World's focus must be on women-led development: Munda at G20 event

India's G20 presidency seeks 'human-centric globalisation', says Union tribal affairs minister

The world must reorient its focus from women’s development to women-led development, said Union tribal affairs minister Arjun Munda on Tuesday, outlining India’s vision for financial inclusion.

Munda, who was addressing the plenary session of the G20 Global Partnership for Financial Inclusion (GPFI) in Kolkata, said that financial inclusion should be utilised as a tool to ensure financial and economic empowerment and self-reliance of women.

   

This may be done through policy incentives such as collateral free loans, credit lines, single window clearances, simplifying compliances and paperwork, innovative financing, mandated percentage of bank funding for women, he said.

“This should also