At The GES Summit Ivanka Trump Heaps Praises On India, PM Modi

Casey Dawson
November 29, 2017

She said at the G20 conference, the USA was a founding member of a bold, new initiative with the World Bank - the Women Entrepreneurs Finance Initiative, or WeFi.

Today, more than 11 million women in the United States own businesses.

Prime Minister Narendra Modi joined her in the opening of the US-backed Global Entrepreneurship Summit which New Delhi is hoping will further boost political and economic ties with the United States under the Trump administration.

"When Ivanka Trump said that India had lifted 130 million people out of poverty she was referring to the UPA government's period of 2004 to 2014 (the number was 140 million)", he said in a tweet.

Ivanka will be leading a delegation of senior Trump administration officials and entrepreneurs at the three-day Summit in Hyderabad beginning tomorrow.

"This is the first time India has hosted the Global Entrepreneurship Summit".

The three-day event, being co-hosted here by the U.S. and India, is being attended by 1,500 entrepreneurs, investors and eco-system supporters from 159 countries.

Her India visit has made headlines but questions have been raised if she is the right person to talk about empowering women.

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Modi stressed the importance of women in Indian economics and culture and noted that the Indian Constitution guarantees one-third representation to women in local government. The summit is going to highlight the theme of "Women first, prosperity for all".

"I am proud that for the first time ever, women make up the majority of the 1,500 entrepreneurs selected to attend", she said.

She praised her father's administration, saying it promotes greater opportunity for women around the world through "domestic reforms and our worldwide initiatives".

She said much remains to be done with regard to equitable laws for women in many developing, as well as developed countries.

"When women work, it creates a unique multiplier effect".

Ivanka Trump, daughter of US President Donald Trump, said on Tuesday the Indian GDP could grow by more than $150 billion in the next three years if it halves the labour force gender gap.

Trump's visit to India was met with optimism by many in India who view her trip as a "great opportunity for Indian female entrepreneurs" in a country where only 3 percent of businesses are owned by women.

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