Empower Education

The role of FinTech is vital as we move towards the Indian Government's Vision of “Vikasit Bharat 2047”. FinTech is revolutionising India's economic growth through #technology #innovation, empowered #inclusion and #sustainablity. Sharing an interesting report of PWC & Assocham which indicates the "Emerging themes that will lead India into the next era of FinTech". Information Source: https://lnkd.in/dV_tbqPZ The objective to share this report is knowledge sharing! #VikasitBharat2047 #Inclusion #GreenFinance #GenAI #LongevityFinance #Ecosystem #Banking #CrossBorder #Finance #AlternativeInvestments #DigitalCurrency #CentralBank #RegulatoryCompliances #IndianEconomy #Sustainable #Future #5TrillionEconomy

To know more get in touch at: www.empowereducation.in | alpa@empowereducation.in #EmpowerEducation #GoBeyondtoGrowBeyond #workquotes #Leadership #inspiration

Thank you For inviting me... MSME & Startups Forum - Bharat #Bengaluru where 100+ MSME & Entrepreneurs attended the event. Endorser Chhaya Gandhi, Sr. National Vice President & State President Karnataka of MSME & STARTUP FORUM BHARAT & Ms. Alpa Shah, Chairperson Women Entrepreneurs Development Cell at MSME & STARTUP FORUM BHARAT spoke about MSME and Entrepreneurs contribution in Economy and how the Forum can help in guiding them for growth of their Business. MSME & Startups Forum - Bharat What a super successful show kudos & congratulations to team Karnataka. #thankyou #thankyoupost #MSMEandStartupsForumBharat #MSFB #bangaloreevent #businessgrowth #entrepreneursempowerment #entrepreneurscontribution #IndianEconomy

Discover the rise of women investors! Here are some key highlights from a report of Crisil, An S & P Global Company for insights!   As per the Periodic Labour Force Survey Oct 2023, participation of women in the labour force has jumped from 23.3% in 2017-18 (July to June) to 37.0% in 2022-23 (July to June). The participation rate has grown at a faster pace, rising to 41.5% versus 24.6% five years back. As per the the latest CRISIL & DBS report, ‘Women & Finance’ 🎯 47% of women take financial decisions on their own, reflecting the momentum in financial independence 🎯 Self employed women are likely to have more autonomy in taking financial decisions, at 55%, versus 39% of salaried women 🎯 Older women are financially more independent, with 65% of women above the age of 45 years managing their finances independently, primarily due to experience & understanding of finance products & services 🎯 58% affluent women tend to have higher financial autonomy versus 38% of semi-affluent ones due to higher financial literacy & access to resources 🎯 Women parked a higher share of their money in bank fixed deposits & savings bank accounts at 51% versus 46% for households in India. Their investments in capital market instruments, such as mutual funds, were also higher at 15% versus 8.4% for households 🎯 Self-employed women had higher exposure to mutual funds (17%) & lower investments in bank deposits (49%) versus salaried women who had 13% & 57% exposure, respectively 🎯 The share of women folios & AUM in B-30 cities has increased from 15% to 18% & from 17% to 28% during the period 🎯 An analysis of the state-wise share of women in the mutual fund industry shows #Goa as highest, followed by states from the #northeast. Followed by #Chandigarh, #Maharashtra #NewDelhi 🎯 With access to information & technology women investors opt to invest directly in the mutual fund industry. From 2017 to 2023, rate of direct investments increased from 11.3% to 19.5% 🎯 Women mostly (47%) relied on family members in financial decision-making, their second most trusted resources are financial advisors or chartered accountants, at 27% 🎯 Women investors are parking their funds in regular SIPs, at 17% in both B30 & T30 cities, for more than five years compared with 3-5% for direct plans in these regions respectively 🎯 The no. of active women distributors has increased steadily since March 2017 to near the 21,000 registration mark as of December 2023, with the total AUM managed by them closing in around Rs 1.7 lakh crore as of that period 🎯 National Family Health Survey - Urban women's involvement in key household decisions surged to 91% in 2019-20 from just 49% in 2005-06. The CRISIL DBS report, ‘Women & Finance’, found 98% of urban women were at the forefront of long-term family decisions, including household financial investments The purpose of this post is knowledge sharing Source https://lnkd.in/dw9fXPXQ

Sharing a valuable #memory with Smt. Vijaya Rahatkar ji, who had graciously written a #foreward for my first book, “Every Woman Should Invest”. We #congratulate her for her recent appointment as the #Chairperson of the National Commission for Women (NCW). She will be the 9th Chairperson of NCW. You continue to inspire us with your hardwork, dedication and focus! #EveryWomanShouldInvest #NCW Vijaya Rahatkar, National Commission for Women - India

