Why is it in the news?
→ Finance Minister announced SHE-Mart as a new platform for women entrepreneurs.
→ Initiative introduced to expand market access and income opportunities for SHG women.
Category
Economy
Important Points
- SHE stands for Self-help Entrepreneur Marts.
- Planned as community-owned retail outlets within cluster-level federations.
- Supported through enhanced and innovative finance instruments.
- Aim to provide women entrepreneurs better market access and branding.
- Focus on sustainable income avenues and strengthening SHGs.
- Builds on success of Lakhpati Didi programme.
- Signals shift from micro-credit livelihoods to structured women-owned enterprises.
- Provide permanent retail points for SHG-made goods.
- Improve direct market access.
- Support value-added and processed products.
- Lakhpati Didi announced on 15 August 2023.
- Implemented by the Ministry of Rural Development.
- Targets SHG women to earn at least ₹1 lakh annually.
- The government aims to train two crore women under Lakhpati Didi.