By Samhita Social Ventures
November 23, 2021
[email protected] is a coalition — of businesses, philanthropies, social organisations and other stakeholders — to drive economic recovery and resilience of low-income women workers and micro entrepreneurs, and enable them to grow and thrive. The goals of [email protected] are aligned to Samhita-CGF’s REVIVE Alliance, a $15 million blended finance platform, supported by United States Agency for International Development (USAID), Michael & Susan Dell Foundation (MSDF), Omidyar Network India, British High Commission New Delhi and United Nations Development Programme (UNDP). The Alliance is dedicated to the revival, resilience and growth of India’s informal economy. It is also a part of the U.S.-India Alliance for Women’s Economic Empowerment.
By bridging the gender gap in the workforce and providing more income opportunities for women, India’s GDP can be increased by a whopping $2.9 trillion. There is ample evidence to prove that enabling the growth and productivity of women has a multiplier effect on the socio-economic outcomes of families, communities and economies. We have also witnessed the same through our work over the years.
The challenges to achieving this increase in female labour force participation are immense, especially due to the limitations brought on by the COVID-19 pandemic, but the gains have the potential to push India to the next stage of growth.
This mission cannot be achieved by any one company or government or stakeholder group. REVIVE [email protected] is a call-to-action for a joint effort to spur the Recovery, Resilience and Growth of Women Workers and Micro Entrepreneurs.
With [email protected], companies, foundations, social organisations, bilateral and multilateral agencies, through business and CSR channels, will:
To impact India’s women by facilitating their:
The [email protected] coalition will leverage technology to maximise opportunities for women at two levels:
We launched REVIVE to create a pathway to prosperity for the restoration of worker and micro entrepreneur livelihoods. Aspects of [email protected] are supported by the USAID-funded REVIVE Alliance, which launched in October 2020 to focus on economic recovery, predominantly for women and youth.
[email protected] is also a part of the U.S.-India Alliance for Women’s Economic Empowerment, a public-private partnership between USAID, the U.S Department of State, USISPF, and George Washington University, launched by USAID Administrator Samantha Power in September 2021.