Walmart, CARE launch initiative to empower women
  • This Section
  • Latest
  • Web Wrap
Last Updated: Tuesday, November 10, 2009, 20:47
New Delhi: US-based retail giant Walmart in association with international humanitarian organization CARE today announced the launch of an initiative that aims to empower marginalised women in India.

Called as 'Cashew Value Chain Initiative', Walmart and CARE will jointly create a women owned-and-operated community-based institution to provide incomes for around 750 women in the cashew farming and processing sector in the coastal districts of Tamil Nadu.

"The project will improve economic opportunities for socially and economically marginalised women and girls in southern India through the promotion of women-owned and -managed cashew enterprises," said Bharti Walmart Managing Director and CEO Raj Jain said in a statement.

Under this, three women-owned and managed cashew processing units and 15 literacy centers would be set up over the next year.

The benefits of this initiative will reach beyond the women themselves, impacting the lives of nearly 4,000 people, he added.

The project is part of Walmart Foundation's USD 1 million grant to CARE and the project marks the first of a series of initiatives to elevate women from poverty worldwide, it added.

There are more than 700 small-scale cashew processing units in southern India, and the sector provides employment to 500,000 people, mostly women.

Bureau Report

First Published: Tuesday, November 10, 2009, 20:47

comments powered by Disqus