Celebrating India’s independence, enterprise and progress
news

IRFC, NBCFDC and AIF Join Forces to Empower 500 Rural Women with Skills and Financial Inclusion in Nuh and Haridwar<br>

Feb 20, 2025 · Source: businesswire
IRFC, NBCFDC and AIF Join Forces to Empower 500 Rural Women with Skills and Financial Inclusion in Nuh and Haridwar<br>
In a groundbreaking initiative to empower rural women with sustainable livelihoods and financial independence, the American India Foundation (AIF), in collaboration with the Indian Railway Finance Corporation (IRFC) and the National Backward Classes Finance and Development Corporation (NBCFDC) has successfully concluded its "Women Empowerment" project in the aspirational districts of Nuh, Haryana, and Haridwar, Uttarakhand.

This initiative has equipped 500 rural women with industrial sewing machine skills, enabling them to become self-employed tailors and micro-entrepreneurs. This empowerment transcends skilling—through a strategic partnership with MeraBills - a fintech platform designed for small business owners, these women have also been onboarded into the formal financial ecosystem, allowing them to track transactions, manage customers, and scale their businesses with confidence.

Despite India’s rapid economic growth, women’s workforce participation has declined over the years, especially in rural areas. Today, women contribute only 18% to India’s GDP, and social norms, unpaid care responsibilities, and a lack of safe workplaces remain formidable barriers to their economic participation. Research indicates that if women participated in the workforce at the same rate as men, India’s GDP could rise by 43%—a staggering figure that underscores the urgent need for transformative programs like this.

At the valedictory ceremony in Nuh, Shri Rajan Sehgal, Managing Director, NBCFDC, emphasized the project’s far-reaching impact, stating:

"This initiative is more than just skill-building—it is about rewriting the future for women in rural India. By integrating market-linked training with financial inclusion, we are not just enabling livelihoods; we are creating a generation of financially independent women entrepreneurs. This is a model for true, inclusive economic growth—one that the Government of India is deeply committed to through its vision for 'Make in India' and rural development."

This initiative is already transforming lives in measurable ways. The trained women have collectively secured and fulfilled orders worth INR 25 lakh, producing school uniforms, industrial wear, and garments for 10-12 industrial buyers and local markets. This financial success has fueled a profound surge in confidence, reflected in an 80% average score gain during external assessments. Beyond employment, the program has ignited entrepreneurial ambition—with women launching home-run boutiques, fostering new job opportunities within their communities. The widespread enthusiasm and acceptance for this model underscore the impact of market-driven skills training, sustainable income generation, and a community-first approach—one that seamlessly integrates with the caregiving roles of rural women, enabling them to participate in the workforce while nurturing their families.

At the event, Manisha Tripathi, Regional Director, North, AIF, highlighted the transformative power of female entrepreneurship, saying:

"For too long, women in rural India have been seen as beneficiaries rather than economic contributors. This project proves otherwise. When women are given the right skills, tools, and platforms, they don’t just earn—they innovate, they lead, and they uplift entire communities. This initiative is a testament to AIF’s belief that empowering women isn’t just about equity—it’s about unlocking India’s true economic potential. The success of this project in aspirational districts underscores our commitment to empowering women with sustainable income opportunities and digital linkages, strengthening rural development initiatives across India."

The event saw participation from government officials, industry leaders, garment manufacturers, state rural livelihood missions, and the families of the empowered women, reinforcing the collective commitment toward bridging economic gaps and fostering long-term development.

With this initiative, IRFC, NBCFDC and AIF, and are not just creating employment opportunities—they are removing obstacles, expanding financial autonomy, and ensuring women play a leading role in shaping India’s economic future.

Comments (0)

Login to join the conversation

Login / Register

No comments yet. Be the first to comment!

More to Read

VICTORINOX INDIA WELCOMES ABHAY DEOL AS A FRIEND OF THE BRAND
news
Aug 15, 2026 1 min

VICTORINOX INDIA WELCOMES ABHAY DEOL AS A FRIEND OF THE BRAND

SHARED VALUES. AUTHENTICITY. CHARACTER. MUMBAI, India , Aug. 15, 2026 -- Victorinox India today announced actor Abhay Deol as a Friend of the Brand for its watch portfolio for the coming 18 months . Known for his authenticity, independent spirit and thoughtful approach to life, Deol reflects values that have guided Victorinox for more than 140 years. The association will bring Abhay Deol across Victorinox s watch portfolio, all collections including I.N.O.X., Maverick, Concept One Solar, Air Pro, Dive Pro and Concept One Automatic . Throughout this term, Deol will feature across all media touch touchpoints including digital, outdoor and retail touchpoints, celebrating a shared commitment to character, quality and enduring craftsmanship.

77 DAYS TO GO: 7 WONDERS OF FUTURE CITIES COUNTS DOWN TO START OF VOTING
news
Aug 15, 2026 1 min

77 DAYS TO GO: 7 WONDERS OF FUTURE CITIES COUNTS DOWN TO START OF VOTING

DUBAI, UAE , Aug. 15, 2026 -- 7 Wonders of Future Cities today marks 77 days until global voting begins on www.7wondersfc.com on 31 October 2026. The day, also known as World Cities Day, will be when the public can start choosing amongst the participating cities and developments, to become historically recognised as the leading representatives of the future of urban life. According to Jean-Paul de la Fuente, Chairman of the 7 Wonders of Future Cities campaign, Public participation, global visibility and the status of our recognised brand can transform urban vision into a shared cause, and we are seeing this already with motivating engagement from participating cities and developments from all over the world.

