Now Reading: Redirect trillions to women’s economic empowerment: AVPN CEO
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Redirect trillions to women’s economic empowerment: AVPN CEO
Naina Subberwal Batra, CEO of AVPN, has said that less than 20 per cent of philanthropic or social capital actually reaches the marginalised communities it is meant to serve. In an exclusive…
The Story in Brief
Naina Subberwal Batra, CEO of AVPN, has said that less than 20 per cent of philanthropic or social capital actually reaches the marginalised communities it is meant to serve. In an exclusive interview with Times Now Digital, she said the problem is not a shortage of capital but a lack of transparency and alignment between funders and ground-level implementers, especially in hard-to-reach areas.
If Asia and India could redirect trillions in capital, Batra said the priority should be women’s economic empowerment. She cited women's creditworthiness in microfinance and their role in agriculture as reasons. AVPN's conference is coming to India for the first time, where it hopes to push private capital in partnership with the government to meet the Sustainable Development Goals.
The Indian Opinion
The AVPN chief’s claim that less than a fifth of social capital reaches the marginalised is striking but not surprising. It exposes a lazy narrative that throwing more money at problems is the solution. The real test is how transparently funds are routed through smaller, local organisations, not just metros. If India’s Rs 27,000 crore in CSR money is to be deployed effectively, we need to watch the percentage that actually lands in villages where women entrepreneurs and farmers are waiting for it.
Source: timesnownews.com
This story was synthesised by AI from the source linked above.
