Source: PIB
Prelims: Women Entrepreneurship Platform
Why in News: WEP is a public-private partnership platform incubated at NITI Aayog aiming at empowering women entrepreneurs
What is the SEHER program?
- The SEHER program aims to empower women entrepreneurs in India with financial literacy and business skills. It focuses on improving awareness about accessing and managing credit, helping women entrepreneurs grow their businesses and contributing to economic development.
- India has 63 million micro, small, and medium enterprises, with 20% owned by women, employing 27 million people. Accelerating women’s entrepreneurship could create over 30 million new women-owned enterprises and 150 to 170 million more jobs.
- SEHER Program is part of WEP’s Financing Women Collaborative (FWC), a first-of-its-kind initiative aimed at accelerating access to finance for women entrepreneur