FLO National President Sudha Shivkumar terms the budget forward looking 

New Delhi, February 1, 2024 FICCI Ladies Organisation ( FLO) apex body of businesswomen in the country commends  Finance Minister Nirmala Sitharaman for presenting a forward-looking budget that addresses diverse facets of our nation's development.

“The increased target for the Lakhpati Didi scheme aligns with our aspirations for inclusive economic empowerment. It is heartening that the finance minister announced the target for the 'Lakhpati Didi' scheme, which was initially set at 2 crore women, has been enhanced to 3 crore women. These SHGs have emerged as catalysts of change, transforming the rural economy by empowering women with financial independence.” Said Ms Sudha Shivkumar National president, FLO 

“We appreciate the emphasis on MSMEs, recognizing their pivotal role in global competitiveness. The commitment to next-generation reforms and collaboration with states bodes well for effective implementation.” She said. 

“The government's vision for the next five years, fostering unprecedented development and aiming to become a developed country by 2047, is inspiring. The rapid development of all forms of infrastructure and the empowerment of women through initiatives like Mudra Yojana and PM Awas Yojana showcase tangible progress.” Shivkumar said .

The strides made in skill development, higher education, and women's participation in the workforce are commendable. The allocation to the Education Ministry in 2023-24 reflects the government's dedication to nurturing a knowledge-based society.

“It's encouraging to see Nirmala Sitharaman highlight the impressive 43% female enrolment in STEM courses. The government's initiative to leverage existing hospital infrastructure for expanding medical colleges is a strategic move. The formation of a committee to address issues and provide recommendations demonstrates a proactive approach towards enhancing healthcare and education sectors. It is also noteworthy that the finance minister also announced that the government would encourage cervical cancer vaccinations for girls between the ages of nine and 14. The extension of Ayushman Bharat cover to Anganwadi and Asha workers also demonstrates a commitment to comprehensive healthcare.” She added 

The focus on tourism projects, especially in islands like Lakshadweep, underscores the potential for growth in the sector. I am sure more and more women entrepreneurs will benefit from 

FICCI FLO looks forward to actively engaging with these initiatives and collaborating with the government to catalyse sustainable growth. Like Nirmala Sitharaman stated, the trinity of democracy, demography, and diversity indeed positions India for a promising future.