Important to take steps towards gender sensitive supply chains to empower women: Prez Kovind
New Delhi, Apr 6 (KNN) In a bid to encourage entrepreneurship among women in the country through startups and micro, small and medium enterprises, the President of India , Ram Nath Kovind voiced the need to have a gender sensitive supply chain to empower women.
“Our corporate sector must take determined steps towards creating women-friendly and gender-sensitive supply-chains to empower women in our economy, rather than just accommodate them”, the President said.
Kovind further urged industry body FICCI’s women division FLO to make start-ups by women an integral part of their value chains as vendors, ancillaries, suppliers and distributors or in any other form
The President further said that if more women become part of the workforce, both household incomes and the GDP will rise. India will become a more prosperous nation and become a more equal society.
Highlighting the steps taken by the government towards this direction, Kovind said the government has taken decisive measures to promote a culture of enterprise among ordinary citizens, especially women.
“Under the ‘Stand-Up India’ initiative, about 45,000 loans have been disbursed, mainly to sole proprietors. Almost 39,000 of these have gone to women. Under the MUDRA scheme, over the past three financial years, about 117 million loans have been sanctioned, of these loans, close to 88 million have gone to women entrepreneurs.
The President made the remarks during the AGM meeting of FLO in the national capital. (KNN/DA)