FM Sitharaman made some crucial announcements in budget 2019 which will definitely give women leaders wings to fly and surely bring some more women leaders in near future. The expansion of the interest subvention programme to all districts for women self-help groups is a crucial movement which will bring positivity and woman SHG member having a verified Jan Dhan account will get an overdraft facility of Rs 5,000 is also a step towards more transparency and empowerment. Now, women can get a loan of Rs 1,00,000 under the Mudra scheme. Relief on angel tax also helps women entrepreneurs. In addition, the increase in deduction that can be claimed for interest paid on housing loans by Rs 1.5 lakh to Rs 3.5 lakh is a remarkable move for women looking at properties up to Rs 45 lakh. Anita Tejwani, Founder, Wingstowills
Shreya Sabharwal the founder and owner at Square Fork Digital Marketing and PR firm says, “It is a matter of great pride for all the women of India, as India's woman Finance Minister, Nirmala Sitharaman presented the budget today which outranged a positive sign for all the women. With a statement like, women went from 'naari to narayani' is an assurance of giving birth to more women leaders in every business. I believe with an introduction and implementation of some policies such as women self-help groups, expansion of the interest subvention programme to all districts. Every woman SHG member having a verified Jan Dhan account getting an overdraft facility of Rs 5,000 sounds great. There was also an announcement on a Rs 1,00,000 loan for women under the Mudra scheme. Also, a great move BJP, in their poll manifesto, promised to provide collateral-free credit of up to Rs 50 lakh for entrepreneurs, out of which 50% of the loan amount will be guaranteed towards female entrepreneurs.”
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