More women running startups, on company boards: Nirmala Sitharaman

economictimes.indiatimes.com

Women are now not only running startups but are also increasingly occupying positions on company boards, said finance minister Nirmala Sitharaman in New Delhi. According to Sitharaman, out of the 111 unicorns created in India, 20 of them have women in leadership positions. While highlighting the women-centric policies implemented by the central government, the finance minister said 80% of the funds allocated under the Stand Up India Scheme have been directed towards women. Also, 10% of the Small Industries Development Bank of India’s (Sidbi) fund of funds is earmarked for startups led by women. Read more