In Uttarakhand State’s Micro, Small and Medium Enterprises (MSMEs) Policy 2015, what is the maximum limit of capital subsidy provided to women entrepreneurs ?

Correct option is C

The correct answer is (c) ₹ 25 lakhs

• Under Uttarakhand State’s MSME Policy 2015, the maximum capital subsidy provided to women entrepreneurs is ₹ 25 lakhs.

Key Features of MSME Policy 2015:

• Capital Subsidy:
  • Women entrepreneurs, SC/ST entrepreneurs, and differently-abled entrepreneurs are eligible for a capital subsidy of up to ₹ 25 lakhs.
• Objective:
  • Promote and encourage women-led enterprises and inclusive growth in the MSME sector.
• Target Sectors:
  • Includes manufacturing, services, and agro-based industries.
• Special Incentives:
  • Women entrepreneurs are provided additional benefits like interest subsidies, exemption from stamp duty, and priority in industrial land allotment.

Additional Information:

• The MSME Policy of the Union Government focuses on promoting, facilitating, and developing Micro, Small, and Medium Enterprises (MSMEs) to boost economic growth, employment, and entrepreneurship.

Key Highlights:

• Classification:
  • Micro: Investment ≤ ₹1 crore, Turnover ≤ ₹5 crore
  • Small: Investment ≤ ₹10 crore, Turnover ≤ ₹50 crore
  • Medium: Investment ≤ ₹50 crore, Turnover ≤ ₹250 crore
• Objectives:
  • Enhance competitiveness and productivity.
  • Promote self-reliance, innovation, and skill development.
  • Facilitate access to credit, technology, and markets.
• Schemes and Incentives:
  • Credit Guarantee Fund: Collateral-free loans to MSMEs.
  • PMEGP: Prime Minister's Employment Generation Programme for entrepreneurs.
  • ZED Scheme: Focus on Zero Defect, Zero Effect manufacturing.
  • Interest Subvention: 2% subsidy on loans for MSMEs.
• Digital Push:
  • Integration with e-marketplaces and initiatives like Udyam Registration for MSMEs.