New Delhi: Union Finance Minister Nirmala Sitharaman Saturday challenged the idea that patriarchy hinders the advancement of women in India, citing indira gandhiPromoted to Prime Minister.
Interacting with CMS Business School students in Bengaluru on Saturday, Sitharaman asked whether patriarchy is holding back women in India from achieving what they want and how Indira Gandhi became the prime minister. She discussed various initiatives supported by the Centre, including Rs 1 crore internship opportunities for “unemployed youth” aged 21 to 24 years.
addressing women empowermentSitharaman said patriarchy is a concept invented by the left. She encourages women to be logical and confident while acknowledging the need for greater accessibility for women.
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Discussing the prospects for innovation, she highlighted the Modi government’s efforts to create a supportive environment for innovators. The minister stressed that in addition to policy formulation, the government also ensures market access for innovations.
She highlighted the support system for MSMEs and noted that 40 per cent of government procurement comes from this sector. “That’s why today there are over 200,000 startups in India, and over 130 of them have become unicorns. The opportunity is huge, but it is not fully exploited,” she said.
On digital banking transformation, she explains how Jan Dan Yojana Opportunities are created for ordinary people. She highlighted India’s government-funded approach to digital networking and contrasted it with private sector-led initiatives in other countries.
“India’s approach to spreading digital networking is government-funded, while many other countries are through private players, resulting in some nominal charges in some places. So even micro-level users don’t have to pay. Access digital banking.
She gave details about SIDBI’s ‘Fund of Funds’ scheme, which is backed by Rs 10,000 crore government funds to help small businesses and innovative ideas. She noted that government concessions attracted private equity participation.
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For the new internship program, she asked students to help connect target audiences with platforms to enhance youth skill development.
