Women entrepreneurship initiatives India gain momentum with the We Rise initiative by NITI Aayog and DP World, empowering women entrepreneurs with mentorship, trade facilitation, and global market access.
We Rise Initiative Launched by NITI Aayog: Empowering Women Entrepreneurs for Global Trade
In a significant move to bolster women-led enterprises, NITI Aayog’s Women Entrepreneurship Platform (WEP) has partnered with DP World to launch the ‘We Rise’ initiative. This program aims to empower women entrepreneurs in India by providing them with the tools and support needed to scale their businesses internationally. Under the ‘Award to Reward’ (ATR) initiative, ‘We Rise’ focuses on facilitating trade, offering mentorship, and establishing strategic partnerships to help women entrepreneurs access global markets
Objectives of the ‘We Rise’ Initiative
The primary objectives of the ‘We Rise’ initiative include:
- Global Market Access: Assisting women entrepreneurs in expanding their reach to international markets.
- Trade Facilitation: Providing support in navigating global trade processes and logistics.
- Mentorship and Capacity Building: Offering guidance and resources to enhance business acumen and operational efficiency.
- Strategic Partnerships: Facilitating collaborations with global trade facilitators to strengthen business operations.
This initiative aligns with NITI Aayog’s broader mission to foster inclusive economic growth and empower women entrepreneurs across the country.
Why This News is Important
Empowering Women Entrepreneurs
The ‘We Rise’ initiative is a pivotal step towards bridging the gender gap in entrepreneurship. By providing women entrepreneurs with the necessary tools and support, the program aims to enhance their participation in the global economy, thereby promoting gender equality and economic inclusivity.
Enhancing India’s Global Trade Presence
Through this initiative, Indian women-led enterprises are poised to gain a stronger foothold in international markets. This not only boosts the visibility of Indian products globally but also contributes to the country’s economic growth by expanding its export base.
Aligning with Sustainable Development Goals
The ‘We Rise’ initiative supports the United Nations’ Sustainable Development Goal 5, which focuses on achieving gender equality and empowering all women and girls. By promoting women entrepreneurship, the program contributes to the broader global agenda of sustainable development.
Strengthening Public-Private Partnerships
The collaboration between NITI Aayog and DP World exemplifies the effectiveness of public-private partnerships in driving socio-economic development. Such collaborations leverage the strengths of both sectors to create impactful solutions for pressing challenges.
Promoting Inclusive Economic Growth
By empowering women entrepreneurs, the ‘We Rise’ initiative fosters inclusive economic growth. It ensures that economic opportunities are accessible to all, leading to a more equitable and prosperous society.
Historical Context
NITI Aayog, established in 2015, has been at the forefront of driving policy reforms and initiatives aimed at fostering sustainable and inclusive economic growth in India. The Women Entrepreneurship Platform (WEP), launched by NITI Aayog, serves as a national platform to support women entrepreneurs by providing them with access to information, funding, and mentorship. The ‘We Rise’ initiative builds upon these efforts, aiming to enhance the global competitiveness of women-led enterprises in India.
Key Takeaways from ‘We Rise’ Initiative
| S.No | Key Takeaway |
|---|---|
| 1 | ‘We Rise’ is a joint initiative by NITI Aayog’s WEP and DP World. |
| 2 | The program focuses on empowering women entrepreneurs to scale their businesses globally. |
| 3 | It offers support in trade facilitation, mentorship, and strategic partnerships. |
| 4 | The initiative aims to enhance India’s presence in global markets. |
| 5 | ‘We Rise’ aligns with the UN’s Sustainable Development Goal 5 on gender equality. |
FAQs: Frequently Asked Questions
1. What is the ‘We Rise’ initiative?
The ‘We Rise’ initiative is a collaborative program launched by NITI Aayog’s Women Entrepreneurship Platform (WEP) and DP World to empower women entrepreneurs in India by providing mentorship, trade facilitation, and global market access.
2. Who are the key partners of the ‘We Rise’ initiative?
NITI Aayog’s Women Entrepreneurship Platform (WEP) and DP World are the main partners driving the initiative.
3. What are the main objectives of the ‘We Rise’ program?
The program focuses on global market access, trade facilitation, mentorship, capacity building, and establishing strategic partnerships for women-led businesses.
4. How does ‘We Rise’ support women entrepreneurs in India?
It helps them scale businesses internationally, navigate global trade processes, access resources, and form collaborations with global trade facilitators.
5. Which United Nations Sustainable Development Goal does ‘We Rise’ align with?
It aligns with SDG 5, which promotes gender equality and empowers women and girls.
6. How does the initiative enhance India’s global trade presence?
By supporting women-led enterprises to enter international markets, it boosts exports and enhances India’s visibility in global trade.
7. What is the ‘Award to Reward’ (ATR) initiative?
ATR is a framework under which ‘We Rise’ operates, aiming to provide recognition, rewards, and opportunities for women entrepreneurs.
8. How does ‘We Rise’ promote inclusive economic growth?
By empowering women entrepreneurs, it ensures equitable economic opportunities and contributes to a more inclusive economy.
9. When was NITI Aayog established?
NITI Aayog was established in 2015 as a policy think-tank to promote sustainable and inclusive economic growth in India.
10. How can women entrepreneurs benefit from mentorship under ‘We Rise’?
They receive guidance, training, and strategic support to improve business operations, financial planning, and global trade readiness.
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