Govt’s DAY-NRLM signs MoU with SIDBI to help women SHG members turn entrepreneurs

financialexpress.com

Deen Dayal Antyodaya Yojana – National Rural Livelihood Mission (DAY-NRLM) under the Ministry of Rural Development has signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SIDBI) to promote women-led enterprises among members of Self Help Groups (SHGs). According to a statement by the ministry, the partnership focuses on multiple aspects to boost women entrepreneurship. This included, first enhanced capacity and ability of State Rural Livelihood Missions (SRLM) teams to promote the graduation of seasoned SHG members into micro-entrepreneurs; second, establishment of a reliable and sensitive support architecture for women-led enterprises, involving a network of field cadres, mentors, and experts; third, implementation of standardized protocols within DAY-NRLM to support women-led enterprises.