The path to women’s empowerment is filled with both triumphs and challenges. It stands as a critical element in the quest for gender equality, emphasizing the importance of grassroots initiatives. Empowerment of women involves enhancing their sense of self-worth, their ability to determine their own choices, and their opportunity to bring a change in society for both themselves and others. The Bhagyalakshmi Scheme, introduced by Methods India Pvt Ltd, is a pivotal initiative aimed at making a tangible impact on achieving gender parity. Our commitment extends to aiding women across various socio-economic strata.
In a nation where 84 million people live in abject poverty, with 69% of its populace residing in rural areas, exploitation of the disadvantaged manifests in myriad forms. Women, trapped in a long-standing cycle of patriarchy, bear the brunt of this exploitation, relegated to a status of perpetual subordination.
At MIPL, a significant portion of our workforce comes from the surrounding villages of Hoskote Taluk in Karnataka. This region boasts a literacy rate of 86.22%, surpassing the state’s average of 75.36%. Yet, despite these figures, girls born in these villages face economic challenges exacerbated by a systemic bias favouring males. This bias is evident through all phases of a woman’s life, from infancy and girlhood to her roles as a wife and mother.
To address this, Methods India’s Bhagyalakshmi Scheme earmarks Rs. 100,000 for every female child born to our employees in these villages. This sum is secured in a fixed deposit in the child’s name until she reaches marriageable age, to help the family at which point it can be withdrawn to cover marriage-related expenses. This initiative reflects our commitment to help the family towards marriage-related expenses. This initiative reflects our commitment to providing financial support to families when it is most critical.