Women, Child Development and Entrepreneurship Committee, PHD Chamber organized a Discussion on the Loan schemes for women entrepreneurs on 14th July 2022 in PHD House, New Delhi


July 15, 2022

New Delhi

Women, Child Development and Entrepreneurship Committee, PHD Chamber organized a Discussion on the Loan schemes for women entrepreneurs on 14th July 2022 in PHD House, New Delhi.

The discussion was to create a platform where women entrepreneurs discussed their issues regarding finances who want to expand their businesses. Speakers discussed different loan schemes for women entrepreneurs and offered loans for businesses and startups.

Rakhi Aswal, CFO ,Saxo Group said India is far behind what they want to achieve at 50% while from 2010-2020 women workforce has fallen from 26% to 19% and in the last 2 year in the pandemic it has fallen to 9% from 19% . For which women need to be taught about financial independence as 80% women don’t have financial independence and 62% women don’t even have bank accounts and 91% of women don’t join the workforce.

In Denmark there is 1 year maternity leave where both parents are liable for upbringing of their child.

Ravi Kaushal, Chief Manager, SBI stated that Women are gifted with communication skills, empathy and flexibility to adjust. MSME‘s contribution in GDP is 31% , manufacturing 37% ,Export 40.5% and people employed are 11.10 crore.

There are many schemes for Entrepreneurs but one directed especially to women is Stand -up India for women, SC and ST where the only policy to be followed is a green field project (new project) where there is charge for their assets.

All organisations have been mandated to hire 33% of women force- Ms Amrita Dubey, Secured & Unsecured Loans, Small Business Banking, Vice President, Axis Bank Ltd*

Shresha Srivastava, Circle Head, Axis Bank said that With increased digitalisation especially after Covid-19 loans can be taken through Apps just registering on the App. Bank now provides a Top up health cover plan that is a health insurance to its customer of 30 lakh to 50 lakh amount just by paying Rs 2500.

Amrita Dubey, Secured & Unsecured Loans, Small Business Banking , Axis Bank Ltd threw light on how a bank grows when a customer grows. Bank motto is customer and bank grow together where they believe in gender equality.

For Agripreneur there are various programs in the agriculture department like micro financing and funding of Rs 10,00 to 50,000 .It has also been noted that rural women are less defaulter compared to men for which their CIBIL ratio is not necessary.

Dr Aruna Abhey Oswal, Chairperson, WCD&E Committee, PHDCCI delivered the welcome address. Dr Blossom Kochhar, Co-Chairperson delivered the vote of thanks. Mr Saurab Sanyal, Secretary General, PHDCCI delivered the Introductory remarks. The event was moderated by Ms Mili Dubey, Director, PHDCCI

The event witnessed more than 80 participants and other delegates.

The event was sponsored by OSWAL GREENTECH LTD and Blossom Kochhar Beauty Products Pvt Ltd. and PHDCCI’s Annual Sponsors – Multani Pharmaceuticals Ltd; Star Wire; PG Industry; Uflex Ltd; DLF Ltd; Continental Carriers Pvt Ltd; Belair Travel & Cargo Pvt Ltd; Radico Khaitan Ltd; Jindal Steel & Power; MMG Group; Paramount Communications; Superior Industries Limited; JK Tyre & Industries Ltd; SMC Investments and Advisors Ltd; Crystal Crop Protection Ltd; Sagar Group of Industries; Samsung India Electronics; Comtech Interio; R E Rogers; AYUSH Herbs Private Ltd; Apeejay Stya Group; DCM Shriram; EaseMyTrip; Blossom Kochhar Beauty Products Pvt Ltd; Oswal Greentech; Trident Group; MV Cotspin Ltd; Synergy Environics Ltd; Ajit Industries Pvt Ltd; P S BEDI & Co.; Indian Farmer &Fertilizers Corporation Ltd; Jindal Steel; Hindware Sanitary; Modern Automobiles; Livit Ltd; Central Coalfields Ltd ; Axa Parenterals; Bhagwati Plastic and Pipes Industries; J K Insurance Brokers Ltd; DD Pharmaceutical Ltd.


Warm Regards,

Media Division

PHD Chamber of Commerce and Industry