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Five financial institutions helping in women empowerment in India

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By Shivya Malhotra

New Delhi: Cooperative financial institutions in India have contributed immensely not only in empowering women but also encouraging them to march towards the realm of development. Not only did they usher a paradigm change in the society but also improved women’s social and economic condition in all spheres of life.

Being autonomous in nature, the cooperatives focus on the welfare of the members associated with it thereby making lives better without being under the control of a single person.

Here are five women-centric cooperatives which played a pivotal role in changing futures of many Indian women.

Kodachadri Women Souharda Cooperative Credit Society

This first all-women society of its kind came into existence in Tirthahalli Taluk under the Karnataka Souharda Sahakari Act. The society provides loans to help women entrepreneurs who are interested in setting up various ventures including handicraft, packaging, dairy farming, and handlooms earn a livelihood.  Over 2,500 women have benefited from the society.

Lauding the initiative of the society, President of the Karnataka Cooperative Apex Bank, R M Manjunatha Gowda said, “the society is looking further to provide skill-based and vocational training for rural women.”

The society has encouraged many women to be self-sufficient and contribute to the growth of the Indian economy.

Subhalaxmi Bahumukhee Mahila Samabaya Samiti Ltd.

The tenacity of 10 women transformed the lives of over 2,500 women in Jharsugda district by organizing them in Self Help Groups (SHG). Starting with nine villages, the group reached out to 51 villages to empower women. The body provides loans, helps in business plans, and carries out other activities to assist rural women in self-sustainability.

Shri Mahila Sewa Sahakari Bank Ltd.

This Micro-finance institution, established in  1974 as an Urban Cooperative, shaped the future of many women working in the unorganized sector.  Besides providing loans, they also help in charting strategies for small and medium scale business.

The 4,000 women members contributed Rs 10 each to inaugurate the Shri Mahila Sewa Sahakari Bank Ltd. Since then, the organization acts as a helping hand to the women workers caught in the vicious cycle of poverty.

Nayuma Women’s Co-operative Society Ltd.

Set up in August 2001, Nayuma Women’s Co-operative Society Ltd is fulfilling the need to generate employment for marginalized women. The body trains women in various fields, especially tailoring and cutting. The trainees are also given opportunities to get themselves established. Later, manufacturing of craftwork and handloom products was expanded into a large scale of business activities.

Mann Deshi Bank

The organization, since 1997, has been catering to the needs of rural women by providing financial services to them. The society went ahead to open seven branches and provided assistance to countless women for self-sustainability.

“In order to fulfill the need of rural poor and make ‘Jan Dhan Yojana’ a success, the Banking system in India needs a reinvention.” Said the founder,  Chetna Sinha.

Being the second largest microfinance bank in India, the organization is still ensuring to accumulate high results for the society as a whole.

These institutions have ushered in a new India where women are actively taking part in the nation-building process. The government needs to look into these and provide all out assistance and help setting up such bodies to reach to the women across the country.

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Checkout Ten Must-Read Books For Women

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Must reads for a woman.
Must reads for a woman. Pixabay

Nothing in this world can give you the feeling which books do. Some stories, some word just touch your heart and end up giving you the greatest lessons of life. Books can be inspiring at times, and help you make the toughest decisions of life. Below are ten must-read books for women:

  1. A Thousand Splendid Suns

The book, “A Thousand Splendid Suns” by Khaled Hosseini, who has also authored ‘Kite Runner’ revolves around the lives of two women, Mariam and Laila. The beautiful friendship of these two and the things they go through is mesmerizing. The book’s subtlety puts it under the category of must-read books for women.

2. Millennium Series by Stieg Larsson

The Millennium series has three books- “The Girl with the Dragon Tattoo”, “The Girl who kicked the Hornet’s Nest” and “The Girl who Played with Fire”. The lead character of the series, Lisabeth Salander, is a confident and bold woman who never follows the old norms of the society and leads her life differently. Her rebellious nature can inspire the girls out there to stand for themselves.

3.  Pride And Prejudice

Must-Reads for women
Pride and Prejudice. Wikimedia.

The classic by Jane Austen teaches you to distinguish between the essential and the superficial. It makes you come across a way of looking at women, which is not judgmental. It teaches you to stand up for righteousness. It is definitely ones of the must-read books for women.

4. The Book Thief

Th novel, “The Book Thief” by the Australian author Markus Zusak gives out the inspiring message that no matter what the situation is, women can come out of it strongly on their own.

5. How To Be A Bawse

The Book, “How to be a Bawse”, by the Canadian YouTuber Lily Singh is a beautiful guide on tackling tough situations in life, supported by the examples of real-life situations. Lily’s classy and sassy video style has already been loved by a lot of women out there.

6. The Hunger Games Trilogy

Suzanne Collins’s The Hunger Games Trilogy is one of the must-read books for women out there as the book’s lead character Katniss, makes you feel proud of being a girl. Her character motivates you to be your own hero.

7. Daughter By Court Order

“Daughter By Court Order”, by Ratna revolves around the story of a woman who has been disowned by her own family. The woman is fighting against money, power, deceit, and for her right to be recognized as a daughter. She has to handle everything on her own.

8. To Kill A Mocking Bird

The book is written by Harper Lee and is an all-time classic. The book revolves around a six-year-old protagonist who is a feminist and refuses to accept the societal norms and always challenges them.

9. The Diary Of A Young Girl

Must-Read Books For Women
The Diary Of A Young Girl. Wikimedia.

The novel by Anne Frank is set during the time of Nazi invading Netherlands. Anne Frank shares her feelings with her diary while she was in hiding for two years. The emotions and struggles make it one of the must-read books for women.

