 10.00                       |
| 6.                                    | Tamil Nadu                            | 142.00                      |
| 7.                                    | West Bengal                           | 65.00                       |
| Total                                 | Total                                 | 334.00                      |
| For the year 2015-16                  | For the year 2015-16                  | NIL                         |
| For the year 2016-17                  | For the year 2016-17                  |                             |
| 1.                                    | West Bengal                           | 55.00                       |
| Total                                 | Total                                 | 55.00                       |
| For the year 2017-18(Till 18/12/2017) | For the year 2017-18(Till 18/12/2017) | NIL                         |

*******

## ANNEXURE REFERRED TO IN REPLY OF LOK SABHA UNSTARRED QUESTION NO. 1219 REGARDING 'WOMEN EMPOWERMENT THROUGH SELF HELP GROUPS' FOR 22.12.2017 RAISED BY SHRI SIRAJUDDIN AJMAL.

## Loan schemes operating under the Rashtriya Mahila Kosh (RMK) are as under:

- i) Loan  Promotion  Scheme:  This  scheme  is  for  providing  loans  to  new  and  smaller organizations with experience  of at least 6 months  in  thrift and  credit.  The organization can avail a maximum loan up to Rs. 10 Lakhs.
2. ii) Main  Loan  Scheme:  This  scheme  is  for  providing  loans  to  organizations  having minimum 3 years' experience in thrift and credit activities. The organization can avail maximum loan upto 2 Crores for 1 state. An organization can avail loan under the scheme for a maximum number of 3 states at a time. If the organization avails loan for more than 1 state, then the maximum loan amount can be upto 6 Crores.
3. iii) Gold Credit Card Scheme: This Scheme is for providing bulk loans to medium and large NGOs. This scheme is meant for organization which has in the past availed loan from  RMK  and  have  not  defaulted  in  repayment.  The  organization  can  avail  a maximum loan upto Rs. 5 Crores.
4. iv) Housing Loan Scheme: This scheme is for providing loan for construction/repair and maintenance of houses to women who are members of Self Help Group/Joint Liability Groups(JLGs). This loan is provided through IMOs/NGOs/VOs. The organization can avail a maximum loan upto Rs. 1,00,000/- per beneficiary for construction of low cost house.  The  organization  has  to  mortgage  the  immovable  property  created  out  of RMK's loan by deposit of the title deed (i.e., equitable mortgage). The NGO/IMO/VO may hold the deeds in trust for RMK and details of the same be captured in RMK database.  An  NGO/IMO/VO  can  avail  a  maximum  loan  upto  Rs.  6  Crores  for  a maximum of 3 states at a time.
- v) Working Capital Term Loan (WCTL):  This scheme is for providing working capital term  loan  to  the  intermediary  organization  for  backward  and  forward  marketing linkage  of  product  of  Women  SHGs/  Individuals  and  group  entrepreneurs,  namely technology transfer, education and skill up gradation.
6. vi) Repeat Loan Scheme: For a repeat loan, the NGO/IMO must have promptly repaid 80% of the precious loan without any break or delay in repayment.