CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which state government has announced an Idea2POC (Proof of Concept) fund of Rupee.10 crore for women entrepreneurs.
A
Karnataka
B
Uttar Pradesh
C
Odisha
D
Andhra Pradesh
Explanation: 

Detailed explanation-1: -This scheme is launched by the Karnataka government to provide an early stage funding to ideas or concepts to establish the proof of concept of the women technocrats.

Detailed explanation-2: -Stree Shakti Yojana The Stree Shakti package is a unique government scheme for women that supports entrepreneurship by providing certain concessions. This woman loan scheme is eligible for women who have the majority of ownership in the business.

Detailed explanation-3: -Mudra Yojana Scheme Mudra Yojana is a scheme that might benefit women seeking to start or expand their small business. Though this is not a scheme designed exclusively for women, it is highly beneficial. Women entrepreneurs can apply for a loan ranging between ₹50000 to ₹10 lakh.

Detailed explanation-4: -State Bank of Mysore SBM has two schemes for women entrepreneurs, the Annapurna Scheme and the Stree Shakti package.

Detailed explanation-5: -NITI Aayog launched the Women Entrepreneurship Platform (WEP) initiative to provide a platform to women entrepreneurs across the country. Under this initiative, the Small Industries Development Bank of India (SIDBI) has collaborated with NITI Aayog to provide financial assistance to women entrepreneurs.

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