'NITI Aayog to launch women entrepreneurs' cell next month'

'NITI Aayog to launch women entrepreneurs' cell next month'

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, a top member of the government's think-tank NITI Aayog has said.

Women entrepreneurs in India are bringing about a lot of development in the public and private sectors, NITI Aayog member Anna Roy told a Washington DC audience on Tuesday.

More than two dozen Indian women entrepreneurs are currently in the US on a business trip.

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.

"What is required is to create awareness, bring visibility to the existing initiatives, bring departments together, enable partner connect, consolidate and leverage from all these efforts," she said.

This is what the women entrepreneurs' cell proposes to do, Roy said at a reception hosted in the honour of a delegation of women entrepreneurs from India by the Federation of Indian Chambers of Commerce and Industry (FICCI).

The dedicated women cell will handhold and facilitate promotion of women entrepreneurs in India, Amitabh Kant, CEO of NITI Aayog (National Institution for Transforming India) had said.

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, Kant said.

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