As we bid adieu to 2023, it’s significant to reflect on the milestones and challenges that shaped the narrative of women entrepreneurship in India. The year marked a paradigm shift with innovative policies, initiatives, and remarkable achievements, setting the stage for what promises to be an exciting journey ahead.
#BreakingBarriers #WomenEntrepreneurs #IndiaBusiness2023
Empowering Financial Frontiers: Budget 2023
Union Finance Minister Nirmala Sitharaman, in the 2023 Budget, fortified the resolve to uplift women entrepreneurs. With a substantial increase in allocation to ₹25,448.75 crore, the budget spotlighted schemes like Udyogini, offering pivotal financial support up to US$3,890. This initiative not only fuels business dreams but ensures sustainable growth, enhancing opportunities for aspiring women entrepreneurs.
#Budget2023 #WomenEmpowerment #UdyoginiScheme
Shakti National Convention 2023: Recognizing Trailblazers
A pivotal moment unfolded on Women’s Day at the Shakti National Convention 2023, where successful women entrepreneurs were lauded for their exceptional contributions. Union Minister for MSME, Shri Narayan Rane, emphasized the indispensable role of women in India’s economic growth. The launch of the Women Exporters Programme and felicitation of 12 outstanding women entrepreneurs marked a resounding celebration of women’s empowerment.
#ShaktiConvention #WomenLeaders #MSME2023
Legislative Leaps: Reserving Seats, Paving the Way
In a historic move, the Jammu and Kashmir Reorganization (Amendment) Bill, 2023, passed in Lok Sabha, reserving one-third of legislative assembly seats for women. This significant step aligns with the broader national endeavor, as seen in the Constitution (One Hundred and Sixth Amendment) Act, 2023, signaling a transformative shift in parliamentary dynamics.
#WomenInPolitics #LegislativeEquality #JammuKashmirBill
Milestone Moment: Passage of Women’s Reservation Bill in India’s Lok Sabha after 27 Years – aiming to earmark 33 per cent seats in Lok Sabha
In September 20, a historic moment unfolded as the Lok Sabha, India’s lower house of Parliament, passed the Women’s Reservation Bill after 27 years since its initial introduction. Despite holding a significant majority in Parliament for the past decade, the Bharatiya Janata Party (BJP) government made the decision to advocate for reserved seats for women in legislatures only recently, just months ahead of the 2024 general elections.
Named the Nari Shakti Vandan Adhiniyam (Salutation to Women Power Bill), the 128th constitutional amendment bill aims to earmark 33 percent of seats in the Lok Sabha (equivalent to 181 out of the total 543 seats) and in state legislative assemblies, including the Delhi Legislative Assembly, for women. Notably, Prime Minister Narendra Modi initiated the proceedings in the newly inaugurated Parliament building by presenting the long-awaited Women’s Reservation Bill 2023.
#WomenEmpowerment #GenderEquality #NariShaktiVandanAdhiniyam #IndianParliament #WomenInPolitics #ReservationBill2023
Empowering Women: PM’s Vision at G20 Ministerial Conference Sparks New Initiatives
In a pivotal address at the G20 Ministerial Conference on Women Empowerment, our Prime Minister Shri Narendra Modi highlighted the indispensable role of women in fostering global prosperity, affirming, “When women prosper, the world prospers.”A notable statistic shared was that 46% of elected representatives in rural local bodies in India are women, amounting to an impressive 1.4 million individuals. The Prime Minister highlighted the significant contribution of Indian women as brand ambassadors for ‘Mission LiFE’ (Lifestyle for Environment).
Recognizing women’s profound connection with nature, he emphasized their pivotal role in providing innovative solutions to address the challenges of climate change. The Prime Minister called for concerted efforts to dismantle barriers restricting women’s access to markets, global value-chains, and affordable finance.
A significant outcome of India’s G20 Presidency was the decision to establish a new Working Group on ‘Women Empowerment.’ This proactive step aims to drive collective efforts towards advancing the empowerment of women on a global scale.
#WomenEmpowerment #G20Conference #GlobalLeadership
International Women’s Day 2023: Embracing Innovation for Equality
International Women’s Day 2023 was a vibrant tapestry of celebrations. The GCCI Women’s Wing, in collaboration with ASSOCHAM Goa, the Women & Child Department of the Government of Goa, and the Bombay Stock Exchange (BSE) Investor Protection Fund, orchestrated a program spotlighting women’s contributions across sectors, aligning with the theme “DigitAll – Innovation and Technology for Gender Equality.”
The Manipal College of Nursing (MCON) marked the day with programs exploring innovation, technology, and gender equality, featuring a poetry competition for students and staff.
Google celebrated with a unique homepage Doodle, emphasizing women’s collective power and their roles as advocates and caregivers globally.
The CPA Parliamentary Academy launched an online course on ‘Effective Women’s Parliamentary Caucuses (WPCs),’ aiming to empower women in legislative bodies. International Women’s Day 2023 became a global effort to amplify women’s voices, embrace innovation for equality, and foster a united community of advocates. The celebrations echo a commitment to progress, unity, and empowerment for women worldwide.
Closing the Chapter: A Year of Triumphs and Triumph Over Challenges
In wrapping up the year-ender for women entrepreneurship, 2023 has been a tapestry of successes and challenges. Initiatives like Udyogini, Shakti National Convention, legislative reforms, and the promising 2024 outlook paint a picture of a transformative landscape. The resilience exhibited by women entrepreneurs, coupled with supportive policies, positions them for substantial growth in the years ahead.
#EmpoweredWomen #2023InReview #WomenInBusinessSuccess
Embracing the Future: A Triumph for Women Entrepreneurs
As we step into 2024, the outlook for women entrepreneurs is optimistic.
The journey ahead holds promises of growth and success. With trends favoring women in business, coupled with an empowering ecosystem, the path to achieving significant milestones seems clearer than ever. By understanding and leveraging these trends, women entrepreneurs are not just navigating challenges; they are steering their ventures toward unprecedented growth and revenue. As we step into the new year, the stage is set for women entrepreneurs to embrace the future with confidence, resilience, and a steadfast commitment to success.
Cheers to the thriving spirit of women entrepreneurship!
#2024Outlook #WomenInBusiness #EntrepreneurialSpirit
Avtar Madan
Himanshu
Shree Lahiri
Poonam Sinha
