BUSINESS

Swiggy teams up with NSE to roll out financial literacy programme for delivery partners

Swiggy

Swiggy has set a target of onboarding 1 lakh women as delivery partners by 2030, who will be among the beneficiaries of this programme.

Read More: Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On December 25

Swiggy has partnered with the National Stock Exchange of India (NSE) to introduce a financial literacy programme for its delivery partners. The initiative, unveiled at NSE’s Mumbai headquarters, aims to enhance financial awareness and planning among gig workers, with a particular focus on women.

Swiggy has set a target of onboarding 1 lakh women as delivery partners by 2030, who will be among the beneficiaries of this programme. The financial literacy modules will be integrated into Swiggy’s delivery partner apps, with content available in regional languages to ensure wider accessibility. Topics such as budgeting, investments, debt management, and understanding capital markets will be covered through interactive sessions led by SEBI-certified trainers.

Read More: 18% GST On Old, Used Cars Only If Seller Earns A Margin: Report

The programme will be part of Swiggy’s broader initiatives, including She the Change and Swiggy Skills, aimed at empowering its workforce and contributing to financial inclusion. According to Swiggy, financial literacy can improve household spending on education and savings by up to 40%, with positive effects on health and well-being.

“Earlier this year, when we launched ‘She the Change’ programme, Honourable Finance Minister. Smt Nirmala Sitharaman Ji, made a very pertinent observation when she said that in areas where women are visibly seen to be running more enterprises such as Food and Beverage businesses, crime and anarchy will gradually reduce. I believe that the presence of women delivery partners on the road is an equally positive signal. We, at Swiggy, will do our utmost in this direction; and  commit to take the number of women delivery partners to at least 1 lakh by 2030. We will continue to come out with policies and programmes to support this positive change, and our MoU with NSE is a step in this direction,” Sriharsha Majety, MD & Group CEO, Swiggy said. 

Read More: Will Popcorn Get Costlier In Movie Theaters? Know How Much GST Will Be Levied

At the launch event, Amruta Fadnavis highlighted the role of financial independence in empowering women, encouraging delivery partners to pursue their aspirations. Ten women delivery executives were felicitated for their achievements, with each receiving a cheque of Rs 11,000 as an initial investment fund.

“At NSE, we are proud to lead the way in bringing financial literacy and investor awareness programs to the gig workforce, a vital and growing segment of our economy. This partnership with Swiggy reflects our commitment to equipping delivery partners, especially female partners, with the knowledge and awareness of tools needed for financial independence and long-term security. By focusing on financial literacy, we aim to empower gig workers to manage their finances more effectively for their financial well-being. Today’s initiative is another step in NSE’s mission to drive financial inclusion and well-being of people and transform lives through knowledge and empowerment,” Ashishkumar Chauhan, MD & CEO, NSE, said.

Swiggy CEO Sriharsha Majety emphasised the company’s commitment to its delivery partners’ personal and professional growth, stating that the program aligns with Swiggy’s sustainability and community welfare goals.

The move marks a step forward in integrating financial education into gig platforms, aiming to provide delivery partners with tools for better financial planning and stability.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top