The Week That Was: Indian Women Empowerment News Overview (19-24 September)

The Week That Was: Indian Women Empowerment News Overview (19-24 September)

By: WE Staff | Saturday, 24 September 2022

The issues of "women's empowerment" and "equality with males" are universal. The phrase "women empowerment" is used to support, uplift, and encourage women. Additionally, it is used to recognise the advancements made by women and girls in the areas of financial independence, gender equality, and self-assurance. Every one of us should take on the very crucial responsibility of empowering women. This is due to the fact that empowering women also empowers the entire community and future generations. Girls and women can be empowered in a variety of ways, and the entire community must work together to achieve this goal.

WomenEntrepreneurIndia presents a few recent events that have empowered women in various ways. Have a look at it.

Tamil Nadu Promotes Women-Centric Policies by Implementing Gender Budgets Across All Departments

Each department in the Tamil Nadu government will now have a gender budget, officials declared on September 18. The Government Order (GO), which contains the crucial directions, was published by the Department of Social Welfare and Women's Empowerment. The state's minister of social welfare and women's rights, P Geetha Jeevan, had already made a statement to this effect before the state Assembly.

According to sources, gender budgeting comprises considering gender while developing, implementing, and evaluating any policy or programme. All new programmes that are launched in Tamil Nadu must follow the regulations and will be categorised into one of four categories: gender transformative, responsive, neutral, or blind.

Nirmala Sitharaman Urges World Bank Subsidiary IFC to Increase Credit to India

Nirmala Sitharaman, the minister of finance, has instructed the International Finance Corporation (IFC), the private sector investment arm of the World Bank, to boost its financing to India to more than $2 billion over the next two years and to $3-3.5 billion over the following three to four years.

IFC managing director Makhtar Diop, who met with the Minister in the nation's capital, stated that the organisation would take a "proactive approach" to increase the size of its investments in India and would provide financing to micro, small, and medium-sized enterprises (MSMEs) to support the nation's "effort to become a manufacturing hub."

Mr. Diop also stressed the possibilities of "looking at sub-national financing for sustainable growth, and mobilise financing for women entrepreneurs" while providing Ms. Sitharaman with information on the IFC's present lending footprint in India.

Indian Women have Future in Web3.0, based on the Survey

The interest of Indian youth in investigating career options in the Web3.0 market has been revealed by new findings from the global survey report "Journey into Web3," which was released by KuCoin, a global cryptocurrency exchange.

According to the survey, more than 40% of Web 3.0 experts in India expressed interest in working in the metaverse, non-fungible token (NFT), and blockchain-based gaming industries, outpacing the global average. According to survey findings, 72% of Web3.0 professionals in India are happy with their work and recognise the benefits of the sector, including development, innovation, and improved welfare.

Life Global raises $500,000 in New Jersey for Women's Empowerment and Primary Education in India

A nonprofit organisation in India called Life Global and Life Global USA raised $500,000 at their 5th Anniversary Gala in Edison, New Jersey.

The event was co-hosted by Amar Shah, the founder and treasurer of Life Global, and Parikh Worldwide Media, led by its founder and chairman Dr. Sudhir Parikh, a recipient of the Padma Shri award and chairman of Life Global USA. Participants learned about the partner organisation Project "Life" India's efforts over the previous 25 years in the areas of primary education, women's empowerment, and Thalassaemia awareness at the event.

Approximately 300 supporters, including board members of Life Global/Project "Life," gathered at Mirage Banquet in Edison, New Jersey, to learn more about the organisation. They also opened their hearts and wallets to support programmes in India that aim to improve education, empower women, and end thalassaemia through various projects run by partner organisation Project "Life" India. The event's most celebrated visitor was the Bollywood actress Asha Parekh.

Danfoss Introduces Career Support Programme for Female Students in TN

Danfoss India, a firm focused on energy efficiency and climate solutions, announced that it has started a career support programme for female students attending government-run schools in Tamil Nadu.

According to a business statement, Danfoss India and AVTAR Human Capital Trust are working together on "Project Puthri" to mentor female students at a government higher secondary school in Panruti.

The program's goal is to identify female students and provide them with the training and skills they need to find employment, according to a statement from the company.

Falguni Nayar of Nykaa Overtakes Kiran Mazumdar-Shaw to Become India's Richest Self-Made Lady

According to the IIFL Wealth Hurun India Rich List 2022, which was published, Falguni Nayar, the creator of the online retailer Nykaa, is the richest self-made Indian woman. According to the Hurun India wealthy list, the 59-year-old beauty product tycoon passed Biocon's Kiran Mazumdar Shaw, 69, popularly known as the "Biotech Queen." It's interesting to note that this year, "the list has become more 'inclusive,'" according to the IIFL Wealth Hurun India Rich. This year, there are 55 women on the list, up from 13 ten years ago.

It is important to note that Falguni Nayar, the founder of the online store Nykaa, was selected the EY Entrepreneur of the Year 2021 earlier this year. Falguni will now represent India at the EY World Entrepreneur of the Year Award on June 9, 2022, according to a statement from the consulting firm.

New Delhi hosts the Launch of a Book Honouring 75 Women in Science and Art

A book honouring 75 women from various professions, including science, technology, engineering, the arts, and mathematics has been published to commemorate India's 75th anniversary of independence. The Principal Scientific Adviser and British High Commissioner in New Delhi introduced the book about these amazing women who overcame obstacles and rose to the top.

The Office of the Principal Scientific Adviser to the Government of India, FICCI FLO, and the British High Commission of India have all contributed to the book "She Is - Women in STEAM," which is not only written but also includes videos of all the achievements that can be viewed using a QR code.