Updated By: LatestGKGS Desk
Commerce Ministry New “Womaniya on GeM” Initiative To Empower Women Entrepreneurs
Commerce Ministry New “Womaniya on GeM” Initiative To Empower Women Entrepreneurs: Details, Aim, Features, Benefits, Highlights
The Commerce Ministry has announced that the Government e Marketplace [GeM] has launched “Womaniya on GeM” initiative to enable women entrepreneurs and women self-help groups [WSHGs] to sell handicrafts and handloom, accessories, etc. directly to various Government ministries, departments, and institutions.
A 3-minute video highlighting benefits of the Womaniya initiative was launched by CEO GeM, S Radha Chauhan, whereby she explained the following:
Nearly 80 percent women-owned establishments are self-financed,
More than 60 percent of 8 million units are owned and/or led by women entrepreneurs from socially-challenged sections of the society,
Empowering the women entrepreneurs is a step in the direction of poverty alleviation.
Artist Anukta M Ghosh’s artwork “Magan”, an illustration of women empowerment and grace, is the face of Womaniya on GeM.
The initiative aligns with Government’s initiatives for MSMEs, especially to reserve 3 percent in government procurement from women entrepreneurs.
This initiative will also address goals and objectives under the United Nations Sustainable Development Goal 5: Achieve gender equality and empower all women and girls.
About GeM: It is a 100 percent government-owned company set up under the aegis of Ministry of Commerce and Industry.
Constituted: 2016.
