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Women-led MSME registrations jumped 75% in FY22
Udyam portal, the official gateway for MSMEs (Micro, Small, and Medium Enterprises) to register in India, saw a 75% increase in registrations for women-led MSMEs in the financial year 2021-22.
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Udyam portal, the official gateway for MSMEs (Micro, Small, and Medium Enterprises) to register in India, saw a 75% increase in registrations for women-led MSMEs in the financial year 2021-22.
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In contrast to 4.9 lakh registrations in FY21, there were over 8.59 Lakh registrations by women-led MSMEs in FY 2022. Although a sharp rise, the total share held by women entrepreneurs is still only around 17% of the total count.
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Regardless, the monumental rise of new women-led MSMEs shows how the MSME space is slowly but surely becoming more inclusive. With more and more schemes being launched by the government for the benefit of small businesses, women-led enterprises have not been overlooked.
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