Since its launch in 2021, thousands of women small business owners have benefited from these kits. 62% of entrepreneurs supported from 2021 to 2023 have reported a substantial increase in their income, highlighting the transformative impact of this initiative on their livelihoods.

Saksham adopts a holistic approach by equipping skilled women small business owners, who are constrained by resource limitations, with tool kits. These kits, tailored to the needs of businesses across various sectors such as home-based beauty services, tailoring, homemade products, pedal rickshaws, and more, contain tools to improve product quality, enhance production efficiency, and grow their customer reach.

Suvendu Choudhury, Vice President of Operations, India and Customer Experience, MEISA at FedEx, emphasized the initiative’s broader implications, “We at FedEx firmly believe in the transformative power of investing in women’s empowerment. Focusing on dismantling the barriers to women’s economic participation, and having supported over a thousand beneficiaries to date, allows us to contribute to inclusion and drive significant progress toward equitable growth. Embracing diversity and inclusivity is crucial, not only as a moral imperative but also as a foundational element for the development of any country.”

World Bank research estimates that closing gender employment gaps could increase GDP per capita by nearly 20%[1], highlighting the importance of initiatives like Saksham that benefits communities at large.

George Aikara, Chief Executive Officer, UWM said, “When women succeed, communities flourish. Though, in most instances, many women may possess the skill, the lack of financial resources and capital prohibits them from starting their own ventures. The Saksham toolkits have a potential to make a tangible difference by equipping women entrepreneurs with essential capital to thrive in their businesses and contribute to economic empowerment. Together with FedEx, we can accelerate progress towards gender equality and economic empowerment for women across India.”

FedEx, founded on a people-first philosophy, understands the critical importance of fostering a culture of Diversity, Equity, and Inclusion in today’s global landscape. It’s a strategic imperative for businesses of all sizes to retain top talent, enhance reputation, attract a diverse customer base, and, fundamentally, contribute to making the world a better place for everyone to live and work.

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Presiding the meeting, Shri Durga Shanker Mishra, Secretary, MoHUA said, “The progress made in PMAY(U) is significant. I urge States to work towards achieving the target of constructing 60 Lakh houses and grounding of 80 Lakh by the end of 2020.” Further, he also called for effective implementation of ARHCs by States/UTs. “ARHC is a transformative scheme. It will improve the quality of life of beneficiaries,” he said.
This was the first CSMC meeting during the COVID-19 pandemic. This reflects the importance the Government has attached to the objective of providing pucca houses to all eligible beneficiaries of Urban India by 2022 with the vision of ‘Housing for All’. Ministry of Housing and Urban Affairs (MoHUA) has laid renewed emphasis to accelerate housing construction and completion across the country within stipulated time under PMAY(U).

The states also put in their proposals for revision of projects due to various issues such as, of land, topographical hazards, inter-city migration, change of preferences of verticals, loss of lives etc.

With this, as on date, the total number of sanctioned houses under PMAY(U) is now 1.07 Crores as against the validated demand of 1.12 Crore.

About 67 Lakh houses are grounded for construction and more than 35 Lakh have been completed and occupied. Total investment under the Mission is Rs 6.32 Lakh Crore which has Central assistance of Rs 1.68 Lakh Crore of which Rs 72646 Crore of funds have been released.

The Meeting evinced tremendous response from the States/UTs on Affordable Rental Housing Complexes (ARHCs), a sub-scheme under PMAY (U) for Urban Migrants/Poor. The States/UTs were further familiarized with the Scheme and requested to take appropriate measures for its effective implementation. ARHCs are a major step towards fulfilling the goal of ‘AatmaNirbhar Bharat’.

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