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News on Medial
Atal Pension Yojana seeing higher participation from women, youngsters: Eco survey 2024
Money Control
ยท
1y ago
Medial
The Economic Survey of India highlights the positive growth of India's pension sector, particularly the Atal Pension Yojana (APY) and National Pension System (NPS) schemes. The survey shows an increase in the share of women and younger individuals in the APY subscriber base. However, the report also notes that the majority of APY subscribers opt for the minimum guaranteed pension payout due to low-income households prioritizing daily expenses over savings. The survey suggests that there is potential for further growth in the NPS, especially among corporate employees and self-employed professionals. With increasing life expectancy and changing family support systems, the need for independent sources of income in old age is becoming more crucial.
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Easy Trip Planners partners with Ministry of Rural Development to empower self help groups
Thehindubusinessline
ยท
1y ago
Medial
Easy Trip Planner Ltd.'s online travel platform, EaseMyTrip.com, has entered into a partnership with India's Ministry of Rural Development to train women belonging to Deendayal Antyodaya Yojana-National Rural Livelihoods Mission's Women's Self Help Groups (SHGs). The initiative, known as Lakhpati Didi Yojana, aims to empower rural women by providing them with skill development and entrepreneurial training. EaseMyTrip will offer training to one member per SHG in 800 districts across India, covering various travel reservation segments. The partnership also includes revenue-sharing from bookings made by the SHG members for promoting financial independence.
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Indiaโs unemployment rate rises 5.6% in May from 5.1% in April
Economic Times
ยท
1m ago
Medial
India's unemployment rate increased to 5.6% in May 2025 from 5.1% in April, according to the Periodic Labour Force Survey. Both rural and urban areas saw a rise, especially among the youth, with rural youth unemployment at 13.7% and urban youth at 17.9%. The female unemployment rate was slightly higher at 5.8%. The Labour Force Participation Rate was 54.8%, down from 55.6% in April.
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Economy to grow slower unless more women join workforce: MeitY secretary - The Economic Times
Economic Times
ยท
15d ago
Medial
S Krishnan, MeitY secretary, emphasized that India's economic growth will remain suboptimal unless more women join the workforce. At an event by Quess Corp and Udaiti Foundation, he highlighted the need for higher female participation, especially in states with aging populations like Tamil Nadu, to balance job demand and availability. Women comprise a significant portion of the workforce in large factories and sectors like IT. Efforts are being made to improve conditions and participation rates.
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Digital Push Pays Off: 73% MSMEs Grow via UPI, Smartphones, Women
StartupTalky
ยท
1m ago
Medial
A survey by PayNearby revealed that over 73% of MSMEs have experienced business growth through digital adoption, primarily via UPI and smartphones. The report highlights increased digital integration among semi-urban and rural businesses, with women entrepreneurs showing higher technology adoption rates. Digital payments, particularly UPI, are gaining traction, and thereโs growing exploration of AI tools. The findings emphasize the role of digital tools in enhancing MSME operational efficiency and business scaling.
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Karnataka open to partnering with Meta for cybersafety: State IT Minister Priyank Kharge
Economic Times
ยท
1y ago
Medial
Karnataka's IT Minister, Priyank Kharge, expressed interest in exploring partnerships with Meta to enhance digital cyber safety, particularly for women and children. He highlighted the need to prevent youngsters from falling into the trap of fraudulent loan apps. Kharge also mentioned discussions with Meta to tackle misinformation and disinformation online. Cybercrime cases in Karnataka accounted for over 20% of total police registrations last year, resulting in a daily loss of Rs 1 crore to cyber fraud. The state aims to increase awareness and recovery of lost funds in such cases.
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Ladli Behna Yojana instalment amount increased to Rs 1,500: How to check Ladli Behna Yojana instalment status - The Economic Times
Economic Times
ยท
15h ago
Medial
Madhya Pradesh's Chief Minister Mohan Yadav announced an increase in the Ladli Behna Yojana monthly assistance to Rs 1,500 starting from Bhai Dooj. This scheme, aimed at women's economic self-reliance and health improvement, benefited over 1.26 crore sisters, who received the increased amount on August 7, 2025. Eligible married women who meet specific criteria can check their payment status online using their application number or Samagra ID.
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Lightspeed leads Whizzo's $4.2 million seed fundraise
Economic Times
ยท
6m ago
Medial
Whizzo, a materials science manufacturing company in Bengaluru, raised $4.2 million in seed funding led by Lightspeed, with participation from Beenext. The funds will enhance R&D, design labs, and supply chain in Asia, targeting the US market for fashion and medical textiles. Whizzo, founded in 2024, specializes in engineered textiles for various industries. The firm aims to expand client base and focus on sustainable textiles in European and Japanese markets, driving textile innovation with eco-friendly practices.
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Indian Consumers' Growing Appetite for Premium Products
Robots
ยท
1y ago
Medial
Indian consumers are increasingly opting for premium products and services across various sectors, from real estate to smartphones and luxury hotels. The shift in consumer behavior presents opportunities for businesses to cater to growing demand for higher-end offerings. Analysts suggest that rising incomes, COVID-19-induced changes in spending habits, and easier access to credit have contributed to this trend. However, improving workforce participation, especially among women, is essential for sustaining and accelerating this growth.
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Number of non-farm firms grew 13% to 7.3 crore: Govt survey | Company Business News
Livemint
ยท
7m ago
Medial
The number of non-farm businesses in India, including proprietorships, partnerships, and self-help groups, increased by 12.84% to 7.34 crore, according to the Union statistics ministry. This growth reflects the recovery and resurgence of the unincorporated non-agricultural sector from the challenges posed by the pandemic. The survey also highlighted a robust labor market growth, with 12 crore people employed by these enterprises during the survey period. Additionally, the share of women-owned businesses increased, indicating a positive shift in female business ownership. The statistics ministry's survey results suggest improvements in wage levels and the overall state of the economy.
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7 Women-Led Startups Driving Impact at Scale in Climate Action
Internet
ยท
1y ago
Medial
Tvaran, a collaboration between Cisco and Villgro, supports women-led startups in the climate action sector, providing access to markets and finance. Its first cohort had seven impactful startups --- from Bharat Krushi Seva, Climatesense, Green Grahi, and MOWO Fleet to GreenDelight, Swachha Eco-solutions, and KNP Arises. Read on to learn more about these ventures.
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