Yeshasvini Scheme for Women Entrepreneurs 2025: Benefits, Eligibility & Application | Yeshasvini Scheme Women Entrepreneurs 2025 | Yashaswini campaign MSME 2025 | Yashasvini initiative Udyami Bharat
The Yeshasvini Scheme for Women Entrepreneurs 2025, launched by the Union Minister for Micro, Small, and Medium Enterprises (MSME), is a transformative initiative aimed at fostering women’s entrepreneurship across India. Designed to empower female entrepreneurs, particularly those operating small-scale and informal businesses, the scheme provides financial assistance, skill development training, and market access to help women scale their enterprises. With a focus on formalizing women-owned micro-enterprises, the Yeshasvini Scheme is a pivotal step toward gender inclusivity in India’s economic landscape. This article delves into the objectives, eligibility criteria, benefits, application process, and broader impact of the Yeshasvini Scheme, highlighting its significance in empowering women entrepreneurs in 2025.
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Yeshasvini Scheme: Background and Context
India has seen a significant rise in women entrepreneurs in recent years, contributing to economic growth and job creation. However, women-owned businesses, especially in the micro and small enterprise sectors, often face challenges such as limited access to capital, lack of formal education, and restricted market opportunities. Recognizing these barriers, the Government of India has introduced various schemes to support women in business, and the Yeshasvini Scheme is one of the most ambitious initiatives to date.
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Yeshasvini Scheme |
Launched on June 27, 2024, during the World MSME Day celebrations in New Delhi, the Yeshasvini Scheme is part of the broader "Empower Her Udan" campaign. The initiative reflects the government’s commitment to fostering sustainable women-led businesses, particularly in tier 2 and tier 3 cities, where access to resources is often limited. By providing targeted support, the scheme aims to formalize informal micro-enterprises, enhance their productivity, and integrate them into the mainstream economy.
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Yeshasvini Scheme Highlights
Aspect | Details |
---|---|
Launch Date | June 27, 2024, during World MSME Day in New Delhi |
Campaign | Part of the “Empower Her Udan” initiative |
Objective | Empower women entrepreneurs by formalizing informal micro-enterprises, providing financial assistance, skill development, and market access |
Target Group | Women entrepreneurs, especially in tier 2 and tier 3 cities, running small-scale or micro-enterprises |
Eligibility |
- Women entrepreneurs - Own or co-own a business (at least 50% ownership) - Small-scale or micro-enterprises, preferably informal - Must meet MSME registration criteria |
Financial Assistance | Collateral-free loans and subsidies (aligned with schemes like Mudra Yojana and Stand-Up India, offering loans up to ₹10 lakh and ₹1 crore, respectively) |
Skill Development | Training in business management, digital marketing, product development, and financial literacy |
Market Access | Connections with corporations and e-commerce platforms like ONDC for broader market reach |
Goal | Support 100,000 women entrepreneurs within a year through skilling and capacity-building |
Implementation | Nationwide, with initial rollout in Jaipur, Rajasthan, on July 19, 2024 |
Application Process |
- Apply via the official MSME website - Submit personal and business details - Upload documents (identity proof, business registration, financial statements) - Await confirmation and further guidance |
Key Features |
- Formalization of informal businesses - Awareness campaigns - Focus on tier 2 and tier 3 cities - Integration with other schemes like Udyogini and Stree Shakti |
Impact | Promotes gender equality, economic empowerment, and inclusive growth by enabling women to scale businesses and access formal systems |
Contact | Official MSME website or local MSME offices |
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Objectives of the Yeshasvini Scheme
The primary objective of the Yeshasvini Scheme is to empower women entrepreneurs by providing them with the tools, resources, and opportunities needed to expand their businesses. The scheme focuses on the following key goals:
- Formalization of Informal Enterprises: Many women-led businesses operate in the informal sector, lacking access to formal banking systems and government support. The Yeshasvini Scheme aims to bring these enterprises into the formal economy through awareness campaigns and support mechanisms.
- Skill Development and Capacity Building: The scheme emphasizes providing formal education and training to women entrepreneurs, equipping them with skills in business management, digital marketing, product development, and financial literacy.
- Access to Capital and Markets: By facilitating access to credit and trade opportunities, the scheme ensures that women entrepreneurs can scale their operations and compete in larger markets.
- Support for Small-Scale Entrepreneurs: The initiative targets small-scale women entrepreneurs, particularly in rural and semi-urban areas, to help them improve the quality and quantity of their products and services.
- Economic Empowerment: By fostering women-led businesses, the scheme contributes to gender equality and economic growth, aligning with India’s vision of becoming a $5 trillion economy.
