A Memorandum of Understanding was signed on Friday between NSDC and Shri Mahila Sewa Sahakari Bank Limited (of SEWA) to support the latter's project 'Kaushalaya', a joint release issued by SEWA and NSDC said.
It aims to provide training to women in eight priority sectors over the next decade and "create access to finance for more than 96,000 women workers in Gujarat to procure skills and invest in livelihood".
NSDC has agreed to provide a loan of Rs 31.80 crore and a grant of Rs 7.96 crore for the project.
The skills training will be provided in building and construction, handlooms and handicrafts, food processing, agriculture and related trades, salt making, financial management and business counselling, housekeeping and paper products manufacturing, the statement said.
"The collaboration is a big move to encourage more women to become entrepreneurs and add to their family income, earn their livelihood and make them independent," said Dilip Chenoy, Managing Director and CEO of NSDC.
Renana Jhabvala, director of Shri Mahila Sewa Sahakari Bank, noted that more than 50 per cent of our population is in self-employment, most of it in the lower strata, and the MoU "emphasises the importance of skill in self-employment and how skill training within this section of society can contribute to higher income of the individual and increased entrepreneurial opportunities."

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