Karnataka’s Udyogini Scheme Boosts Women Entrepreneurship Through Subsidised Loans

The Government of Karnataka’s Udyogini Scheme, introduced in 1997-98 and amended in 2004-05, continues to drive women’s economic empowerment across the state. The initiative aims to help women gain financial independence through self-employment, particularly in trade and the service sector.

Financial Assistance and Subsidy

Under this scheme, women can avail themselves of subsidised loans through the Karnataka State Women’s Development Corporation (KSWDC). The loans are offered via formal financial institutions, including commercial banks, district cooperative banks, and Regional Rural Banks (RRBs). 

The subsidy on loans significantly reduces the financial burden, allowing women to start and grow their small-scale enterprises without relying on private moneylenders who often charge high interest rates.

Encouraging Micro Enterprises

Udyogini supports a wide range of profitable micro and small business activities. Some of the approved ventures include bookbinding and notebook manufacturing, chalk and crayon production, jam and pickle making, papad manufacturing, saree embroidery, printing and dyeing, and wool weaving. These activities are selected for their low capital requirements and potential for sustainable income generation.

Impact on Women Empowerment

The scheme has played a crucial role in fostering economic inclusion by giving women access to structured credit and entrepreneurial opportunities. It not only boosts income levels but also builds confidence and social status among women entrepreneurs.

Also Read: Delhi Govt Launches Collateral-Free Loans for Women Entrepreneurs!

Conclusion

The Udyogini Scheme continues to serve as a vital instrument in Karnataka’s women empowerment initiatives. By supporting self-employment through financial aid and training, it helps women transition from dependency to economic independence, creating a ripple effect of growth in rural and semi-urban communities.

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