Delhi CM Rekha Gupta launches a new scheme offering women entrepreneurs collateral-free loans up to Rs 10 crore, boosting women’s empowerment and MSME growth.

Chief Minister Gupta hailed this initiative as part of a “golden era” for women’s empowerment in Delhi. Emphasizing the crucial role of women in the nation’s growth, she stressed that inclusive economic development is impossible without harnessing the potential of half the population. “Earlier, governments viewed India’s vast population as a liability, but today, with the right support, women can transform this demographic into a tremendous asset,” she said.

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Under the new scheme, women entrepreneurs can avail loans up to Rs 10 crore without providing any collateral security, making it easier for them to turn innovative ideas into successful ventures. The government aims to create an enabling environment where women can leverage their creativity and hard work backed by strong institutional support.

Quoting Prime Minister Narendra Modi, CM Gupta pointed out, “How will the country develop when half of its population stays locked inside their homes? We need every hand to contribute to society and the nation’s progress.” The scheme aligns with this vision by encouraging women to break barriers and actively participate in the economic mainstream.

The Delhi government’s initiative is expected to bolster the Micro, Small, and Medium Enterprises (MSME) sector by nurturing female-led businesses and fostering entrepreneurship on a large scale. With easy access to substantial funds, women entrepreneurs can expand their operations, create jobs, and contribute significantly to Delhi’s economic development.

This collateral-free loan scheme is a strong testament to Delhi’s commitment to gender equality and economic inclusivity. By providing financial empowerment and removing traditional barriers, the scheme promises to unlock the vast entrepreneurial potential of women across the capital.

For aspiring women entrepreneurs, this scheme opens up new horizons for growth and success, reinforcing Delhi’s position as a progressive state championing women’s rights and economic empowerment.