In a groundbreaking move, Finance Minister Nirmala Sitharaman announced a series of initiatives aimed at breaking barriers and empowering women across India during the Interim Budget 2024. With a focus on fostering Nari Shakti, the government is taking significant steps to promote financial independence, education, and homeownership among women.
Mudra Loans: A Financial Boost for Women Entrepreneurs
One of the key highlights of the budget is the allocation of 30 crore Mudra loans exclusively for women. This initiative aims to provide financial assistance to women entrepreneurs, enabling them to start or expand their businesses. The move recognizes the crucial role women play in the economic development of the nation and seeks to break the traditional barriers that have limited their access to financial resources.
Educational Empowerment: 28% Growth in Female Enrolment
The Interim Budget also celebrates the remarkable achievement of a 28% growth in female enrolment in higher education over the past decade. This significant increase reflects a positive shift in societal norms and a recognition of the importance of educating women. The government’s commitment to fostering education for women is a crucial step towards creating a more inclusive and equal society.
Homeownership for Women: PM Awas Yojana Milestone
A remarkable statistic shared by the Finance Minister is that 70% of homes provided under the Pradhan Mantri Awas Yojana (PM Awas) are either solely or jointly owned by women. This milestone emphasizes the government’s dedication to ensuring that women have equal access to housing, fostering a sense of security and independence. The initiative not only addresses housing needs but also promotes gender equality in property ownership.
Nari Shakti: Transformative Impact
The cumulative impact of these initiatives underlines the government’s commitment to breaking barriers that have historically hindered the progress of women in India. By providing financial resources, educational opportunities, and homeownership, Nari Shakti is being empowered to contribute more significantly to the nation’s growth and development.
Looking Ahead: A Progressive Path
As the nation moves forward, these initiatives set the stage for a more inclusive and equitable society. The empowerment of Nari Shakti is not just a socio-economic imperative but a strategic move towards building a stronger, more resilient India. The Interim Budget 2024 stands as a testament to the government’s unwavering commitment to breaking barriers and unleashing the full potential of women across the country.