Trade Related Entrepreneurship Assistance & Development (TREAD) Scheme

Q.  Which of the following is/are true regarding Trade Related Entrepreneurship Assistance and Development (TREAD) Scheme?

1) It is for women only.
2) It is only for non-farm activities.
- Published on 17 Nov 16

a. Only 1
b. Only 2
c. Both 1 and 2
d. Neither 1 nor 2

ANSWER: Both 1 and 2
 
    Ministry of Micro, Small and Medium Enterprises (MSME) is operating 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.
  • The lending institutions/ banks would finance loan assistance for a group of women through NGOs for undertaking non- farm activities.

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