The Week That Was: Indian Women Empowerment News Overview (14-19 November)

The Week That Was: Indian Women Empowerment News Overview (14-19 November)

By: WE Staff | Saturday, 19 November 2022

The empowerment of women is the most effective tool for advancement of women as well as the economy. We now understand how important it is for society development, political stability, and economic expansion. Academics, world leaders, and authorities have come out in support of this bold initiative. One of the major movements in India right now is the empowerment of women, and several Indian women have established themselves as the movement's pillars. They surely serve as a great inspiration to everyone due to their unwavering commitment to their work and their charitable activities. 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.

A few recent events that have given women more influence in various ways are listed on the website WomenEntrepreneurIndia. Take a look at it.

The 10,000 Women Growth Fellowship at Goldman Sachs is Accepting Applications

Graduates of the 10,000 Women online course at Goldman Sachs can now apply for the 10,000 Women Growth Fellowship.

The chosen winners will receive an invitation to the Goldman Sachs offices in New York in 2023 for a three-day intensive programme of individualised training, coaching, and advisory sessions with senior leaders and experts from Goldman Sachs as well as other partners from the 10,000 Women programme. A four-month virtual coaching programme will come after that.

For 10,000 women graduates from nations including Nigeria, Kenya, Mexico, India, Uganda, Colombia, China, and others who are leading some of their countries' most cutting-edge firms, the Fellowship is a three-day intensive programme of activities followed by a four-month mentorship programme.

Sundargarh Industries Contributes one crore rupees to Women's SHGs

A total of five industries have agreed to provide local women's self-help organisations contracts worth at least one crore (SHGs). Several other industries committed to exploring potential business partnerships with SHGs at a district-level investors' meet entitled "SHG to SME: Invest in her," which was held on Monday at Bikash Bhawan in Sundargarh town as part of the Make in Odisha Conclave-2022. The event was organised by Mission Shakti. The initiative intends to encourage business houses to be growth partners of the latter and to foster connection between district entrepreneurs and women SHG members/federations.

Sujata R. Karthikeyan, commissioner/secretary of Mission Shakti, said that the organisation is connected to almost 70 lakh women through more than six lakh SHGs. According to her, the state will flourish more generally as a result of the economic empowerment of women.

W20 Indonesia urges India to maintain its Agenda for Women Empowerment

Women 20 (W20) Indonesia has expressed the expectation that India will follow the four primary topics relating to women's empowerment that were pursued during India's G20 Presidency next year.

Women's Empowerment and Child Protection Minister Bintang Puspayoga stated in a W20 Post-Summit announcement that "these problems cover opposing discrimination and fostering gender equality, women-owned MSMEs (micro, small, and medium enterprises).

They also cover rural women, women with disabilities, and the gender equality-focused health response issue.

CACTUS's #WomenWhoChangedTheWorld Campaign Honours Underrepresented Women in Science and Technology

The #WomenWhoChangedTheWorld initiative was started by Cactus Communications (CACTUS), a science communications and technology company, to honour and resurrect the stories of women who have made significant contributions to STEM fields. Starting on March 8th, 2022, this year-long campaign will showcase 52 remarkable women from around the world, with one of their stories being featured on CACTUS social media platforms each week.

Through this campaign, the corporation has subtly brought to light a sobering truth that emphasises the under-representation and discrepancy in STEM fields as a result of ingrained social norms, stigma, discrimination, and biases against women.

Women entrepreneurs register a two-fold increase in credit demand this festive season: NeoGrowth survey

NeoGrowth, India’s leading NBFC, with a focus on lending to Micro, Small & Medium Enterprises (MSMEs), today unveiled a survey that demonstrated that the credit demand from women-led MSMEs doubled by the end of the festive months of 2022 as compared to the pre-pandemic festive season of July - October 2019.

This two-fold rise in credit requirements of women-led small businesses is driven by strong consumer demand post economic revival and subdued festive season spending over the past two years.

According to NeoGrowth’s data, the top 3 cities which registered the highest credit demand from women-led MSMEs in 2022 are Bengaluru, Hyderabad, and Mumbai.

Meta has named Sandhya Devanathan its New India Head

Following Ajit Mohan's resignation as Meta's previous India chief, the social media behemoth announced that Sandhya Devanathan had been designated the country's leader. Meta owns all of Instagram, Facebook, and WhatsApp. Marne Levine, the company's chief business officer, expressed his satisfaction at Devanathan's appointment as the new leader of Meta's activities in India.

"I'm pleased to welcome Sandhya as our new leader for India. Sandhya has a proven track record of scaling businesses, building exceptional and inclusive teams, driving product innovation and building strong partnerships. We are thrilled to have her lead Meta's continued growth in India," Marne Levine said.

In 2016, Sandhya Devanathan joined Meta. She helped set up the businesses and teams in Vietnam and Singapore. She additionally helped Meta with its Southeast Asian e-commerce endeavours.

Walmart Foundation & PRADAN implements 'PROWFIT' project To Support Women-Led FPOs

Walmart Foundation and PRADAN announced the launch of the "PROWFIT" project with the goal of enhancing the rural livelihoods of small and marginal farming households, particularly women farmers in the tribal areas of eastern states of the nation. 60 women-led Farmer Producer Organizations (FPOs) will receive help from PROWFIT, which stands for the "prowess of organised resources & women-farmers for transforming FPOs into independent institutions," over the course of 30 months.

The project, which will be funded by a $2 million grant from the Walmart Foundation, aims to enable up to 120,000 women to launch successful smallholder enterprises that will collectively generate $32 million in annual revenue.

Digital Personal Data Protection Bill in India is the first to use the pronouns "She" and "Her" for all Genders

The Digital Personal Data Protection Bill, 2022 is the first law in India to refer to all genders using the pronouns she/her.

The "Interpretation" section of the proposed legislation makes it clear that the pronouns "her" and "she" have been used to refer to any individual, regardless of gender.

The Prime Minister's commitment to the empowerment of women, according to Union Minister for Electronics & Information Technology Ashwini Vaishnaw, was furthered by this action.

"We have attempted in the philosophy of women's empowerment that Prime Minister Narendra Modi Ji's government works, we have attempted to use the words she and her in the entire bill, instead of he and him and his. So, this is an innovative thing which has been attempted in the bill," he said while speaking to the press.