TWO NEW US PROGRAMMES FOR WOMEN
Washington, Feb. 8: The Trump administration has announced that it will launch two projects in India in partnership with the private sector as part of its historic initiative to empower 50 million women globally to tap their economic potential.
The initiative will be led by Ivanka Trump, the eldest daughter and senior advisor of President Donald Trump.
US President Donald Trump signed a memorandum to launch the Women’s Global Development and Prosperity (W-GDP) Initiative a first-of-itskind, whole-of-government approach to women’s economic empowerment One of the programmes will be launched in West Bengal.
The United States Agency for International Development (USAID) in partnership with PepsiCo in West Bengal will scale women’s economic empowerment throughout PepsiCo’s agriculture supply chains, he White House said.
“The OPIC (The Overseas Private Investment Corporation) $100 million loan will expand IndusInd’s microfinance lending to women in India,” it added. Further the USAID-UPS MoU is aimed at improving the ability of women entrepreneurs to export their goods to markets, with a focus in Africa, Asia, and Central America.