SWAYATT Initiative: 6 Years of Empowering Startups, Women, and Youth
| Summary/Static | Details |
|---|---|
| Why in the news? | SWAYATT Completes 6 Years of Digital Procurement Success |
| Launch Date | February 19, 2019 |
| Objective | Increase participation of startups, women-led businesses, and youth in public procurement |
| GeM's Social Inclusion Pillar | Facilitates ease of business and market linkages for MSEs, SHGs, and entrepreneurs |
| MoU with FICCI-FLO | Provides direct access for 9,500+ women entrepreneurs to government buyers |
| Startup Growth | Orders worth ₹35,950 Crore fulfilled by 29,000 startups |
| Women-led MSEs on GeM | 1,77,786 Udyam-verified women MSEs, contributing ₹46,615 Crore in orders |
| Dedicated Storefronts | "Startup Runway" & "Womaniya" for enhanced business visibility |