Question
Download Solution PDFUnder the Ministry of MSME's Trade-Related Entrepreneurship Assistance and Development (TREAD) scheme, what percentage of the total project cost does the government grant as decided by lending institutions?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 30%
In News
- The TREAD scheme provides financial support to women entrepreneurs in MSMEs.
Key Points
- The government grants up to 30% of the total project cost under the TREAD scheme.
- The scheme is implemented by the Ministry of Micro, Small & Medium Enterprises (MSME).
- It aims to empower women entrepreneurs through financial assistance and skill development.
- The remaining 70% of the project cost is financed by lending institutions.
Additional Information
- TREAD Scheme:
- Focuses on women entrepreneurs in rural and urban areas.
- Provides grants for project cost, skill development, and marketing support.
- Eligibility:
- Women entrepreneurs, self-help groups (SHGs), and NGOs are eligible.
- Other MSME Schemes:
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
- Prime Minister's Employment Generation Programme (PMEGP).
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