When was the special incentive scheme for women

Solution

Special Incentive Scheme for Women Entrepreneurs:- In order to ensure adequate participation of women in the micro and small enterprises sector, “Special Scheme for Women Entrepreneurs” started from the year 2015 to provide easy loan facilities from banks to the entrepreneurial women for manufacturing and service sector. Under “Incentive Scheme” the following Financial incentives will be admissible:- 1. Capital subsidy assistance:- 25 percent of total fixed capital investment with a maximum of Rs 25 lakh. 2. Interest subsidy subvention:- 6 percent of the interest payable on loans sanctioned by banks, maximum ₹ 5 lakh per year / per unit.