Q. The Recently launched scheme titled "Trade Related Entrepreneurship Assistance and Development (TREAD)" by the Ministry of Micro, Small and Medium Enterprises (MSME) aims to promote:
Answer:
Women entrepreneurs
Notes: Recently, Ministry of Micro, Small and Medium Enterprises (MSME) has started a scheme titled "Trade Related Entrepreneurship Assistance and Development (TREAD)" to promote women entrepreneurs. The scheme envisages economic empowerment of women through trade related training, information and counselling activities related to trades, products, services, etc. Under the scheme, there is a provision for Government of India grant up to 30% of the loan/credit maximum up to Rs. 30.00 lakh as appraised by lending institutions/ banks, thus, promoting "small-scale entrepreneurs". An entrepreneur who has made investment in plant and machinery up to Rs 1.00 crore is called "small-scale entrepreneur", while an entrepreneur who has made investment in plant and machinery more than Rs 5.00 crore is called ‘large-scale entrepreneur.’