{"id":2090,"date":"2023-03-31T12:39:00","date_gmt":"2023-03-31T07:09:00","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=2090"},"modified":"2023-04-24T12:50:41","modified_gmt":"2023-04-24T07:20:41","slug":"women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/business\/women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs\/","title":{"rendered":"Women Entrepreneurs in India : BharatPe Partners with NITI Aayog&#8217;s WEP to Support Women Entrepreneurs"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/business\/women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs\/#Women_Entrepreneurs_in_India_BharatPe_collaborates_with_NITI_Aayogs_Women_Entrepreneurship_Platform_to_empower_MSMEs_in_India\" >Women Entrepreneurs in India : BharatPe collaborates with NITI Aayog&#8217;s Women Entrepreneurship Platform to empower MSMEs in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/business\/women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs\/#B_Why_this_News_is_important\" >B) Why this News is important:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/business\/women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs\/#C_Historical_context\" >C) Historical context:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/business\/women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs\/#D_Key_takeaways_from_%E2%80%9CBharatPe_collaborates_with_NITI_Aayogs_Women_Entrepreneurship_Platform_to_empower_MSMEs_in_India%E2%80%9D\" >D) Key takeaways from &#8220;BharatPe collaborates with NITI Aayog&#8217;s Women Entrepreneurship Platform to empower MSMEs in India&#8221;:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/business\/women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/business\/women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs\/#Q_What_is_BharatPe\" >Q. What is BharatPe?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/business\/women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs\/#Q_What_is_NITI_Aayogs_WEP\" >Q. What is NITI Aayog&#8217;s WEP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/business\/women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs\/#Q_What_is_the_partnership_between_BharatPe_and_NITI_Aayogs_WEP\" >Q. What is the partnership between BharatPe and NITI Aayog&#8217;s WEP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/business\/women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs\/#Q_How_will_the_partnership_benefit_women_entrepreneurs\" >Q. How will the partnership benefit women entrepreneurs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/business\/women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs\/#Q_How_will_the_partnership_contribute_to_the_governments_goal_of_promoting_entrepreneurship_in_India\" >Q. How will the partnership contribute to the government&#8217;s goal of promoting entrepreneurship in India?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/business\/women-entrepreneurs-in-india-bharatpe-partners-with-niti-aayogs-wep-to-support-women-entrepreneurs\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Women_Entrepreneurs_in_India_BharatPe_collaborates_with_NITI_Aayogs_Women_Entrepreneurship_Platform_to_empower_MSMEs_in_India\"><\/span>Women Entrepreneurs in India : BharatPe collaborates with NITI Aayog&#8217;s Women Entrepreneurship Platform to empower MSMEs in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>BharatPe, an Indian fintech firm, has partnered with NITI Aayog&#8217;s Women Entrepreneurship Platform (WEP) to support women entrepreneurs in the micro, small and medium enterprise (MSME) sector. This partnership aims to provide easy access to working capital loans, supply chain finance, and other financial services to women-led MSMEs.<\/p>\n\n\n\n<p>The Women Entrepreneurship Platform (WEP) is a government initiative to promote and support women entrepreneurs in India. The platform provides various services to women entrepreneurs such as training, mentoring, networking, and funding.<\/p>\n\n\n\n<p>BharatPe will collaborate with WEP to provide financial literacy and skill development programs to women entrepreneurs in rural and semi-urban areas. The partnership will also offer access to digital payment solutions, which will help to facilitate cashless transactions and promote financial inclusion.<\/p>\n\n\n\n<p>This collaboration is a step towards empowering women-led MSMEs in India, as they face several challenges in accessing finance, technology, and markets. Women entrepreneurs often lack the resources and support needed to grow and scale their businesses. This partnership between BharatPe and WEP aims to bridge this gap and promote women&#8217;s economic empowerment.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\" id=\"Women-Entrepreneurs-in-India\"><img decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/Women-Entrepreneurs-in-India-1024x768.png\" alt=\"Women Entrepreneurs in India\n\" class=\"wp-image-2091\" title=\"Women Entrepreneurs in India\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/Women-Entrepreneurs-in-India-1024x768.png 1024w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/Women-Entrepreneurs-in-India-300x225.png 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/Women-Entrepreneurs-in-India-768x576.png 768w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/Women-Entrepreneurs-in-India-1320x990.png 1320w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/Women-Entrepreneurs-in-India.png 1440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Women Entrepreneurs in India<br><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"B_Why_this_News_is_important\"><\/span>B) Why this News is important:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Collaborations such as the one between BharatPe and NITI Aayog&#8217;s Women Entrepreneurship Platform are critical for promoting women&#8217;s economic empowerment in India. Women entrepreneurs face several challenges in accessing finance, technology, and markets, which limit their ability to grow and scale their businesses. By partnering with WEP, BharatPe aims to provide women-led MSMEs with access to financial services, digital payment solutions, and skill development programs.