Union Minister Nirmala Sitharaman & World Bank Chief Discuss Empowering Women Leaders

Union Minister Nirmala Sitharaman & World Bank Chief Discuss Empowering Women Leaders

By: WE Staff | Friday, 14 April 2023

Union Minister Nirmala Sitharaman was part of a panel discussion on ‘Empowering Women as Entrepreneurs and Leaders’ in the U.S., capital, Washington DC. The panel was joined by David Malpass, President of World Bank Group, and David Solomon, CEO of Goldman Sachs.

The Indian finance minister on a week-long visit to the U.S. While speaking at the panel, she outlined initiatives to bolster the economic status of women during the IMF/World Bank Spring meetings. She also highlighted how the current Indian government has been promoting the idea of women-led development and not just women-centric development.

“Since 2014, PM Modi has emphasized that we need to have ‘women-led’ development for India instead of just having ‘women-centric’ development. He ensured that zero-balance accounts (Jan-Dhan accounts) were opened for every Indian,” Sitaraman informed an audience of hundreds.

Nirmala also highlighted the various initiatives undertaken by the Govt of India for women’s empowerment, enhancing their economic independence and their outcomes.