IMPRI Desk

IMPRI Desk

How Investing in Women Strengthens the Fabric of Local Communities and Economy

The true potential of a local economy lies in its people, among them—women, who hold unique and pivotal roles in catalysing change, fostering social cohesion and enriching the cultural landscape. Their contributions extend beyond the immediate gains, creating a ripple effect that strengthens the entire community. Investing in women is not just a matter of social justice; it's a strategic imperative for building resilient, prosperous, and vibrant communities.  

Grameen Credit Score: A step towards digitizing the rural people

In the Union budget of FY 25-26, a new initiative has been taken up by the Government of India (GoI) towards strengthening the rural people and Self-Help Groups (SHG) which comprise of poor rural women who come together to resolve their problems and improve their living standards. The SHGs are generally self-governed and peer controlled. SHGs are often described as “informal groups”. With the introduction of Grameen Credit Score, these small enterprises can be formally recognised, as a result of which they will be subject to different benefits.

Are We Doing Enough to Empower Women in STEM?

Globally, they make up only 28% of the STEM workforce (World Economic Forum, 2021), with even fewer in fields like artificial intelligence, bio-engineering, robotics, and space technology. This disparity is not due to a lack of talent but rather systemic barriers in education, career opportunities, and funding. Breaking these barriers is not just about gender equality, it is essential for driving innovation, scientific advancement, and societal progress.

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