Why in the News?
The Women Entrepreneurship Platform (WEP) and TransUnion CIBIL have launched SEHER, a pioneering credit education program aimed at empowering women entrepreneurs in India.
About Women Entrepreneurship Platform (WEP)
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About SEHER Program
- SEHER aims to provide comprehensive financial literacy content and essential business skills to women entrepreneurs.
- It will facilitate their access to financial tools crucial for business growth and employment creation.
- The program includes personalized resources on financial literacy, emphasizing the importance of building a strong credit history and CIBIL score.
Need for such a program
- India has 63 million MSMEs, with 20.5% being women-owned, employing 27 million people.
- Accelerating women’s entrepreneurship could create over 30 million new women-owned enterprises and 150 to 170 million jobs.
| PYQ:
[2019] “Empowering women is the key to control population growth”. Discuss. |
