With reference to the Vetri Magalir Thozhilmunaivor Membattu Thittam scheme, consider the following statements: 1. The scheme provides financial assistance to women entrepreneurs in Tamil Nadu. 2. The scheme offers loans at a fixed interest rate of 12.5%. 3. Loans are disbursed through the Tamil Nadu Industrial Investment Corporation (TIIC). Which of the statements given above is/are correct?

The Tamil Nadu government aims to boost women’s entrepreneurship through the ‘Vetri

GS3Economy · S&T · Environment · Security· Employment & inclusive growth· Prelims· 28 September 2026

Gender-specific credit access and MSME support: a relevant GS3 Economy and Inclusive Growth case study.

Why in news

The Tamil Nadu government announced the ‘Vetri Magalir Thozhilmunaivor Membattu Thittam’ to provide financial assistance to women entrepreneurs.

Background

The scheme offers loans ranging from ₹10 lakh to ₹5 crore at an interest rate of 9.95%. Loans are disbursed through the Tamil Nadu Industrial Investment Corporation (TIIC).

Facts for Prelims

SchemeVetri Magalir Thozhilmunaivor Membattu Thittam: Tamil Nadu government scheme for women's entrepreneurship
BodyTamil Nadu Industrial Investment Corporation (TIIC): Body responsible for loan disbursement under this scheme
FactLoan amount range: ₹10 lakh to ₹5 crore
FactInterest rate: 9.95%

Prelims practice question

With reference to the Vetri Magalir Thozhilmunaivor Membattu Thittam scheme, consider the following statements:

The scheme provides financial assistance to women entrepreneurs in Tamil Nadu.
The scheme offers loans at a fixed interest rate of 12.5%.
Loans are disbursed through the Tamil Nadu Industrial Investment Corporation (TIIC).

Which of the statements given above is/are correct?

(a)2 only
(b)1 and 2 only
(c)1 and 3 only
(d)1, 2 and 3

Show answer

Answer: (c) 1 and 3 only — Statements 1 and 3 are correct. Statement 2 is incorrect: The interest rate is 9.95%.

For Mains

Q. Discuss how targeted credit schemes for women entrepreneurs can contribute to inclusive economic growth and gender parity in the Indian economy.

Dimensions to cover in your answer

Credit accessibility: Addressing collateral hurdles for women-led MSMEs
Institutional synergy: Role of State Industrial Investment Corporations in grassroots entrepreneurship
Constituency-led identification: Balancing political outreach with objective eligibility criteria

Keywords: Inclusive growth · Gender parity · MSME financing · Credit accessibility · Entrepreneurship

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