Categories: Agreements

Odisha tie-up with UNCDF to launch “Mission Shakti Living Lab”

Odisha inked an agreement with United Nations Capital Development Fund (UNCDF) to launch “Mission Shakti Living Lab” for the financial empowerment of women. A Global Centre for Financial Health, to launch Mission Shakti Living Lab empowering women economically and drive gender equality. With the use of digital technologies and e-commerce, it will increase the income and financial well-being of women, self-help groups (SHGs) and households by helping them in the factors of planning, saving, borrow or spending better. It will address the barriers related to the autonomy and financial freedom of women.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

About the Mission Shakti:

Mission Shakti was launched in 2001 to enhance the holistic development of women, there are 6.02 lakh self-help groups (SHGs) comprising 70 lakh members across rural and urban areas of Odisha under the initiative. This initiative led to an increase in the income of SHG members from Rs 3,000 to 15,000 per month in Odisha.

Important takeaways for all competitive exams:

UN Capital Development Fund Founded: 1966;
UN Capital Development Fund Headquarters: New York, United States;
UN Capital Development Fund Executive Secretary: Preeti Sinha.

Find More News Related to Agreements

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.