TestMu AI Unveils the Fifth Edition of the TestMu Conference in 2026
news
Aug 14, 2026 1 min

TestMu AI Unveils the Fifth Edition of the TestMu Conference in 2026

The world s largest virtual agentic engineering and quality conference returns with a focus on autonomous quality, agentic workflows, and AI-native testing strategies SAN FRANCISCO and NOIDA, India , Aug. 14, 2026 -- TestMu AI (formerly LambdaTest), the world s first Agentic AI-powered Quality Engineering platform, is excited to unveil the 5th edition of its flagship TestMu Conference, taking place virtually from August 19 21, 2026. This year s event is expected to host over 75,000 developers, builders, and quality engineers from more than 120 countries, making it the world s largest virtual conference dedicated to agentic engineering and quality.

Michael Owen Joins ehamarkets as Global Brand Ambassador
news
Aug 14, 2026 1 min

Michael Owen Joins ehamarkets as Global Brand Ambassador

HONG KONG and NEW YORK , Aug. 14, 2026 -- ehamarkets today announced a global brand partnership with England football legend and 2001 Ballon d Or winner Michael Owen, who has joined the brand as its Global Brand Ambassador. Owen said he was drawn to ehamarkets focus on technology, reliability and a simpler trading experience. I m delighted to join ehamarkets as its Global Brand Ambassador. I like the way ehamarkets uses technology to make trading simpler and more efficient. It s exciting to be part of a brand that is building a modern trading experience for people around the world.

RemotePeople Completes 2026 SOC 2 Type II Audit Across Security, Availability, and Confidentiality
news
Aug 14, 2026 1 min

RemotePeople Completes 2026 SOC 2 Type II Audit Across Security, Availability, and Confidentiality

The New York-headquartered global Employer of Record renews its SOC 2 Type II attestation for a full 12-month period, adding to its ISO 27001 and GDPR certifications and its recent A+ platform security rating from Astra Security. NEW YORK , Aug. 14, 2026 -- RemotePeople, a global provider of Employer of Record (EOR), payroll, and recruitment services operating in more than 150 countries, today announced the successful completion of its 2026 SOC 2 Type II audit , covering the Security, Availability, and Confidentiality Trust Service Criteria. The independent examination was performed by INTERCERT CPA LLC in accordance with AICPA SSAE 21 attestation standards and covered a continuous 12-month observation period from May 31, 2025 to May 30, 2026.

Bybit TradFi Perpetuals Extend 24/7 Exposure to Over 200 Global Equities and Pre-IPO Assets
news
Aug 14, 2026 1 min

Bybit TradFi Perpetuals Extend 24/7 Exposure to Over 200 Global Equities and Pre-IPO Assets

DUBAI, UAE , Aug. 14, 2026 -- Bybit , the world s second-largest cryptocurrency exchange by trading volume, is pleased to announce TradFi Perpetual Contracts now offer over 200 curated TradFi-themed listings , marking one of the highest quality coverage of TradFi derivatives exposure available on a crypto-native platform. The lineup now spans equities, ETFs, precious metals, indices, and oil, with coverage extending across premium US, Hong Kong, South Korean and other equities markets.

FERRERO GROUP TO ACQUIRE PURELY ELIZABETH, A LEADING U.S. MODERN WELLNESS BRAND
news
Aug 14, 2026 1 min

FERRERO GROUP TO ACQUIRE PURELY ELIZABETH, A LEADING U.S. MODERN WELLNESS BRAND

LUXEMBOURG and BOULDER, Colo. , Aug. 14, 2026 -- Ferrero Group today announced it has signed an agreement to acquire Purely Elizabeth, the high-growth modern wellness brand and a leading better-for-you food company based in the U.S. The acquisition further enhances Ferrero s relevance at the American breakfast table with Purely Elizabeth joining its portfolio. Following closing, Ferrero intends to support Purely Elizabeth s next phase of growth through continued product innovation, operational capabilities and expanded distribution, helping the brand reach more consumers while preserving its distinct identity and commitment to quality.

Deeper Insights, Better Analytics: Bybit Options Close the Data Gap Between Retail and Institutional Traders
news
Aug 14, 2026 1 min

Deeper Insights, Better Analytics: Bybit Options Close the Data Gap Between Retail and Institutional Traders

DUBAI, UAE , Aug. 14, 2026 -- Bybit , the world s second-largest cryptocurrency exchange by trading volume, announced a major upgrade to its Options Data section, introducing a suite of institutional-grade analytics to provide traders with a clearer view of volatility, positioning, and market structure. The redesigned page integrates institutional-grade analytics with a cleaner, more accessible interface for all users. Options trading has been gaining popularity among digital asset derivatives traders, as they increasingly move beyond simple long or short positions to alternative strategies that account for volatility, time decay, and risk management. Options give traders the right, but not the obligation, to buy or sell an asset at a set price before a set date.