The album, "Songs of the Caravan" was launched here on Saturday by CPI-M Politburo member Brinda Karat and Swami Agnivesh.
Karat talked about a lack of public sensitivity towards transgenders during the event.
"With the help of so many people these transwomen have come up with such an album and released it delivers a strong message for the Indian community that this community has rights and will help them to fight for their rights," Karat said.
It has been sponsored by Planet Romeo Foundation, an organization that works on promoting the rights of sexual minorities the world over in association with Jeevan Trust a nonprofit and Abhivyakti foundation, India working on issues of HIV and sexual health.
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The album was launched with the support of United Nations Development Program.
"The idea was conceived to break the stereotypical portrayal of transgenders in the mainstream. Transgenders are known to sing in a particular fashion and at special occasions in India and our perception is limited to that," Anubhav Gupta, Director, Jeevan Trust said.
The songs include folk songs, love songs, devotional and badhai songs, self written and composed songs are also part of the album.
Carnatic vocal, Hindustani vocal, Rabindra Sangeet and even jazz, blues genres have been incorporated. The artists were given a free hand by the makers to select and sing what they believe in.
"Feels nice that after much struggle we have been finally been able to release the album as there were issues of funding. In a country even though we are considered as third gender it is yet to be implemented on pen and paper.