Ms Vasvi Bharat Ram took over as the President of FICCI Ladies Organisation (FLO), the oldest women business chamber of Southeast Asia and the women’s wing of Federation of Indian Chambers of Commerce & industry (FICCI) at the conclusion of its 33rd Annual Session on April 14th, 2017.
An entrepreneur herself, Ms Bharat Ram is the Joint Vice Chairperson of the Executive Committee of The Shri Ram School and a member of Shri Educare Limited. Both these entities set up and run quality education institutions both in India and abroad. After completing her education in England, Vasvi returned to India and started her own business in wrought iron furniture. In a short period she grew the business into a successful enterprise.
Ms Bharat Ram’s diligent approach to business and her conscientious initiatives towards the society has been a testimony of her Leadership skills and traits. A multifaceted personality, Ms Bharat Ram been associated with several Industry bodies, trade and women’s welfare organizations.
Vasvi has also been the Chairperson of Young FICCI Ladies Organization and is currently on the board of the Young Presidents Organization and has played an instrumental role in enhancing the presence and reach of YFLO Delhi. She spends most of her time in her academic interests and in bringing up her Children.
Development of entrepreneurship among women has been central to FLO’s philosophy and mission. Taking this vision forward, Ms Vasvi’s focus during her tenure would be to increase women’s participation in the process of economic development and to create a pool of resources, by skilling them at Grassroots, middle & senior level.
“Educating and empowering women is the catalyst for rapid socio-economic growth of the country. With India entering into its next phase of growth, it is expected to add 110 million people to its workforce in the next ten years’, including youth and women. According to a study conducted by McKinsey Global Institute in 2015, if India can increase women’s labor force participation by 10 percentage points (68 million more women) by 2025, India could increase its GDP by 16 Per Cent .” said Ms Ms Vasvi Bharat Ram , President , FICCI Ladies Organisation (FLO)
“This, however is an uphill task if we go by the current statistics of participation of Indian women in its workforce. On the World Economic Forum’s Gender Gap Index, the ranking of Indian women in economic empowerment is 0.3, where 1.0 means equality.”she said .
“Keeping these trends into consideration, FLO will continue to work towards the inclusion of more women in the workforce through skilling initiatives in the fields of telecom, transport and e-commerce, initiatives for grassroots women, providing support to women entrepreneurs’ through Swayam which is our business consultancy cell, conducting directorship training and helping place women on Corporate Boards through the FLO Women Directors program. We will also expand and strengthen our initiatives to compliment Government programs like Swachh Bharat Abhiyaan and Make in India.” Ms Bharat Ram added
“We intend to work towards a more inclusive future and hope that our efforts will lead to effective and informed policy solutions that will empower women, make a positive impact and change many lives.” She said.Besides, Ms Aparna (Pinky) Reddy has taken over as the new Sr Vice President and Ms Harjinder Kaur has been elected as the FLO’s Vice President for the year 2017-18.