Eligibility Criteria
To ensure that the benefits of the Yeshasvini Scheme reach the intended beneficiaries, specific eligibility criteria have been established:
- Gender: The scheme is exclusively for women entrepreneurs.
- Business Scale: Only small-scale businesses are eligible, with a focus on micro-enterprises in the informal sector.
- Location: While the scheme is nationwide, it prioritizes women entrepreneurs in tier 2 and tier 3 cities, where access to resources is limited.
- Business Ownership: Applicants must own or co-own the business, with at least 50% ownership in the case of partnerships or group enterprises.
- Registration: Applicants must meet the criteria for formal registration under the MSME framework to avail of the scheme’s benefits.
Key Features and Benefits
The Yeshasvini Scheme offers a comprehensive support system to help women entrepreneurs overcome barriers and achieve sustainable growth. Some of the key features and benefits include:
- Financial Assistance: The scheme provides access to collateral-free loans and subsidies to help women entrepreneurs meet their capital needs. While specific loan amounts vary, the scheme aligns with other government initiatives like the Pradhan Mantri Mudra Yojana and Stand-Up India, which offer loans up to ₹10 lakh and ₹1 crore, respectively.
- Skill Development Programs: The initiative includes workshops and training programs focused on business management, digital marketing, product development, and financial literacy. These programs are conducted in collaboration with local MSME organizations to ensure ongoing support.
- Market Access: The scheme facilitates connections with large corporations and e-commerce platforms like the Open Network for Digital Commerce (ONDC), enabling women entrepreneurs to access broader markets and increase their sales.
- Awareness Campaigns: The Yeshasvini campaign emphasizes mass awareness to educate women about available MSME schemes and resources. This is particularly crucial for women in rural and semi-urban areas who may be unaware of government support systems.
- Support for 100,000 Entrepreneurs: The scheme aims to support 100,000 women entrepreneurs within a year through skilling and capacity-building programs, with a focus on tier 2 and tier 3 cities.
- Integration with Other Schemes: The Yeshasvini Scheme complements other government initiatives like the Udyogini Scheme, Stree Shakti Yojana, and Mahila-E-Haat, creating a robust ecosystem for women entrepreneurs.
Application Process for Scheme
Applying for the Yeshasvini Scheme is a straightforward process designed to be accessible to women entrepreneurs across India. The steps are as follows:
- Visit the Official MSME Website: Eligible applicants must visit the official MSME website to access the application portal.
- Click on ‘Apply Here’: On the homepage, locate and click the “Apply Here” option for the Yeshasvini Scheme.
- Fill Out the Application Form: Enter all required details, including personal information, business details, and ownership documents.
- Upload Necessary Documents: Attach documents such as proof of identity, business registration, and financial statements.
- Review and Submit: Carefully review the application for accuracy and submit it online. Applicants will receive a confirmation upon successful submission.
- Follow-Up: After submission, MSME authorities will review the application and notify eligible candidates about the next steps, such as training programs or loan approvals.
Implementation and Regional Focus
The Yeshasvini Scheme was first rolled out in Jaipur, Rajasthan, on July 19, 2024, under the “Empower Her Udan” campaign. Around 600 women entrepreneurs participated in the inaugural event at the Rajasthan International Centre, where they registered for workshops tailored to their business needs. The choice of Rajasthan as the starting point was strategic, given the state’s rich tradition of women artisans and entrepreneurs. Union Minister Jitan Ram Manjhi emphasized that the scheme aims to leverage the skills of Rajasthan’s women to drive economic empowerment.
The scheme is not limited to Rajasthan and is being implemented nationwide, with a focus on tier 2 and tier 3 cities. This approach ensures that women in less urbanized areas, where entrepreneurial opportunities are scarce, receive adequate support. The Ministry of MSME has partnered with state governments, financial institutions, and NGOs to ensure effective implementation and outreach.
Impact on Women Entrepreneurs
The Yeshasvini Scheme has the potential to transform the landscape of women’s entrepreneurship in India. By addressing key challenges like access to capital, skills, and markets, the scheme empowers women to scale their businesses and contribute to economic growth. For instance, women running small-scale enterprises in sectors like food processing, handicrafts, and retail can benefit from the scheme’s financial and training support to improve product quality and expand their customer base.
The scheme also promotes gender equality by creating opportunities for women to participate equally in economic activities. By formalizing informal enterprises, it ensures that women entrepreneurs gain access to social security benefits, tax advantages, and legal protections. Moreover, the focus on tier 2 and tier 3 cities addresses regional disparities, enabling women in underserved areas to thrive as entrepreneurs.
