Question

Write any four government schemes that helps small scale entrepreneurs to gain capital.

Hint:

Name schemes that give loans, subsidy or guarantee to small businesses, such as MUDRA.

Answer 1

Step 1: Understand the need:
Small scale entrepreneurs often lack money and collateral to start or grow a business. The Government of India runs schemes that give loans, subsidy or loan guarantees to help them.

Step 2: Four government schemes:
1. Pradhan Mantri MUDRA Yojana (PMMY): gives collateral-free loans to small and micro businesses through banks and other lenders.
2. Prime Minister's Employment Generation Programme (PMEGP): gives a credit-linked subsidy to help set up new micro enterprises.
3. Stand-Up India: supports women and SC/ST entrepreneurs with bank loans to set up a new enterprise.
4. Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE): gives a guarantee cover so banks lend without asking for collateral.

Final Answer:
PMMY (MUDRA), PMEGP, Stand-Up India and CGTMSE are four government schemes that help small entrepreneurs get capital.