Aluminum producer Vedanta Jharsuguda has begun a series of training sessions on financial literacy for women members of its flagship sustainable livelihood project, Subhalaxmi Co-operative.
With a membership base of 4,000, Subhalaxmi is one of the largest rural co-operatives in Odisha, engaged in promoting sustainable livelihood opportunities among women, creating avenues for entrepreneurship through skill development, and providing financial assistance to the members for furthering their enterprises, said a press release.
Each year, Vedanta and Subhalaxmi Co-op collaborate to conduct a slew of training sessions and capability building exercises for the members.
CN Singh, CEO, Vedanta Ltd., Jharsuguda, said, “Vedanta’s commitment to the development of women and children in India is realized through the significant developmental initiatives that we have undertaken at the grassroots level. The financial inclusion of women, especially those hailing from rural margins, is of utmost importance to the true progress of our country. In partnership with Subhalaxmi Co-operative, Vedanta is proudly championing this movement in the many villages of Jharsuguda.”
Jibardhan Kheti, from Mission Shakti (Bargarh), the Government of Odisha’s flagship women empowerment initiative, who conducted the financial literacy sessions, said, “We are proud to partner with Vedanta, in increasing awareness levels of rural women in the importance of savings, loan, insurance and other tools of sound financial management.”