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Vice President Naidu bats for women empowerment through financial literacy
Addressing the National Conclave on Women's Empowerment Through Financial Literacy held in Hyderabad, Vice President M Venkaiah Naidu asserted that the nation could not accelerate its progress unless women were involved as equal stakeholders in every sphere of activity, informed an official release.

At the event organized in association with the Vodafone India Foundation, Vice President Naidu called for greater thrust on empowering women through financial literacy. Urging the governments at State and the Centre, NGOs and civic society at large to collectively work towards educating women on financial management, he added, "Making women equal partners in progress must begin by making them independent and empower them to deal with finances," he added saying that there was a need to realize that one cannot change social dynamics without women's involvement in the economy.

"We cannot accelerate progress unless women are involved as equal stakeholders in every sphere of activity, including agriculture. Let me recall the words of the Father of the Constitution, Dr BR Ambedkar, who had said: I measure the progress of a community by the degree of the progress which women have achieved," he added.

Here are some important one-liners from his address.

-Wealth creation is essential for establishing a welfare State.

-Engage self-help groups and other women associations across states for taking financial literacy to the base of the pyramid.

-Ensure access to quality and affordable education is highly crucial in empowering women and laying a strong foundation for a literate society.

-One cannot change social dynamics without women's involvement in the economy.

-Educating women and girls about financial services, instilling the value of investment and the discipline of financial investing in them early would not only make them run households better, but would also help bring a turnaround in the fortunes of our country.

-Empowering women through financial literacy is not only important in terms of bridging the gender gap but also to ensure a more secure future for women.

-Economic empowerment through microfinance is core to empowerment of rural women.

-Women entrepreneurs need to fully utilize various opportunities available to them under different schemes such as MUDRA, Stand Up and Start Up to enhance income-generating activities.

-Both men and women need to be sufficiently financially literate to take active part in the economy and make appropriate financial decisions.

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