The Week That Was: Indian Women Empowerment News Overview (12-16 December)

The Week That Was: Indian Women Empowerment News Overview (12-16 December)

By: WE Staff | Friday, 16 December 2022

The empowerment of women and their equality with men are global issues. "Women empowerment" aims to encourage, uplift, and support women. It also serves as a recognition of the progress made by women and girls in achieving financial security, gender equality, and self-assurance. The incredibly essential mission of empowering women is one that we should all undertake. This is so that empowered women may strengthen the community as a whole and future generations. Girls and women can be empowered in a variety of ways, and the community as a whole needs to work together to make this happen.

WomenEntrepreneurIndia highlights a few recent incidents that have emancipated women in various ways. Look at it.

Finance Ministry Directs Ministries to Furnish Gender Budget Information

The Indian union finance ministry has ordered all ministries to specifically report gender budget allocations and expenditures. This move comes after the ministry of women and child development (WCD) unearthed that only 43 ministries, union territories (UTs) and departments had reported the details for the current financial year, as found by a leading daily.

Ajay Seth, the secretary of department of economic affairs in the finance ministry, sent a letter to all ministries, departments and UTs in which he stated that only 43 of them had reported an amount of Rs 1.71 lakh crore in the gender budget statement. Although the figure has seen an increase of 11.5 percent from the 2021-22 allocations, the current gender budget statement could not capture the actual allocations for women. He mentioned that the cause of this was several ministries and departments not reporting the details of various women centric schemes and programmes.

Indian U-18 Girls Team Wins Silver at Asia Rugby Sevens

India’s U-18 girls team won the silver medal after losing to UAE 26-5 in the final at the recently concluded Asia Rugby Sevens held here.

UAE is the only team to have beaten India as they registered comprehensive victories against Thailand, Nepal and Malaysia in the previous rounds. This equals their record performance of winning the silver medal at the previous edition held in 2021.

IndiGoReach receives the Best CSR Award for Women Empowerment at the 20th FICCI CSR Awards

At the 20th FICCI Corporate Social Responsibility Awards ceremony, IndiGoReach, the CSR division of IndiGo, earned the Best CSR award for its efforts to improve the socioeconomic status of tribal tribes along the Assam-Meghalaya border and to empower tribal women.

In 24 villages in Assam and Meghalaya, IndiGoReach and Grameen Sahara have been collaborating to promote the socioeconomic empowerment of indigenous women. 1,500 female farmers from the programme IndiGoReach have been influenced to promote spices, primarily turmeric, ginger, black pepper, and king chilli.

FSDH Group Presented the 2nd Edition of its "Women in Business" Programme, with the theme "Women on the Rise"

The second iteration of the "Women in Business" Initiative of financial services behemoth FSDH Group had as its topic "Women on the Rise; Leveraging Technology, Community and Capital."

Women and men from a variety of fields, particularly those in business and technology, attended the event, which took place at the Wheatbaker Hotel in Lagos. As FSDH's contribution to the female economy, the FSDH Women in Business Initiative was launched last year to help more businesswomen succeed in their chosen fields of endeavour.

The event focused on how women can harness technology, utilise community, and gain financial empowerment for themselves, and it was intended at business executives, startup founders, and prominent career women from various sectors of the "female economy."

India's Employable ability is Growing, as is the Proportion of Women in the Workforce: India Skills Report

According to The Wheebox India Skills Report 2023, India's employable talent has increased over the last 12 months. The research states that India's employable workforce has increased from 46.2% to 50.3%, meaning that more people were deemed to be employable in comparison to the data from the previous year.

3.75 lakh applicants, or freshmen, were reviewed for the reports. They took the Wheebox National Employability Test (WNET), in which up to 150 businesses representing more than 15 different industries participated.

NITI Aayog announces revised Women Entrepreneurship Portal to sign up 2.5 lakh Women Entrepreneurs

The Women Entrepreneurship Platform (WEP) 3.0 web platform has been launched by the government's think tank for public policy, NITI Aayog, to assist women entrepreneurs in India. The portal aims to sign up 2.5 lakh female entrepreneurs, interact with 500 partners, and hold more than 200 offline and online events to increase their capabilities. The nonprofit organisation for entrepreneurship in India, Global Alliance for Mass Entrepreneurship (GAME), will be in charge of designing, running, and maintaining the site as well as serving as the platform's programme manager for the next three years.

The WEP was created in 2017 to improve the ecosystem for women entrepreneurs in India by bringing together important stakeholders and addressing information asymmetry.

Ziqitza Healthcare reports a Consistent Decline in India's Maternal Mortality Rates

In India, a woman's death during pregnancy or within 42 days of giving birth is referred to as maternal mortality. The death of a mother during childbirth or within six weeks of giving birth can also qualify.

According to the most recent information from the National Crime Records Bureau, Dr. Santosh Datar of Ziqitza Healthcare noted that the Maternal Mortality Ratio in India has decreased from 130 to 97. All four of the nation's regions had an improvement, with rural areas experiencing the greatest decline.

A survey of maternal mortality statistics for India between 2018 and 2020 is part of the newly published research. Assam experienced high rates of maternal mortality during this time.

Hardika Shah's Kinara Capital launches 15 additional Branches; now has 125 Branches in India

Kinara Capital, a rapidly expanding fintech driving MSME financial inclusion, announced the opening of an additional 15 new branches, bringing its total field presence to 125 branches serving MSMEs in more than 100 cities throughout the states of Andhra Pradesh, Gujarat, Karnataka, Maharashtra, Tamil Nadu, Telangana, and UT Puducherry.

The company's customer service will be improved in Tier 2 metropolitan regions thanks to the new branches. Within the next three years, Kinara Capital hopes to assist 200,000 MSMEs. By adding 800 new workers this year, the company increased its staff by 45%, and it intends to hire 2,000 people by FY25.

Serving the MSME sector for more than ten years, Kinara Capital is entirely committed to making it easier for small business owners to acquire loans.

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