T.N. government steps up support for enterprises headed by women
The Tamil Nadu government has launched the ‘Vetri Magalir Thozhilmunaivor Membattu Thittam’ to provide institutional loans to women entrepreneurs. The scheme offers loans between ₹10 lakh and ₹5 crore to help women establish and scale their businesses.
Why it matters
This initiative aims to bridge the gender gap in entrepreneurship and stimulate local economic growth through targeted financial support.
The Tamil Nadu government hopes to expand women’s participation in entrepreneurship and economic activity through the ‘Vetri Magalir Thozhilmunaivor Membattu Thittam’, providing accessible institutional finance to eligible women aspiring to start and grow their own enterprises. The idea is to ensure women have access to the capital and institutional support required to turn their entrepreneurial aspirations into viable businesses.
“There are thousands of women across Tamil Nadu with the ambition, ability, and determination to build their own enterprises, but access to capital can often be the barrier between an idea and a business. The Vetri Magalir Thozhilmunaivor Membattu Thittam is designed to help bridge that gap,” said S. Keerthana, Minister for Industries and Investment Promotion.
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