Mangalore, Sep 26: œIrrespective of political representation of women in India, we need to focus on women as a constituency in social, economic, cultural and political contexts. The economic empowerment of women is a prerequisite for sustainable development, said Prof Yashavantha Dongre, co-ordinator, Third Sector Research Centre, University of Mysore.
He was delivering the keynote address at the inaugural ceremony of two-day national seminar on'Women Empowerment through Micro-finance Challenges and Prospects' organised by Department of Commerce, St Agnes College (Autonomous), Mangalore in collaboration with Department of Industries and Commerce (DIC), Government of Karnataka in the college premises here on Friday.
Speaking on the importance of credit and micro-finance in the lives of women in the country, Prof Dongre said that credit reduced dependency, provided dignity, facilitated earning and non-economic interactions and increased confidence. Women can benefit from micro-finance which plays a critical role in their lives. It facilitates poverty reduction, increases women's role in management of household funds and facilitates better education, he said, adding that there was also a downside to micro-credit.
Micro-financing may lead to lot of women ending in debt, which is a difficult problem. The benefits of these funds are sometimes enjoyed by male members of the family, and moreover, micro-finance does not always guarantee change in key-decision making, he said.
He said that micro-finance could largely be effective if it could succeed in changing the patriarchal structure of the society or family.
Speaking on the occasion, Nalini Shetty, president of Sinchana Mahila Mandal, Bajpe, said that from finding confidence to reaching certain goals, she found strength in self-help groups for everything. A woman can come forward to a great extent through local self-help groups and micro-finance, she said.
She encouraged the students to use their education for the betterment of people and improving the economy in the country, than working for companies in foreign countries.
S G Hegde, Joint Director of DIC, Mangalore, spoke on the occasion. Dr M Prem D'Souza, principal of the college, delivered the presidential address.



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