Women aren’t given their due in business: Kovind

Source: The Hitavada      Date: 06 Apr 2018 09:03:25



PRESIDENT Ram Nath Kovind on Thursday said that it was regrettable that women have not been given their due in the
business arena, and asked India Inc to take determined steps towards creating gender-sensitive supply chains.

Delivering the keynote address at the annual session of Federation of Indian Chambers of Commerce and Industry (FICCI) Ladies Organisation (FLO) here, the President said that women constitute half our country. They contribute to our economy at work and at home, in many diverse ways. Yet, when it comes to business, it is regrettable that they have not been given their due.

“We need to create conditions for more and more of our daughters and sisters to come into the workforce. We need to push harder to ensure appropriate, encouraging and safe conditions at home, in society and at the work-place to enhance the percentage of working women,” Kovind said.
He stated that the 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 that the Government has taken decisive steps to promote a culture of enterprise among ordinary citizens, especially women. The Stand-Up India initiative was launched in April 2016 to encourage entrepreneurship among women, SCs and STs. About 45,000 loans have been disbursed, mainly to sole proprietors.

“Almost 39,000 of these have gone to women - an overwhelming proportion. Under the MUDRA scheme, over the past three financial years, about 117 million loans have been sanctioned,” Kovind said.