<\/p>\n\n\n\n<p>The collaboration will also help to promote financial inclusion in rural and semi-urban areas, where women entrepreneurs often lack access to banking services. By providing digital payment solutions, BharatPe and WEP aim to facilitate cashless transactions, which will improve the efficiency of business operations and reduce transaction costs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"C_Historical_context\"><\/span>C) Historical context:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Indian government has launched several initiatives to promote entrepreneurship and support MSMEs in the country. The Women Entrepreneurship Platform (WEP) was launched in 2018 to provide a platform for women entrepreneurs to showcase their business ideas and connect with investors and mentors.<\/p>\n\n\n\n<p>BharatPe, founded in 2018, is a leading Indian fintech firm that provides digital payment solutions to merchants. The company has raised over $400 million in funding and has expanded its services to offer working capital loans, supply chain finance, and other financial services to MSMEs in India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"D_Key_takeaways_from_%E2%80%9CBharatPe_collaborates_with_NITI_Aayogs_Women_Entrepreneurship_Platform_to_empower_MSMEs_in_India%E2%80%9D\"><\/span>D) Key takeaways from &#8220;BharatPe collaborates with NITI Aayog&#8217;s Women Entrepreneurship Platform to empower MSMEs in India&#8221;:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Serial Number<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1.<\/td><td>BharatPe has partnered with NITI Aayog&#8217;s Women Entrepreneurship Platform to provide financial services and skill development programs to women-led MSMEs.<\/td><\/tr><tr><td>2.<\/td><td>The partnership aims to promote women&#8217;s economic empowerment by addressing the challenges faced by women entrepreneurs in accessing finance, technology, and markets.<\/td><\/tr><tr><td>3.<\/td><td>BharatPe and WEP will offer access to digital payment solutions, which will help to facilitate cashless transactions and promote financial inclusion.<\/td><\/tr><tr><td>4.<\/td><td>The collaboration will also provide financial literacy and skill development programs to women entrepreneurs in rural and semi-urban areas.<\/td><\/tr><tr><td>5.<\/td><td>This partnership is a step towards bridging the gap between women-led MSMEs and the resources and support they need to grow and scale their businesses.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Women Entrepreneurs in India<br><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span>Important FAQs for Students from this News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_BharatPe\"><\/span>Q. What is BharatPe? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A. BharatPe is a fintech company that offers digital payment solutions to small and medium-sized enterprises (SMEs) and merchants.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_NITI_Aayogs_WEP\"><\/span>Q. What is NITI Aayog&#8217;s WEP? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A. NITI Aayog&#8217;s Women Entrepreneurship Platform (WEP) is an initiative launched by the Indian government in 2018 to promote and support women entrepreneurs in the country.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_the_partnership_between_BharatPe_and_NITI_Aayogs_WEP\"><\/span>Q. What is the partnership between BharatPe and NITI Aayog&#8217;s WEP? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A. BharatPe has partnered with NITI Aayog&#8217;s WEP to support and empower women entrepreneurs in the SME sector in India by providing them with access to financial services and digital payment solutions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_will_the_partnership_benefit_women_entrepreneurs\"><\/span>Q. How will the partnership benefit women entrepreneurs?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p> A. The partnership will help women entrepreneurs in the SME sector to overcome financial barriers and gain access to credit and other financial services that are essential for the growth of their businesses.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_will_the_partnership_contribute_to_the_governments_goal_of_promoting_entrepreneurship_in_India\"><\/span>Q. How will the partnership contribute to the government&#8217;s goal of promoting entrepreneurship in India?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p> A. The partnership between BharatPe and NITI Aayog&#8217;s WEP will help to promote entrepreneurship among women in the SME sector in India, which is a key priority for the government. By providing them with access to financial services and digital payment solutions, the partnership will help to create a more supportive environment for women entrepreneurs in the country.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/international\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Banking Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/railway\/\" target=\"_blank\" rel=\"noreferrer noopener\">Railways Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link 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href=\"https:\/\/edunovations.com\/currentaffairs\/category\/news-and-notifications\/\" target=\"_blank\" rel=\"noreferrer noopener\">News and Notifications<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg\" alt=\"Download this App for Daily Current Affairs MCQ&#039;s\" class=\"wp-image-247\" title=\"\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-300x50.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-768x128.jpg 768w\" sizes=\"(max-width: 900px) 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This partnership aims to provide easy access to working capital&#8230;<\/p>\n","protected":false},"author":5,"featured_media":2092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142,10],"tags":[1500,1496,466,179,1497,1501,1499,1498],"class_list":["post-2090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-national","tag-bharatpe","tag-digital-payment-solutions","tag-financial-inclusion","tag-india","tag-niti-aayog","tag-partnerships","tag-smes","tag-women-entrepreneurship"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/2090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=2090"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/2090\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/2092"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=2090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=2090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=2090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}