Latest GK GS

Updated By: LatestGKGS Desk

Commerce Ministry New “Womaniya on GeM” Initiative To Empower Women Entrepreneurs



Commerce Ministry New “Womaniya on GeM” Initiative To Empower Women Entrepreneurs: Details, Aim, Features, Benefits, Highlights

The Commerce Ministry has announced that the Government e Marketplace [GeM] has launched “Womaniya on GeM” initiative to enable women entrepreneurs and women self-help groups [WSHGs] to sell handicrafts and handloom, accessories, etc. directly to various Government ministries, departments, and institutions.

A 3-minute video highlighting benefits of the Womaniya initiative was launched by CEO GeM, S Radha Chauhan, whereby she explained the following:

Nearly 80 percent women-owned establishments are self-financed,
More than 60 percent of 8 million units are owned and/or led by women entrepreneurs from socially-challenged sections of the society,
Empowering the women entrepreneurs is a step in the direction of poverty alleviation.

Artist Anukta M Ghosh’s artwork “Magan”, an illustration of women empowerment and grace, is the face of Womaniya on GeM.

The initiative aligns with Government’s initiatives for MSMEs, especially to reserve 3 percent in government procurement from women entrepreneurs.

This initiative will also address goals and objectives under the United Nations Sustainable Development Goal 5: Achieve gender equality and empower all women and girls.

About GeM: It is a 100 percent government-owned company set up under the aegis of Ministry of Commerce and Industry.

Constituted: 2016.


Latest Ministry Of Commerce And Industry Updates

» National Medical Devices Promotion Council to be set up under DIPP.

» Commerce Ministry releases report on Industrial Park Rating System in New Delhi

» Government constitutes High Level Advisory Group for India's global trade strategy

» Punjab Government Launched Business First Portal

» Government Launches Digital Platform FIEO GlobalLinker For MSME Exporters

» India’s E-commerce Giant Flipkart Partners with Travel Firm MakeMyTrip