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Women Entrepreneurs
Odisha Chief Minister Mohan Charan Majhi on Wednesday said an industrial park exclusively for women entrepreneurs would be set up in the state. Attending the plenary session on women entrepreneurship enabled by 'Subhadra' on the second day of the 'Utkarsh Odisha, Make in Odisha Conclave, 2025' here on Wednesday, Majhi said a special cell for women entrepreneurs will also be opened at the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL). "I want to make two announcements to promote women in entrepreneurship. First, the government has decided to open an industrial park exclusively for women and the second is opening of a special cell for women at IPICOL," Majhi said. The CM said that he was hopeful that these two measures will encourage women to start business independently. He also sought suggestions from women business leaders on how to further raise women's participation in business. The session prepares a roadmap to shape the future of 'Subhadra' industr
The representation of women on the boards of India's top 100 companies has significantly improved over the past four years, with only five firms lacking a woman independent director as of March 2024, according to a survey released on Monday. The 5th Annual Corporate Governance Survey by Excellence Enablers are based on the annual reports and website disclosures of Nifty 100 companies. As of March 31, 2024, five companies, including four public sector undertakings (PSUs) and one public sector bank (PSB), did not have a woman independent director on their boards. While this is an improvement compared to 21 such companies in FY 2021, the persistent lapses highlight the need for stricter enforcement, the survey revealed. While having at least one woman independent director (ID) on boards has been mandated under Section 149 of the Companies Act, 2013, and Sebi's LODR regulations, there is no similar provision to ensure that women executives are nurtured to graduate to board positions, ..
About 350 businesswomen and entrepreneurs from across the country are taking part in a four-day interstate meet of FICCI Ladies Organisation (FLO), being hosted by FLO's North-East chapter in Guwahati and Shillong for the first time. The meet, titled 'Mystical NorthEast', got underway here on Thursday, a statement said. The interstate meet of the women wing of the Federation of Indian Chambers of Commerce and Industry (FICCIFLO) is an annual event organised by the different chapters of the organisation in various parts of the country. FLO has 20 chapters across India. The first two days of the ongoing meet are being held in Guwahati and the remaining two days in Shillong. The meet includes an amalgamation of intellectually stimulating discussions, entertainment and networking and also a blend of learning sessions. A major highlight of the meet is an exhibition 'FLO Bazar' showcasing local art, handloom, weaves and traditional culture, the statement said. "The Interstate Meet is a
Telangana Chief Minister A Revanth Reddy on Thursday said his government is moving ahead with plans to make one crore members of women self-help groups (SHGs) "crorepatis" by involving them in various business activities. Speaking after the inauguration of the "Indira Mahila Shakti Bazar" of women SHGs here in the evening along with Governor Jishnu Dev Varma, Reddy said his government is implementing various schemes for the welfare of women, including free travel for them in state-run buses, supplying LPG cylinders for Rs 500, free power supply up to 200 units for the poor, stitching clothes for students and "Indira Mahila Shakti" canteens. The government is also allotting solar power plants to SHGs, he added. The total number of members in SHGs at present is 65 lakh and it should become one crore, the chief minister said. "It is your responsibility to make it one crore. It is my responsibility to make one crore (women) crorepatis," he said. Next year, he would visit the 10 undivi
The Culture Ministry said on Wednesday that the 'Har Ghar Tiranga Abhiyan', which was launched in 2022, has created employment opportunities for thousands of women associated with self-held groups (SHGs), which have increasingly taken over flag production to meet the massive demand. Union Culture Secretary Govind Mohan said approximately 25 crore flags are needed annually and the production has shifted from large vendors to SHGs, turning them into a thriving industry as they now produce and sell most of the national flags. He said when the programme was first launched in 2022 as part of the 'Azadi Ka Amrit Mahotsav' envisioned by Prime Minister Narendra Modi, there was a significant challenge in meeting the demand for flags. To address this, the central government procured national flags from large vendors and distributed approximately 7.5 crore flags to the states, directly and through post offices, he noted in a statement, adding that the government also revised the Flag Code of .
An increase in income tax exemption limits, support to women entrepreneurs, a long-term taxation policy and steps to boost consumption and savings are among the expectations of experts from the interim budget which will be presented by Union Finance Minister Nirmala Sitharaman on February 1 ahead of Lok Sabha elections. They also demand for parity in taxation among companies, partnerships and limited liability partnerships. "This is going to be an interim budget but at least there may be some indications of full-budget benefits. There may be some concession to be offered to individual taxpayers under section 87A under which the overall tax exemption limit may be increased to Rs 8 lakh from now Rs 7 lakh, inclusive of rebates," All India Federation of Tax Practitioners national president Narayan Jain said. Bharat Chamber of Commerce president N G Khaitan said there is a need for a long-term taxation policy and parity in taxation among companies, partnerships and limited liability ...
Asserting that all welfare programmes of Assam will be linked to population control measures, Chief Minister Himanta Biswa Sarma on Thursday announced a scheme to develop 40 lakh self-help-group (SHG) members as rural micro-entrepreneurs and help them become 'lakhpati baidos (elder sister)'. The scheme, 'Mukhya Mantri Mahila Udyamita Abhiyan', will be implemented at an estimated cost of Rs 4,000 crore and offered to those SHG members who are willing to undertake a personal business plan along with their group activity, the chief minister said at a press conference here. Sarma also said Assam is following a policy to control the state's population growth. "All our welfare schemes will be linked to population control measures for the benefit of our mothers and sisters", he said. Speaking on the entrepreneurship scheme, he said each eligible woman will be provided with Rs 35,000 over three years in their endeavour to become 'lakhpati baidos'. Over the next two years, each beneficiary