10. The Palace of Illusions

The book Chitra Banerjee Divakaruni shows the epic Mahabharata, through Draupadi’s eyes. Her problems and shortcomings are shown, along with the fact that how ego can lead to a battle.

by Megha Acharya of NewsGram. She can be reached at @ImMeghaacharya

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4 Zodiac Signs Women Fall For Easily

These are the zodiac signs which all women are attracted and fall for easily. All these men are quite the catch. Read to Find out more.

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Zodiac Signs Women Fall For Easily
Astrology. Pixabay

Oct 08, 2017: Haven’t you sometimes thought that there are some guys you just instantly fall for? Well, it is not your fault honestly, it is just their stars that make you fall for them. Astrology is known to have defined a person’s interests, personality likes and dislikes and can even predict the unknown future. Here is a list of the Zodiac signs that are bound to promptly score points with the ladies. These are the zodiac signs women fall for easily. If you are a guy and belong to any of the below-given zodiac signs, you should consider yourself lucky and extremely gifted.

Here’s the list of the Zodiac Signs: 

Leo

Leo men are mostly known for their masculinity. Born between July 23 and August 22, they are the one who will never back down, regardless of the situation. It’s actually their strength and their determination that makes grabs the attention of the ladies. The Lion slowly calms down, puts aside his ego. They are very warm and cordial, are never scared of approaching a girl and most important they are extremely passionate and romantic.

Gemini

Gemini men have a very gentle nature. They have the power to understand both the genders. Born between May 21 and June 20, they know very well to use all their qualities to their advantage. Women swoon over their adoring and compassionate personality. The Gemini man is quite the seducer and it is difficult to keep your guard against him.

Capricorn

Capricorn men are ambitious and are always aiming to get the best. A sense of warmth and outgoingness is always around him. He understands his priorities well and keeps up his commitment. Women love such reliable men. Having their birthdays between December 22 and January 19, they are bound to make their to a woman’s heart by their mesmerizing talks. Another exciting fact about them, they are extremely good looking.

Libra 

A Libra man is what every woman wants. He is quite the catch. Being shy in nature, he has a unique aura around which separates him from other men and intrigues the women around him. He is the perfect gentleman. A Libra man will treat with so much love and care by showing romantic gestures. He is the combination of romantic and intellectual. The intellectual talks with him will brighten your day; he will make you never want to fall out of love. Being born between September 23 and October 22, he is the perfect partner for any woman.

Prepared by Saloni Hindocha of Newsgram

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5 Women Whose Caliber, Achievements Would Inspire You

Women these days are spearheading in many sectors across the Globe and those listed below are some examples of the leading ladies.

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women
Indra Nooyi. Wikimedia
  • Women like Sheryl Sandberg, Arundati Bhattacharya, Indra Nooyi, Ursula Burns and Annie Wintour have achieved powerful positions defeating the patriarchal norms.
  • They are an inspiration to the millions wanting to succeed in life.

Sep 15, 2017: There was a time when very few names like Indira Gandhi and Kalpana Chawla were heard in the names of empowered women. But, times have certainly changed as every girl next door is now educated and independent. She is not just breaking the stereotypes but also setting a benchmark for a million more to become like her.

With a new wave of feminism being witnessed across the world, women are not just getting into various sectors but also leading it. Below are the examples of the World’s most powerful women whose work and strength are truly inspiring!

  1. Sheryl Sandberg

    Women
    Sheryl Sandberg.  Wikimedia.

Sheryl Sandberg, who served as the Chief Operating Officer for Facebook for four years has played an imperative role in the firm’s success. She is now a board member of the enterprise. Sandberg has been a strong advocate of feminism and equal work pay. She has also founded LeanIn.org, an organization for the empowerment of women across the globe.

2. Arundhati Bhattacharya

Women
Arundhati Bhattacharya. Wikimedia.

Arundhati Bhattacharya is the current Chairman of the State Bank of India (SBI) and one of the most successful bankers of India. She has been a  crucial part of the digitization of the system of SBI; thereby, keeping it at the number one position in the list of Indian banks. In 2016, Forbes magazine listed her as the 25th most powerful woman in the world. Arundhati also focused on making the organisation employee-friendly, especially for women.

Also Read: You Might be able to add Video Reviews to Google Maps Soon!

3. Indra Nooyi

Women
Indra Nooyi. Wikimedia.

Indra Nooyi, the current chairperson and Chief Executive Officer (C.E.O) of PepsiCo is one of the most renowned names in the world business. From Forbes to Times, she has featured in the list of world’s most powerful women many times. Despite the heavy competition in the market, PepsiCo has not just retained its position in the market but reached unprecedented heights under her leadership.

4. Ursula Burns

Women
Ursula Burns. Wikimedia.

Ursula Burns, the chairman of Xerox Corp is a role model for every woman out there. Fighting all odds and racism, she has reached a spot where she is known as one of the most influential personalities in the world. She was the first African-American woman to become the head of a Fortune 500 company.

She was the C.E.O of Xerox for from 2009-2016. She successfully established the company as a service provider, rather than just a manufacturer of printers and copiers during her tenure as the C.E.O.

5. Anna Wintour

Women.
Anna Wintour. Pixabay.

Anna Wintour, British-American journalist, who has been the editor-in-chief of Vogue for almost two decades.

In 2013, Vintour became the artistic director for Vogue’s publisher, Conde Nast. Her trademark of a pageboy bob haircut and dark sunglasses has been extremely followed. She has always been praised for her support lent to the young fashion designers.

by Megha Acharya of  Newsgram. 


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