Governor Olli Rehn: Dialling back monetary restraint
CIC
1. MANTHAN:
WALK TO EQUALITY:
ENSURING SAFETY AND
EMPOWERMENT FOR WOMEN
Team Details
Institute: Cluster Innovation Centre, University of Delhi
Mayank Arora (IIIrd Year)
Aditi Chawla (IIIrd Year)
Parul Madaan (IIIrd Year)
Shubham Goel (IInd Year)
Shreya Khurana (IInd Year)
2. • National Crime Record Bureau
statistics show crimes against
women increased by 7.1 percent
nationwide since 2010.
• There has been a rise in the
number of incidents of rape
recorded too. In 2011, 24,206
incidents were recorded, a rise of
9 percent from the previous year.
• A total of 2,28,650 incidents of
crimes against women were
reported in the country
during 2011.
• Madhya Pradesh, a state with a
large population of tribes, has
recorded 3406 rape cases, the
highest number of incidents in
the country in 2011.
3. 43%
19%
10%
16%
4%
4%
1%
3%
Crime against women in 2011
Cruelty by husband and relatives
Molestation
Rape
Kidnapping and Abduction
Sexual Harrassment
Dowry Deaths
Immoral Traffic( P) Act
Dowry Prohibition Act
The crimes against women under the
Indian Penal Code
(IPC) include:
(i) Rape (Sec. 376 IPC)
(ii) Kidnapping & Abduction for specified
purposes (Sec. 363
- 373 IPC)
(iii) Homicide for Dowry, Dowry Deaths or
their attempts (Sec.
302/304-B IPC)
(iv) Torture - both mental and physical
(Sec. 498-A IPC)
(v) Molestation (Sec. 354 IPC)
(vi) Sexual Harassment (Sec. 509 IPC)
(vii) Importation of girls (upto 21 years of
age) (Sec. 366-B
IPC)
4. Proportion of Crime against Women (IPC) towards total IPC crimes
Sl.
No.
Year Total IPC Crimes Crime Against women (IPC
cases)
Percentage to total
IPC crimes
1. 2007 19,89,673 1,74,921 8.8
2. 2008 20,93,379 1,86,617 8.9
3. 2009 21,21,345 2,03,804 9.2
4. 2010 22,24,831 2,13,585 9.6
5. 2011 23,25,575 2,19,142 9.4
• Crimes that include the Indian term "eve-teasing" or harassment and
heckling and sexual innuendoes against women in public places
including streets, public transport, cinema halls, along with the rape of
minors and women in tribal and villages often go unreported and
unrecorded.
• Due to "family honour" many complaint files are withdrawn and in
many cases the police do not give a fair hearing. Medical evidence is
often unrecorded making it easy for offenders to pass scot free under
prevailing laws.
5. Microfinance has been seen as an important tool in
promoting financial inclusion for women and has proven
successful – women in microfinance have high rates of
repayment on loans, they work well together in communities
and usually use any extra income to educate their children.
A key to reducing the gap in financial inclusion is new
products and technology, such as mobile banking, that can
provide affordable and accessible banking services,
particularly to women.
Opening a financial institution run solely by women such as
All Women Bank (AWB) will increase employment
opportunities for them, increase financial independence
along with ensuring their financial inclusion.
Solution Required : Financial Inclusion
6. EMPIRICAL ANALYSIS
Sample Characteristics
161 women hailing across different economic
backgrounds and from different urban
establishments of the country were surveyed.
Amongst them, 94 percent were holders of a
bank account.
The sample was split along six occupational
backgrounds, that is, Domestic Worker,
Housewife, Student, Non-Bank Professional,
Bank Professional and Entrepreneur. Further,
all respondents lived in urban areas, and 87
percent were from Delhi or Bangalore.
58 percent of the respondents were less than
or equal to 34 in age.
19 percent of the respondents had a maximum
education level of 12th pass.
5%
17%
20%
30%
24%
3%
Occupational background
Domestic Worker
Housewife
Student
Non-Bank Professional
Bank Professional
Entrepreneur
7. Results
15 percent women weren’t comfortable with the existing banking environment.
16 percent women preferred to deal with females for loan applications.
34 and 36 percent women preferred female counter employees and female managers
respectively over their male counterparts.
22 percent women would prefer the All Women Bank over existing banks.
29 percent of the people with educational qualification up to class 12th or equivalent
preferred an all-female branch over a regular bank.
15 percent of people aged 34 and above preferred the All Women Bank over a
regular bank.
Limitations
The sample majorly consists of data only from metro cities, as the rural areas could
not be touched; it is not a very good representative of entire India.
8. Women Entrepreneur: Financing
Provision of home banking for women who
can’t move out of the house repeatedly
during the sanctioning of the loan.
Linkages with training
institutes such as
beautician training to
provide loans to set up
beauty salon on successful
completion of training.
Training of bank
employees for
understanding of problems
such as lack of trust on
credit worthiness of
women.
9. Strategic Location of
Banks
• Strategic location
refers to easy
accessibility for
those in need
• Near cluster of
SHGs near
Handicraft industry
clusters
• In villages and
towns with limited
access to banking
facilities in Remote
areas
Customer
Relationship
Management
• Home banking
services
• Tie-ups with village
panchayat and SHGs
for marketing and
customer
relationship
building.
• Tie-ups with NGOs
working with
women.
• Relationship
managers should be
women from the
local village for
building trustworthy
relationships
Other Schemes
• Educational loans
for higher education
with cheaper interest
rates based on merit.
• It will help promote
higher education for
women.
• Hiring of employees
that are proficient in
the local languages.
• Special schemes for
agriculture/cattle
related loans such as
low rate of interest,
flexible plans, etc.
