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The Finance Minister, Nirmala Sitharaman, announced on Thursday that the empowerment of women through entrepreneurship and ease of living has made significant progress in the past decade. Sitharaman highlighted that female enrollment in higher education has increased by 28 percent during this period.
During the presentation of the interim Budget 2024-25, Sitharaman revealed that 30 crore Mudra Yojana loans have been granted to women entrepreneurs. She emphasized that in the past 10 years, female enrollment in higher education has risen by 28 percent, with girls and women constituting 43 percent of enrollment in STEM courses, which is one of the highest rates globally.
According to the minister, the empowerment of women through entrepreneurship, improved living conditions, and enhanced dignity has gained momentum over the past decade. These efforts are reflected in the growing participation of women in the workforce.
Sitharaman also mentioned several measures that have contributed to women’s empowerment, including the criminalization of triple talaq, the reservation of one-third of seats for women in the Lok Sabha and state legislative assemblies, and the allocation of over 70 percent of houses under the PM Awas Yojana in rural areas to women as sole or joint owners.
These initiatives have not only empowered women but also enhanced their dignity, Sitharaman added.
The article was first published on Feb 01, 2024, at 1:40 PM IST.
Women empowerment via entrepreneurship has witnessed significant growth and progress over the past decade, according to the Finance Minister. Encouragingly, more women are breaking barriers and entering the entrepreneurial sphere, leading to increased economic opportunities and empowerment. This positive trend highlights the transformative impact of entrepreneurship in empowering women and driving gender equality.
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