Indian Economy News

PM Modi calls for startup push in rural areas, expansion of women led SHGs

  • IBEF
  • February 24, 2022

According to Prime Minister Narendra Modi, financial inclusion has increased women's participation in economic decisions. Addressing a webinar on the Union Budget 2022 with the theme of "Leaving No Citizen Behind", he emphasized the importance of women to the rural economy of India.

He remarked that additional efforts are needed to ensure that more and more startups be established in India's rural areas. He also emphasised the importance of increasing women's engagement in self-help groups (SHGs).

He stated that the 'Aspirational District Program' is yielding excellent results and advocated for a quarterly village competition. The Aspirational Districts Programme was launched in January 2018 as part of the government's attempt to improve people's living standards and promote inclusive growth for all.

He also said that the government has set a goal of providing around four crore connections under the Jal Jeevan Mission.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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