"We need formalisation, urbanisation, industrialisation and human capital. We need to fix our schools and colleges," Manish Sabharwal Photograph: (Twitter)
"Women don't just build businesses, we build nations," Lerato Motsamai, Founder and CEO, Google Lerato
The concluding day at the Global Entrepreneurship Summit 2017 came to an end with an engrossing session moderated by CEO of NITI Aayog, Mr Amitabh Kant. Closing Session panellists included Mark Green, American diplomat and Administrator, USAID; Dipali Goenka, CEO and Joint-Managing Director, Welspun India Limited; Kristina Perkin Davison, Co-founder and Managing Partner, iEurope Capital; Lerato Motsamai, Founder and CEO, Google Lerato and Manish Sabharwal, Co-Founder and Executive Chairman, TeamLease.
As the session continued to focus on the underlying theme of the three-day-long event - women empowerment and entrepreneurship - the panellists made interesting remarks on ways to reduce hurdles faced by women at large.
"This is the time for women entrepreneurs, as they rise. we all rise," noted Mark Green.
Manish Sabharwal went on to identify four things that can solve most issues in India, "We need formalisation, urbanisation, industrialisation and human capital. We need to fix our schools and colleges", he noted.
"We don't have lack of jobs, we don't have desirable wages. The solution can be self-employment which is fraught with challenges," he added. He went on to share that women's participation in the Indian workforce dropped from 31% to 18% in the last 25 years.
Lerato Motsamai, Founder and CEO, Google Lerato shared how all women across the globe face similar challenges. "Women don't just build businesses, we build nations," she exclaimed.
Mr Kant noticed the significance of women to contribute more to the GDP. Men must take up roles traditionally played exclusively by women, he expressed.
As men, we need to recognise barriers women face - like access to credit, the digital divide & certain stigmas that lock them out of the marketplace: @USAIDMarkGreen at #GES2017 pic.twitter.com/82fKatqIzY— NITI Aayog (@NITIAayog) November 30, 2017
"We need to focus on education, health, nutrition in India. We need to focus on all states and districts of the country, it is not about a branding campaign. We must ensure better livelihood to women," Mr Kant concluded.