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SEHER Programme

06-07-2024

10:23 AM

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1 min read
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Overview:

NITI Aayog's Women Entrepreneurship platform and credit bure have collaborated to launch the SEHER programme.

About SEHER Programme: 

  • It is a comprehensive credit education program designed to enhance financial literacy and business skills among women entrepreneurs.
  • This initiative is expected to enable women to access the financial tools necessary for business growth and job creation.
  • It is an initiative of NITI Aayog's Women Entrepreneurship Platform (WEP) and TransUnion CIBIL.
  • This initiative supports WEP’s goal of improving financing access for women in India’s 63 million MSMEs.

Key facts about the Women Entrepreneurship Platform

  • It was incubated in NITI Aayog in 2018 as an aggregator platform that transitioned as a public-private partnership in 2022 to build a comprehensive ecosystem supporting women entrepreneurs across India.
  • WEP aims at empowering women entrepreneurs by overcoming information asymmetry and providing continuum of support across different pillars - Entrepreneurship promotion, Access to Finance; Market Linkages; Training and Skilling; Mentoring and Networking and Business Development Services.
  • For this, WEP adopts a wide array of interventions with a focus on convergence and collaboration with existing stakeholders.

Q1: What is National Institution for Transforming India (NITI) Aayog?

It was formed via a resolution of the Union Cabinet on 1 January 2015. It was constituted to replace the Planning Commission - instituted in 1950. It is the premier policy think tank of the Government of India, providing directional and policy inputs.

Source: WEP and Transunion Cibil to collaborate to enhance financial literacy and business skills of women entrepreneurs