NITI Aayog to create cell for women entrepreneurs | Current Affairs, Current Affairs 2017

NITI Aayog to create cell for women entrepreneurs

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Buoyed by the success of Global Entrepreneurship Summit (GES) which concluded here Thursday, NITI Aayog announced setting up of women’s cell to help women entrepreneurs.
The Telangana government also announced three initiatives including setting up of an incubator to encourage women start-ups.
NITI Ayog, a policy think-tank of the Central government, will create a women’s cell to do the handholding for women entrepreneurs.
NITI Ayog ACEO Amitabh Kant told reporters after the end of the GES that the cell will act as a facilitator and catalyst to provide all help including legal and intellectual property help.
The women entrepreneurs will get financing support from Mudra Fund and financial institutions. “We are here to help women entrepreneurs as long as the projects are viable and bankable,” he added.

He said one of the issues discussed at GES was inadequate funding for women. He, however, claimed that under Mudra Loan Scheme, 74 percent funding was given to women.
Kant announced that women’s schools will get priority in selecting schools for tinkering labs under the Atal Innovation Mission. The selected schools will be provided robots and 3D printers.
He also said the incubator under Atal Innovation Mission will also support startups set up by women or designed for women.
Kant announced that the Atal Innovation Mission would partner with the state government for the WE-Hub.

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