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Speeches Shim

October 1, 2021

Today, Administrator Samantha Power launched the U.S.-India Alliance for Women’s Economic Empowerment during the Fourth Annual Leadership Summit of the U.S.-India Strategic Partnership Forum (USISPF). The Alliance, a public-private partnership between USAID, the U.S Department of State, USISPF, and George Washington University, aims to catalyze business, philanthropic, and civil society commitments to advance women’s entrepreneurship and workforce participation in India.

DFC and USAID Launches USD $55 Million Loan Financing Program
September 23, 2021

The U.S. International Development Finance Corporation (DFC) and the United States Agency for International Development (USAID) announced today that they are jointly sponsoring a $55 million (approximately 400 crores in Indian rupees) credit guarantee to address the economic impact of COVID-19 by supporting loans to farmer producer organizations, ag-tech companies, and companies engaged in clean energy solutions for the agriculture sector.  The initiative will introduce and support clean technologies for smallholder farmers, particularly women, that improve market linkages and increase incomes while having a positive impact on the environment.

Veena Reddy, Mission Director, USAID/INDIA
September 20, 2021

Hyderabad: Today, U.S. Agency for International Development (USAID) Mission Director to India, Veena Reddy, will begin a multi-day visit to Hyderabad and Visakhapatnam to underscore USAID’s commitment to advance inclusive and equitable development in the region. 

August 31, 2021

With an estimated 2.7 million infection cases in 2019, India has the highest burden of tuberculosis in the world. The numbers are worse for people residing in tribal areas of India -- five times higher than the non-tribal population.

Ambassador Atul Keshap (U.S. Chargé d’Affaires), Uday Kotak (CEO, Kotak Mahindra Bank), and David J. Ranz (U.S. Consul General, Mumbai) announced the partnership after their meeting in Mumbai..
August 20, 2021

Mumbai: The United States Agency for International Development (USAID) and the U.S. International Development Finance Corporation (DFC) announced today that they are jointly sponsoring a US $50 million loan portfolio guaranty to Kotak Mahindra Bank (KMBL) to support increased access to finance for women borrowers, and micro, small and medium enterprises (MSMEs) across India. Against the backdrop of the pandemic, this partnership will help MSMEs that have been impacted by COVID-19 access loans to rebuild and scale their businesses.


Last updated: October 04, 2021

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