Karnataka CM wants to set up bank for women entrepreneurs
The Hindu
Wants to empower women to enable them to contribute to State’s GDP
Promising greater help to women entrepreneurs in Karnataka, Chief Minister Basavaraj Bommai said he is in talks with officials in the Finance Department to start a bank exclusively to enable better access to finance.
“I have been thinking of an institution that can provide greater finances to women entrepreneurs. I am talking to Finance department to create a financial institution to cater exclusively to women entrepreneurs whether they are a Stree Shakthi Sangha or individual entrepreneurs,” the Chief Minister told women entrepreneurs in Bengaluru on November 18. Addressing participants at ‘Together We Grow’, an event organised by UBUNTU Consortium of Women Entrepreneurs Association to mark International Women Entrepreneurship Day, he said that though Stree Shakthi Sanghas are provided financial assistance, they require bigger finances.
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