@Pune..I am deeply honored to have been felicitated for my contributions especially for women entrepreneurs...by distinguished leaders, including: - Smt. Dr. Medha Kulkarni, Member of Parliament (Rajya Sabha)  - Smt. Usha Bajpai, President of the KalaBharati Association  - Smt. Madhavi Bhuta, Sadasya of the KalaBharati Association This recognition is a testament to the collective work being done to uplift women in society. I am committed to continuing this journey of fostering more opportunities for women to thrive.... #thankyou #recognitionawards #felicitated #recognizingwork #womenentrepreneurs #womenentrepreneursempowerment #empoweringwomen #pune

An interesting read ”India's Economic Outlook" and How urban & rural changing consumers' preferences are creating business opportunities. Key highlights shared below are excerpts from the article of Global Research Center, Deloitte: 🎯 India took a big economic leap this leap year: The country ended fiscal year 2023 to 2024 with a big bang, surpassing all market estimates of GDP, with 8.15% year-over-year (YOY) growth. 🎯 Deloitte projects annual GDP growth to be between 7.0% and 7.2% in fiscal 2024 to 2025 and between 6.7% and 7.3% the following fiscal year as markets adapt to geopolitical uncertainties in their investment and consumption decisions. 🎯 India is likely to experience improved capital flows, boosting private investment and exports. 🎯 Inflation concerns remain, but we expect them to ease in the latter half of the next fiscal year, barring any surprises from rising oil or food prices. 🎯 Consumption spending has remained modest over the past five years despite overall strong GDP growth. 🎯 Distinct and broad-based shifts in the country’s consumption patterns. 🎯 A significant shift toward increased spending on luxury and premium goods and services. 🎯 While urban households collectively outspent their rural counterparts over the past decade, the latter has quickly caught up in spending on discretionary durable goods (including automobiles and electric and electronic goods) as well as services. 🎯 There is a broad-based shift in the composition of consumption toward more nonfood items, reflecting changing lifestyles and preferences. 🎯 The declining share of spending on education is a concern though, especially in urban spending where the share declined by 2.43% since 2009–10. 🎯 Identified opportunities for businesses based on emerging spending patterns. 🎯 Fourth-quarter economic activities pointed to three interesting trends: improvement in private consumption, exports, and manufacturing. 🎯 Changing spending preferences are creating new business opportunities. Information Source: https://lnkd.in/dSmEKrzK The purpose of this post is knowledge sharing! #India #Economy #GB2GB #GrowBeyond2GoBeyond

Thank you for inviting me as Guest of Honour : Land & Leisure Home Expo 2024 More than 15000 People which includes Real Estate Developers, Investors & Professionals are expected to attend over 3 days (18th to 20th Oct) #RadioCity #ZeeNews #OutlookBusiness

Interesting excerpts from a report on “The emerging force of millennial investors is here to stay & grow” by CAMS has provided the below key highlights: According to the report, Millennials have been the dominant segment among the new investors who entered mutual funds in the last five years (FY 2019 - FY 2023). Key highlights of the report, include: 🎯 1.57 Crore new investors during the five-year period FY19-FY23 entered CAMS serviced Funds. 🎯 Of these 1.57 crore, 84.8 lakh were millennials with 54 % share 🎯 Of these 84.8 lakh, nearly 26% were women 🎯 85% of the new millennial entrants came from urban locations – T 30 locations 🎯 This segment has cumulatively added 1.54 crore SIPs during the five year period. 🎯 A sizeable number (33 lakh ) have also diversified across funds houses over the five years, with having investment in more than one fund house 🎯 Digital and straight through investment via electronic platforms is significant at 75%. 🎯 Paper is still prevalent in B30 locations  🎯 Gross inflows from millennials across the five years was over Rs. 1,00,000 crore, of which over Rs. 65,000 crore was into equity schemes (Growth & Equity Oriented Schemes & Hybrid schemes) 🎯 The AUM of the millennials who stayed through the five years stands at Rs.96,000 Crore as at Mar 2023. Information Source: https://lnkd.in/dAArnU34  This extract is chosen for industry knoweldge sharing! Rtn Alpa Shah #EmpowerEducation #Industry #Update #Knowledge #MutualFunds #GB2GB

Financially savvy + tech-savvy! It's incredible to see how women are increasingly embracing fin-tech platforms for their investment needs. This #Navratri, let's celebrate adaptability to technology shown by them to navigate through complex world of invesments & achieve their financial goals. #EmpowerEducation #GB2GB #navratriday9 #financialempowerment #WomenInvestors #empoweringwomen #womeninfinance #LeadingTheFuture #womenleadingtheway #AdaptabilityMatters #fintechplatforms