The Week That Was: Indian Women Empowerment News Overview

By: WE Staff | Sunday, 6 October 2024

India has seen significant transformation in recent decades, with women gaining leadership roles in various sectors. On the ongoing political, sports, and economic gains, women are playing a major role on driving glory. This shift demonstrates India's resilience, capability, and vision, and is a testament to the evolving social fabric of gender equality for holistic development. The empowerment of women becomes more than a goal to be achieved, it acts as a powerful reality that propels India towards a more inclusive and equal society as the country realizes the significance of shaping the future.

This week, the Women Entrepreneurs Review Magazine has covered some of the similar stories where women of India have showcased their resilience and power.

39% Indian Women Entrepreneurs Rely on Personal Savings to Fund their Enterprise

A survey by DBS Bank India and Crisil revealed that 39 per cent of self-employed women in Indian metros rely on personal savings to fund their enterprises, with 65 per cent not taking a business loan. The reliance on personal funds increases with age, with 52 per cent of women over 45 using their own savings compared to 36 per cent aged 25-35. Bank loans were the primary choice for those who obtained loans, while 7 per cent opted for funding from venture capitalists, angel investors, private equity, or fintechs. The data underscores the financial challenges faced by accessible and affordable financing options.

Malabar Group announces Flagship Scholarship Programme for 21,000 Female Students

The Malabar Group, a prominent Indian business conglomerate and the parent company of Malabar Gold & Diamonds has announced flagship scholarships for over 21,000 female students, highlighting its commitment to women's empowerment. The initiative aims to support female education, particularly for underprivileged students, by providing financial assistance to bridge the education gap and create more opportunities for them.

More Indian Female Students from State Boards embrace Global Study Opportunities

According to LeapScholar, a significant shift in the aspirations of Indian students, emphasizing that these students are increasingly challenging traditional norms when pursuing international education revealed by the study. The "Application-based Survey 2024" counters the common perception that only international, ICSE, and CBSE board students are eager to study abroad.

Fortune Names 100 Most Powerful Women in Business 2024

Fortune has recently published the top 100 powerful women in business for the year of 2024 list that includes a total of 100 top businesswomen from the diverse sectors like banking, technology, healthcare, telecommunications, retail, energy, amongst others.

Union Minister Piyush Goyal & US Commerce Sec Gina Raimondo sign MoU

The 6th ministerial-level Commercial Dialogue between the US and India was led by Union Minister of Commerce and Industry Piyush Goyal and US Commerce Secretary Gina Raimondo. The dialogue aimed to strengthen critical minerals supply chains and semiconductor innovation, fostering resilient and sustainable supply chains, promoting innovation, and creating business opportunities and the Indo-Pacific Framework for Prosperity. The leaders also signed a new MoU to expand and diversify critical minerals supply chains.

India Women Struggle in T20 World Cup Opener Against New Zealand

In the first match of the ICC Women’s T20 World Cup 2024, Harmanpreet Kaur’s Indian team faced a challenging chase against New Zealand, aiming for a target of 161 runs after the White Ferns posted an impressive total of 160/4 at the Dubai International Cricket Stadium.

Team India defeats Pakistan by 6 Wickets in Women's T20 WC 2024

India won the Match 7 of the ICC Women's T20 World Cup 2024 at the Dubai International Cricket Stadium against arch-rivals Pakistan. Pakistan won the toss and batted first, scoring 105 for 8 wickets in 20 overs. India scored 108 runs for 4 wickets in 18.5 overs, winning by 6 wickets. Arundhati Reddy was named  Player of the Match for her impressive bowling performance securing 3/19 in 4 overs. India's strong bowling attack and solid batting lineup contributed to their victory, boosting their confidence and allowing them to progress further in the tournament.