By Ms. Shivani Wagh, Joint Managing Director, Supriya Lifescience Ltd.
On this Women’s Day, it is crucial to recognize that women are not just contributors but key drivers of India’s economic growth. The Union Budget 2025-26 reflects this commitment, with an allocation of ₹4.49 lakh crore toward gender-focused initiatives. This decisive step aims to bridge gaps in education, skill development, and financial inclusion, reinforcing the government’s dedication to fostering a more inclusive economy. While the 37.5% increase in budgetary support is encouraging, true empowerment will be realized when these investments translate into tangible, sustainable opportunities.
Ms. Shivani Wagh, Joint Managing Director, Supriya Lifescience Ltd
Women-Led Entrepreneurship: A Catalyst for Growth
With over 14% of Indian enterprises led by women, female entrepreneurship is gaining momentum. This rise is not just a statistic—it is a testament to the resilience and innovation of women in business. However, access to capital remains a significant hurdle, making credit programs and self-employment schemes critical in empowering aspiring entrepreneurs. Additionally, strategic investments in STEM education and advanced manufacturing will be instrumental in breaking gender barriers and increasing women’s participation in high-value industries.
Beyond Policy: The Need for a Societal Shift
While policy support is essential, true empowerment requires a fundamental shift in societal attitudes. Increasing female representation in leadership, fostering greater workplace inclusivity, and cultivating a mindset that prioritizes gender equity are just as important as financial incentives. Initiatives like Beti Bachao Beti Padhao and Pradhan Mantri Jan Dhan Yojana have laid a strong foundation, but the next step is to accelerate actionable change.
Building an Inclusive Future
As we celebrate Women’s Day, we must ask ourselves: Are we creating an ecosystem where women can not only enter the workforce but also thrive, innovate, and lead? The future of our economy depends on how we answer this question. A truly inclusive and equitable economic landscape will not only empower women but will also drive India toward its ambitious goal of becoming a $5 trillion economy.
Let’s break barriers, build opportunities, and shape a future where every woman has the resources, support, and platform to achieve her full potential.
