Strengthening their stand on business dais, Niti Aayog soon to launch a special cell for women entrepreneur

Washington, February 21: India is undergoing the phase of change and transformation with an increasing number of women entrepreneurs. Encouraged by an increase in the number of women entrepreneurs in India, NITI Aayog will launch a special cell to provide them a platform where stakeholders can converge to give a boost to their initiatives.

Women entrepreneurs in India are bringing about a lot of development in the public and private sectors. More than two dozen Indian women entrepreneurs are currently in the US on a business trip.

A lot of development is happening in both the private and public sector among women entrepreneurs, NITI Aayog member Anna Roy told a Washington DC audience on Tuesday.

The visit is a result of the Global Entrepreneurship Summit (GES) co-hosted by India and the US in Hyderabad in November which was also attended by Ivanka Trump, the advisor and daughter of US President Donald Trump.

There is a requirement to create awareness, bring visibility to the existing initiatives, bring departments together, enable partner connect, consolidate and leverage from all these efforts. Amitabh Kant, CEO of NITI Aayog (National Institution for Transforming India) said that the dedicated women cell will handhold and facilitate promotion of women entrepreneurs in India. The women delegation will also travel to Boston, Pittsburg and San Francisco.

The cell, to be called Women Entrepreneurial and Innovation Cell of Niti Aayog, will be headed by Niti Aayog advisor Anna Roy, and will offer women financial support through the Rs 10,000 crore Fund of Funds and Mudra micro-loan scheme apart from mentorship in scaling up.