Deendayal Antyodaya Yojana – National Rural Livelihood Mission (DAY-NRLM) and Small Industries Development Bank of India (SIDBI) signed a Memorandum of Understanding (MoU) to promote women-led enterprises.

National Rural Livelihoods Mission (DAY-NRLM) under the Ministry of Rural Development and Small Industries Development Bank of India (SIDBI) signed a historic Memorandum of Understanding (MoU), marking an important milestone in the journey of women-led enterprises . This strategic partnership brings together the expertise of DAY-NRLM and SIDBI to create a transformational initiative aimed at promoting women-led enterprises among experienced members of Self-Help Groups (SHGs). The primary focus of this collaboration is to demonstrate grassroots level activities that establish a credible and responsive support structure for capacity building of women entrepreneurs (WEs). Furthermore, it aims to institutionalize standard protocols, systems and processes for streamlined access to formal finance, as well as develop a comprehensive framework for new financial products and schemes. This strategic partnership will support women's economic empowerment and entrepreneurship. This initiative reflects the government's commitment to make the entrepreneurship landscape more inclusive and supportive of women-led businesses. ​