Current Affairs Exam

Cgarh enforces Women Entrepreneurship Policy

The Chhattisgarh government implemented the State Women Policy 2023-28 to provide financial assistance in manufacturing, service and business.

Chief Minister Bhupesh Baghel said the policy will give a new identity to women’ efficiency and connect them with entrepreneurship.

The policy envisages provision to provide financial assistance (loan) to women for setting up industries. It will help promote startups by women, increase women workforce and also their participation in Industry and trade.

The maximum loan provision is Rs 50 lakh for manufacturing projects, Rs 25 lakh for service enterprise and Rs 10 lakh for other businesses.

Investment incentives will be provided to eligible micro, small and medium manufacturing and service enterprises.

The women enterprises will have other relaxations on net State Goods and Services Tax (SGST) reimbursement, exemption from electricity duty, stamp duty, transport grant, exemption from market fee and rent grant.

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