Delivering the keynote address at the launch of the Bangalore chapter of FICCI Ladies Organization (FLO), a division of the Federation of Indian Chambers of Commerce and Industry (FICCI), Shaw urged educated women to stand on their own feet and not seek special privileges and attention.
"There are many women who need those special privileges, but we (educated women) should be ashamed to ask for them," the founder and chairperson of Biocon said.
Shaw, who has created a Rs 1,500-crore biopharmaceutical company in three decades, also said that women who believed that their sense of purpose was only to run a home and look after their kids weren't doing justice to their education.Shaw narrated how she had faced a huge credibility hurdle in the early days of Biocon, when she sought a loan from the Karnataka State Finance Corporation (KSFC).
"They (KSFC) encouraged me to take a loan from a special cell that they had for women entrepreneurs, handicapped entrepreneurs, unskilled entrepreneurs and backward classes," Shaw said. But she refused the loan "because neither was I handicapped nor was I backward. And so what if I'm a woman? I should be on par with the men."
The FICCI Ladies Organization, headquartered in New Delhi, is present in ten cities in India, with the addition of its Bangalore chapter headed by Shubha Kulkarni, director, Altissimo Consulting Service.
Kavitha Varadaraj, president, FLO, said the organization acts as catalyst for the social and economic advancement of women and society at large.
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