Which of the following schemes is, to provide for economic empowerment of So women through development of their entrepreneurial skills in non-farming activities?

Correct option is A

The TREAD Scheme (Trade-Related Entrepreneurship Assistance and Development Scheme) aims to economically empower women entrepreneurs by enhancing their skills and providing financial support for non-farming entrepreneurial activities. This scheme focuses on capacity building and financial assistance to women, particularly in rural and semi-urban areas.

Key Features of TREAD Scheme

1. Provides financial loans through NGOs to women entrepreneurs for their businesses.
2. Offers grants of up to 30% of the loan amount to help women establish or expand their enterprises.
3. Supports training and capacity-building programs to develop entrepreneurial skills.
4. Encourages non-farming activities like manufacturing, services, and trading businesses.
5. Empowers women by enabling them to achieve economic independence.

Information Booster

1. Implemented by the Ministry of Micro, Small, and Medium Enterprises (MSME).
2. Targets women from marginalized and economically weaker sections.
3. Collaborates with NGOs, banks, and training institutions for effective implementation.
4. Promotes self-employment among women and supports their participation in the MSME sector.
5. Facilitates marketing and networking opportunities for women entrepreneurs.

Additional Knowledge

• SFURTI Scheme (Scheme of Fund for Regeneration of Traditional Industries): Focuses on the development of traditional industries and artisans, not specifically women entrepreneurs.
• Usttad Scheme: Aims at skill development for artisans belonging to minority communities, unrelated to women’s entrepreneurial empowerment.
• PMEGP (Prime Minister's Employment Generation Programme): Provides financial assistance for setting up micro-enterprises but is not exclusively for women.
• TREAD Scheme plays a crucial role in fostering women-led businesses, contributing to inclusive economic growth.