Prime Minister Narendra Modi announced that more than 60% of loans provided through the Pradhan Mantri Mudra Yojana have been utilized by women. Speaking at the ‘Nari Shakti Vandan Sammelan’ in New Delhi, PM Modi highlighted the increasing trend of women in India venturing into new businesses to establish their own identities. He emphasized that women’s active involvement not only strengthens families but also significantly boosts the nation’s economic progress.
PM Modi praised women’s pivotal role in the country’s startup revolution, acknowledging their growing influence in entrepreneurship and the startup ecosystem. He underscored the positive impact of financial inclusion programs like the Mudra scheme in empowering women by facilitating easier access to credit. The Prime Minister pointed out that the substantial representation of women, exceeding 60% among beneficiaries, signifies a notable transformation unfolding in India’s entrepreneurial sphere.
Highlighting the transformative power of women’s participation, PM Modi stressed that their involvement in decision-making processes is crucial for India’s promising future. He lauded the increasing focus on women’s representation in public discussions, highlighting it as a testament to the strength of Indian democracy and a positive shift in societal norms. Referring to the Nari Shakti Vandan initiative, PM Modi expressed confidence that it will empower women nationwide, facilitating their journey from grassroots leadership to higher political platforms.
