Which ministry launched the Swavalambini initiative in March 2025 to promote women entrepreneurship in India?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4: Ministry of Skill Development and Entrepreneurship.
Explanation:-
- In March 2025, the Ministry of Skill Development and Entrepreneurship (MSDE) launched the 'Swavalambini Initiative' to promote women entrepreneurship in India.
- The primary objective of this initiative is to make women self-reliant and provide them with the necessary skills, training, and resources to start their own businesses.
Key points of the 'Swavalambini Initiative':-
- Objective: To empower women entrepreneurs and ensure their economic self-reliance.
- Training: Under this initiative, women are provided with vocational skill training in various sectors so they can establish successful startups and small-scale industries.
- Financial Assistance: Along with training, the initiative assists women in the process of obtaining loans from banks and other financial institutions.
- Networking: It provides a platform for women entrepreneurs to connect with experienced mentors.
- About the Ministry of Skill Development and Entrepreneurship (MSDE):-
- This ministry was established in 2014 to give momentum to the 'Skill India' mission.
- It administers several important schemes, such as the Pradhan Mantri Kaushal Vikas Yojana (PMKVY).
Important questions for upcoming exams:
Question: What is the primary goal of the 'Swavalambini Initiative'?
Answer: To promote women entrepreneurship and make them self-reliant through skill training.
Question: Under which ministry is the 'Skill India' mission operating in India?
Answer: Ministry of Skill Development and Entrepreneurship.
Question: The 'Swavalambini' scheme, which has been in the news recently, is associated with the empowerment of which group?
Answer: Women.