Delhi Chief Minister Rekha Gupta announces that the Delhi government will provide collateral-free loans of up to ₹10 crore for women-led startups and self-help groups (SHGs). According to the announcement, the government will act as a guarantor for these loans, removing the need for collateral for eligible borrowers. The plan is discussed in connection with efforts to expand economic opportunities for women in the national capital and support entrepreneurship among women-led businesses and SHGs. Alongside the loan scheme, the Delhi government also plans to set up platforms in malls and large shopping complexes across the city to help indigenous products made by women SHGs reach a wider market. The announcement comes as Gupta addresses the inauguration of a two-day Mega SHG Mela in Rohini, which is aimed at bringing together self-help groups and promoting initiatives linked to local production. The outlets report the same core components: collateral-free financing up to ₹10 crore, coverage for women-led startups and SHGs, and the Delhi government’s role as guarantor.
Delhi government announces up to ₹10 crore collateral-free loans for women-led startups
Delhi Chief Minister Rekha Gupta announces that the Delhi government will provide collateral-free loans of up to ₹10 crore for women-led startups and self-help groups (SHGs). According to the announce...
- Delhi Chief Minister Rekha Gupta announces collateral-free loans for women-led startups and self-help groups.
- Loans are available up to ₹10 crore under the scheme.
- The Delhi government will act as guarantor for these collateral-free loans.
- The initiative includes plans for market access through platforms in malls and large shopping complexes.
- The announcement is made during/around a two-day Mega SHG Mela in Rohini.
Delhi govt to give Rs crore loan to womenled startups selfhelp groups
3 months agoThe Delhi government will offer collateral-free loans of up to Rs 10 crore to women-led startups and self-help groups (SHGs), with the government acting as guarantor, Chief Minister Rekha Gupta announced on Sunday.
3 months agoDelhi government will provide collateral-free loans of up to Rs 10 crore to women-led start ups and self help groups in the national capital, Chief Minister Rekha Gupta said on Sunday. The government will also provide platforms in malls and large shopping complexes across the city to help indigenous products made by women self-help groups (SHGs) reach a wider market. "We are working on a wider scale to make the women of the capital self-reliant, entrepreneurial, and economically empowered. Arrangements have been made for providing collateral-free loans up to Rs 10 crore to women self-help groups and startups," Gupta said in a statement. She said the Delhi government itself would act as guarantor for such loans extended to women start ups and SHGs. Addressing the inauguration of a two-day 'Mega Self Help Group (SHG) Mela-2026' organised in Rohini on Saturday, Gupta said that Prime Minister Narendra Modi has consistently promoted the vision of 'Vocal for Local', 'Atmanirbhar Bharat',
3 months ago
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