Economy

Is Nirmala becoming the flag-bearer of Modi’s global brand of women empowerment?

India as the chair of the G20 nations is determined to make a difference in the field of gender equality and women’s empowerment by turning challenges into opportunities and pushing for diversity in all walks of life.

Finance Minister Nirmala Sitharaman, who participated in a panel discussion on “Empowering Women as Entrepreneurs and Leaders” organised by the World Bank in Washington pointed out that India has been focusing on ‘women-led’ development and not just ‘women-centric’ development. World Bank President David Malpass said that Prime Minister Narendra Modi has been “deeply interested and concerned” with the gender issue.

“Starting a business is a powerful tool for women to build a better future. Enabling access to finance, skills and digital technology is key,” Malpass said.

Surely, India has raised the pitch to push the gender agenda and women’s participation with an outcome-oriented effort on skill, access to credit for women. Boosting women’s entrepreneurship is also a thrust.

“Taking forward this cultural and civilisation ethos, India believes that the gender agenda is urgent and must take centre-stage. The G20 EMPOWER — Empowerment and Progression of Women’s Economic Representation 2023 under India’s presidency promises to be a catalyst to create an ecosystem for empowering women, supporting their aspirations and creating substantive opportunities for women and girls across G20 countries,” an official statement said.

G20 EMPOWER is an alliance of the members focusing on women’s participation.

On the last Independence Day Modi while addressing the nation from the rampart of the Red Fort, said that women’s participation and their role will form the pillar of India’s growth.

While the contribution of women to India’s GDP is 18 per cent, the Centre’s aim is to significantly increase the number.

Official data reveal that of the 460 million plus bank accounts that have been opened under the Pradhan Mantri Jan Dhan Yojana; 56 per cent are owned by women.

Modi has repeatedly underlined the need to respect “Nari Shakti.”

“Our Nari Shakti is being represented in all sectors- in police, villages etc. The more opportunities we give to our daughters, the more they will take us forward,” he said, adding that it is important to ensure that nothing lowers the dignity of women.

On March 8—marked as International Women’s Day, Modi tweeted, “We greatly cherish the role of women in India’s progress. Our government will keep working to further women empowerment. #NariShaktiForNewIndia.”

The Centre is also taking a host of steps to boost the women’s self help groups which would empower lakhs of women in the rural areas. While the SHG members have grown exponentially in the last few years, participation from the minority communities has also increased.

Giriraj Singh, Minister, Rural Development and Panchayati Raj Giriraj Singh earlier announced that he is toying with the idea of creating a Women SHG (Self Help Group) Bank which will fund innovative ideas and products.

The G20 presidency has provided a window to India to make a mark in the field of gender equality. It must make an impact on the global stage.

Also read: PM Modi salutes Nari Shakti on International Women’s Day

 

Mahua Venkatesh

Mahua Venkatesh specialises in covering economic trends related to India and the world along with developments in South Asia.

Recent Posts

VINBAX 2024: Vietnam-India bilateral army exercise concludes at Kaushalya Dam

The fifth edition of the historic Indo-Vietnam Joint Field Training Exercise, VINBAX-2024, successfully concluded its…

12 hours ago

India-Russia strengthen defence ties at 22nd Working Group meeting on military technical cooperation

The 22nd meeting of the India-Russia Working Group on Military technical cooperation and defence industry…

12 hours ago

“I want to have strong representation of India at World Nuclear Exhibition 2025”: Sylvie Bermann

Sylvie Bermann, President of the World Nuclear Exhibition expressed confidence in India's nuclear supply chain…

14 hours ago

PoJK: Joint Awami Action Committee protests against government following new ordinance, many injured

Joint Awami Action Committee core member Shaukat Nawaz Mir has condemned the attack of police…

14 hours ago

PM Modi meets 31 world leaders, heads of organisations during his 3-nation foreign visit

Prime Minister Narendra Modi participated in 31 Bilateral Meetings and informal interactions with global leaders…

16 hours ago

India- Australia conduct 11th Indian Air Force-Royal Australian Air Force Air Staff Talks

India and Australia conducted the 11th edition of the Indian Air Force and Royal Australian…

16 hours ago