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Digital Natives
Unlock growth with Grant Thornton Bharat's Digital Natives solutions. Customised support for tech-driven companies in healthcare, gaming, and more.
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Business Consulting
Our business consulting specialists offer a comprehensive blend of strategic advisory services. We assess the business, industry, operating model, synergy, skill sets and vision of the organisation and recommend the way forward
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Digital Transformation Services
Grant Thornton’s digital transformation services help traditional businesses digitalise their business models with cloud technology, IoT consulting, app development and more DigiTech solutions.
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Human Capital Consulting
Our Human Capital Consulting team harnesses technology and industry expertise to assist in constructing adaptable organisations with transparency, fostering productive and value-driven workforces, and inspiring employees to engage meaningfully in their tasks.
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Production Linked Incentive Scheme
Production-linked Incentive Scheme by the Indian government is aimed at boosting manufacturing. Grant Thornton Bharat offers varied services across sectors to help businesses avail of this scheme.
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Public Sector Advisory
Our Public Sector Advisory team has focused streams, aligned with the core priorities of the Government of India. We are responsible for providing innovative and customized technical and managerial solutions.
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Tech Advisory
We have amalgamated Digital Transformation, IT Advisory & Information Management and Analytics into a new offering, DigiTech.
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Direct Tax services
Our tax specialists offer a comprehensive blend of tax services, tax litigation, regulatory and compliance services, helping you navigate through complex business matters.
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Get tax services by leading tax firm Grant Thornton India. Our indirect tax services include consulting, compliance and litigation services for corporate, international and transaction tax
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Our transfer pricing services experts provide a range of services from provision of APA services to handling large global assignments including Country by Country reporting.
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At Grant Thornton, we help individuals and dynamic companies deal with US tax laws, which are one of the most complicated tax legislations across the world.
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The India Knowledge and Capability Centre (IKCC), aimed at delivering solutions by developing capabilities, has completed four years of its journey.
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Article Improving credit penetration in BiharRBI’s priority sector lending guidelines have a key role to play in providing credit to small farmers, artisans and micro firms
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Article Sustainable farming and its economic imperativeSustainable farming in India is crucial for food security, economic growth, and environmental conservation, requiring government support and farmer education.
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Article Agriculture and Budget: Immediate compulsions and long-term visionGovernment focuses on sustainable agriculture, digital infrastructure, and market intelligence to enhance productivity and global competitiveness in agriculture.
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Article Union Budget 2024 expectations: Building resilience for consumer industryUnion Budget 2024 expectations: Building resilience for consumer industry
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India-UK
India-UK
The Government of India has launched the Lakhpati Didi (rural women earning a lakh per annum) programme to boost the rural economy by facilitating diversified livelihood activities and ensuring convergence across all government departments/ministries, private sector and market players. In recent years, approximately 10 crore women have joined self-help groups[1], receiving over INR 7.68 lakh crore[2] to help them become economically empowered. The government aims to create 3 crore Lakhpati Didis over the next three years[3], further expanding the campaign.
Under the Lakhpati Didi scheme, an initiative set to play a transformative role is the Namo Drone Didi Yojana. This scheme aims to train at least 15,000 'Drone Didis' across the country[4], ushering in a technological revolution in agriculture. By introducing drone technology for field spraying, it reduces labour costs, saves time, water, and other resources. Most importantly, it empowers women in rural areas by providing them with new income generation opportunities.
The STREE (Social and Transformative Rural Economic Empowerment) Programme, a collaboration between Grant Thornton Bharat and HDFC Bank Parivartan, empowers women farmers and artisans while transforming communities across Assam, Chhattisgarh, Jharkhand, Punjab, Odisha, and West Bengal. In the last 2 years, 1.80 lakh women farmers and artisans have already been benefited through various interventions including, institution and capacity building, crop advisory, credit linkage, market linkage, digital inclusion and skill training.
To promote Namo Drone Didi Yojana under the STREE programme, Grant Thornton Bharat collaborated with IFFCO, a national fertiliser company, to train 36 women farmers across the 6 project states. Each trainee received a drone valued INR 15 lakh each, free of charge by leveraging INR 5.16 crore from the Ministry of Rural Development (MoRD). Women from diverse backgrounds and educational qualifications, ranging from those with a basic education to postgraduate degrees, applied to be trained as drone pilots. They were recruited through a network of organizations operating at the village level, including Farmer Producers Organisations (FPOs) promoted under the STREE programme, before being connected to IFFCO. The selection process involved interviews to assess their basic knowledge of farming.
Under the STREE project, the drone initiative is expected to empower 28,500 women farmers by FY25 and unlock significant economic benefits for them. The initiative projects a potential monetary gain of INR 1,700 per acre for women farmers, along with enhanced crop yields by 5%-8% per acre. Additionally, input costs are anticipated to decrease by 11%-13%, while labor costs are expected to see a reduction of INR 600-800 per acre. Project STREE has partnered with organizations like IFFCO, BVFCL, Indorama, Matix Fertilizers and Chemicals, and Paradeep Phosphates to provide essential training, capacity building, and on-field technical assistance, ensuring the program's success.
This initiative not only empowers women farmers but also promotes sustainable agricultural practices and improves livelihoods, shaping #VibrantBharat.
Sources
[1] https://pib.gov.in/PressReleasePage.aspx?PRID=1948838
[2] pib.gov.in/PressReleaseIframePage.aspx?PRID=1985779#:~:text=The Bank loans to the,Circular by RBI and NABARD.
[3] https://www.prameyanews.com/3-crore-lakhpati-didis-before-3years--chouhan
[4] https://indianexpress.com/article/cities/chandigarh/punjab-drone-didi-women-career-9121047/