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Women entrepreneurs must focus on scale and good team: Kiran Mazumdar

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Bengaluru: Kiran Mazumdar, Biocon Chairperson on Thursday said women entrepreneurs must focus on scale and building a good team.

“As women, we must focus on building scale. If you don’t build scale, I really believe you will be at a disadvantage. You cannot then build a credible business story,” said Shaw at panel discussion ‘Promoting Women Entrepreneurship’ at Invest Karnataka 2016 Global Investors Meet (GIM).

According to Shaw, scaling process is a daunting task without creating a good team.

“A good team with critical competencies about business modeling, about finance and about marketing is a very important contributor to scaling and success,” she said at the discussion attended by women entrepreneurs from across Karnataka.

Shaw considers her bio-technology company Biocon as the first startup to emerge from Bengaluru and narrated the difficulties she faced while sharing it.

“In 1978, the bankers did not have faith in me that I, being a woman, am capable of setting up a business. Loans for women entrepreneurs were classified under the handicapped and backward classes category,” she revealed.

She thanked Karnataka State Industrial Investment and Development Corporation (KSIIDC) and Karnataka State Finance Corporation (KSFC) for coming to her aid and approving the loan.

The panel discussion also hosted a sister city initiative agreement signing between Bengaluru and San Francisco. Additional Chief Secretary Ratna Prabha and Sister City Initiatives co-chair Nandini Tandon exchanged the agreement.

Earlier, Women Entrepreneurs Guidance Cell (Mahila Udyamavani Cell) was launched to give a shot in the arm for women entrepreneurs.(IANS)

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Family Size Can Be Determined By Reproductive Rights: Study

To make freedom of choice a reality, the report urges countries to offer universal access to quality reproductive health care

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Reproductive Rights, abortion
A community health worker holds up contraceptives during a lecture on family planning at a reproductive health clinic run by an NGO in Tondo city, metro Manila. VOA

Family size is closely linked to reproductive rights, according to the State of World Population 2018 report.

The U.N. report says people in developed countries tend to have lower fertility rates because of greater access to family planning services, modern contraceptives and age-appropriate sex education.

The director of the U.N. Population Fund office in Geneva, Monica Ferro, says in places where reproductive rights are constrained, either due to lack of resources or government mandates, people have a limited ability to choose the size of their families.

reproductive rights
Google suspends Ireland’s Abortion Referendum Ads, VOA

“Many sub-Saharan African countries, for example, have fertility rates of four or more births per woman,” Ferro said. “At the other end of the spectrum, you have some eastern Asian and European countries with fewer than two births per women. In both cases, individuals face obstacles to the full realization of their reproductive rights.”

The world population is expected to increase by 2.5 billion by 2050, to nearly 10 billion people, with sub-Saharan Africa expected to contribute more than half of that growth.

Women in Africa must overcome many legal and social barriers to achieve control of their fertility, Ferro said.

reproductive rights
Women in Africa must overcome many legal and social barriers to achieve control of their fertility.

“Women may not have the access to medical services,” she told VOA. “They may not have the access to child care. They may not have access to all the institutional and social support that comes with being ready or being able to plan your fertility.”

Also Read: Brisbane, Australia Protests Against Plans To Decriminalise Abortion

To make freedom of choice a reality, the report urges countries to offer universal access to quality reproductive health care, including modern contraceptives and better education.

It also advocates for a change in men’s attitudes toward a woman’s right to choose the number, timing and spacing of children. (VOA)

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