The Loomba Foundation and USISPF announce an investment of USD 400000 to empower widows in India
The Loomba Foundation and USISPF also addressed the poverty, injustice and complete lack of opportunities for millions of widows across the globe at this reception
: The Loomba Foundation, an international UN accredited
NGO dedicated to improving the lives of widows in partnership with the US India
Strategic Forum’s philanthropic Foundation – The US India Friendship Alliance (USIFA) launched a project today to empower 5000 widows and their children in India.
The beneficiaries will be provided skills training by the implementing partner Lok Bharti.
Among the distinguished attendees were Shiv Nadar, Founder of HCL Technologies; Raj Subramaniam, CEO of FedEx; Tim Roemer, former US Ambassador to India; Veena Reddy, USAID India Chief; and Scott Nathan, US Development Finance Corporation CEO.
The reception discussed how The Loomba Foundation and USISPF will jointly work to create an ecosystem that allows widows in India an opportunity to sustain themselves as well as become empowered and self-sufficient financially. The Loomba Foundation and USIFA announced the funding amount of USD 400000 to benefit the widows in India, which will be
distributed over a period of two years, 2023 and 2024.
added: “We are proud to be partnering today with The Loomba Foundation to contribute to this important cause and
empower the lives of widows in need of assistance through financial support and
skill training. We believe that for the success of the Prime Minister’s vision
of achieving a USD five trillion economy by 2030, women will play a driving
role in the workforce.”
Loomba Foundation and USISPF also addressed the poverty, injustice and complete
lack of opportunities for millions of widows across the globe at this
reception. This event was intended to contribute towards raising awareness of
the plight of widows in India whose struggle for daily means and survival is a
big question on the society at large. Therefore, this Indo-US partnership
initiative is an effort towards empowering the widows of India financially,
mentally and socially.