Announcing the decision at the women entrepreneurs’ meet organized by the Department of Industries and Commerce here on Wednesday, Industries Minister P Rajeeve said the doubling of the loan amount would help women entrepreneurs under the ‘We-Mission Kerala’ project of Kerala State Industrial Development Corporation (KSIDC) to scale up their businesses.
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Also, the Minister said the moratorium period under the scheme, aimed at identifying, supporting, and promoting women entrepreneurs, will be raised to one year from the current six months.
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Kerala, March 8 (PTI) On International Women’s Day, the Kerala government unveiled major schemes to support women entrepreneurs in the State, including raising the loan limit for women under the ‘We-Mission Kerala’ initiative of KSIDC to Rs 50 lakh from Rs 25 lakh with a five percent interest from April 1.
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