Deccan Chronicle

TWO NEW US PROGRAMMES FOR WOMEN

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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.

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