UN India business forum, NITI Aayog form consortium to help women entrepreneurs
The UN India Business Forum and the Women Entrepreneurial Platform of NITI Aayog formed a consortium.
to reduce gender disparities in start-up investments by providing mentorship and networking opportunities and accelerating financial and market linkages for women entrepreneurs.
It could add $2.9 trillion to India’s GDP by 2025 if women participate in the economy equally.
Key partners for finance include HDFC, ICICI Bank, SBI, Ambuja Cement, Tata Housing and LinkedIn while for health and nutrition companies such as Cadila Pharmaceuticals, Philips India, and Tata Chemicals have enrolled.
Did you Know
It was established in 2015, by the NDA government, to replace the Planning Commission.
The Prime Minister is the Ex-officio chairman.
The permanent members of the governing council are all the state CMs, along with the CMs of Delhi and Puducherry, the Lieutenant Governor of Andaman and Nicobar, and a vice chairman nominated by the PM.
In addition, temporary members are selected from leading universities and research institutions.
These members include a chief executive officer, four ex-official members and two part-time members.