Challenges and Future Prospects
While the Yeshasvini Scheme is a promising initiative, it faces challenges such as limited awareness among rural women, bureaucratic hurdles in the application process, and the need for sustained funding. To overcome these, the government must invest in grassroots awareness campaigns, simplify application procedures, and ensure timely disbursal of funds.
Looking ahead, the scheme could expand its scope by incorporating advanced technologies like artificial intelligence and blockchain to streamline loan approvals and market access. Collaborations with private-sector players and international organizations could further enhance its impact, positioning India as a global leader in women’s entrepreneurship.
Comparison with Other Schemes
The Yeshasvini Scheme complements other government initiatives like the Udyogini Scheme, which provides financial support for women in small and medium enterprises, and the Stree Shakti Yojana, which offers low-interest loans to women in self-help groups. Unlike the Yashaswini Scheme launched in Goa in 2020, which focused on interest-free loans for women SHGs, the Yeshasvini Scheme has a broader scope, emphasizing skill development and market access alongside financial support.
Conclusion
The Yeshasvini Scheme for Women Entrepreneurs 2025 is a landmark initiative that underscores the Government of India’s commitment to empowering women in business. By providing financial assistance, skill development, and market access, the scheme addresses the unique challenges faced by women entrepreneurs, particularly in the informal sector. With its focus on tier 2 and tier 3 cities, the initiative promotes inclusive economic growth and gender equality. As India strides toward a $5 trillion economy, schemes like Yeshasvini will play a crucial role in harnessing the potential of women entrepreneurs, paving the way for a more equitable and prosperous future. Women interested in availing the benefits of this scheme should visit the official MSME website and take the first step toward transforming their entrepreneurial dreams into reality.
Yeshasvini Scheme for Women Entrepreneurs 2025 FAQs
Q. What is the Yeshasvini Scheme for Women Entrepreneurs 2025?
The Yeshasvini Scheme is a government initiative launched by the Ministry of Micro, Small, and Medium Enterprises (MSME) on June 27, 2024, to empower women entrepreneurs in India. It aims to support women-led micro and small enterprises through financial assistance, skill development, and market access, with a focus on formalizing informal businesses, particularly in tier 2 and tier 3 cities.
Q. Who is eligible to apply for the Yeshasvini Scheme?
To be eligible for the Yeshasvini Scheme, applicants must meet the following criteria:
- Must be a woman entrepreneur.
- Must own or co-own a small-scale business (at least 50% ownership in case of partnerships).
- The business should be a micro-enterprise or small-scale enterprise, preferably in the informal sector.
- Priority is given to women entrepreneurs in tier 2 and tier 3 cities.
- Applicants must meet the criteria for formal registration under the MSME framework.
Q. What are the main objectives of the Yeshasvini Scheme?
- The scheme focuses on:Formalizing women-led informal enterprises.
- Providing skill development and capacity-building training.
- Facilitating access to capital through collateral-free loans and subsidies.
- Enhancing market access through connections with corporations and e-commerce platforms.
- Empowering 100,000 women entrepreneurs within a year through targeted support.
Q. What kind of financial assistance is provided under the scheme?
The Yeshasvini Scheme offers collateral-free loans and subsidies to eligible women entrepreneurs. While specific loan amounts are not detailed, the scheme aligns with initiatives like the Pradhan Mantri Mudra Yojana (up to ₹10 lakh) and Stand-Up India (up to ₹1 crore), depending on the business’s scale and requirements.
Q. What types of training programs are offered under the scheme?
The scheme provides workshops and training in:
- Business management.
- Digital marketing.
- Product development.
- Financial literacy.
- These programs are conducted in collaboration with local MSME organizations to ensure accessibility and relevance.
Q. How does the scheme help with market access?
The Yeshasvini Scheme connects women entrepreneurs with large corporations and e-commerce platforms like the Open Network for Digital Commerce (ONDC). This enables them to expand their customer base, improve product visibility, and access larger markets.
Q. How can I apply for the Yeshasvini Scheme?
- To apply for the scheme, follow these steps:Visit the official MSME website.
- Locate the “Apply Here” option for the Yeshasvini Scheme on the homepage.
- Fill out the online application form with personal and business details.
- Upload required documents, such as proof of identity, business registration, and financial statements.
- Review the application and submit it.
- Await confirmation and further instructions from MSME authorities.
Q. What documents are required for the application?
Applicants typically need to submit:
- Proof of identity (Aadhaar card, PAN card, etc.).
- Proof of business ownership or partnership.
- Business registration documents (if applicable).
- Financial statements or bank details.
- Any additional documents specified on the MSME portal.