Indian Government has partnered with decentralised energy platform ImpactPPA to generate 50 million rural jobs in the country.
Under the auspice of the Giriraj Singh, Minister of State (Independent Charge), Ministry of Small and Medium Enterprises (MSME), ImpactPPA will be working with the MSME to carry out the government’s Bhartiya Harit Khadi Gramodaya Sansthan (BHKGS) initiative. The initiative is likely to introduce around 50 million jobs for female workers in India’s rural areas.
The initiative will be started with Khanwan village in Bihar. Under the programme, textile looms will be installed in the homes of women workers. As per the partnership, ImpactPPA will deliver renewable energy to power these looms, using the Ethereum blockchain to manage supply-chain logistics for the initiative.
“It’s an honor to work with the government of India to deploy out technology solutions,” Dan Bates, CEO of ImpactPPA, said. “A project of this scope clearly demonstrates that the use of renewable energy and blockchain technology has reached the mainstream. This partnership perfectly aligns with our fundamental mission to help improve quality of life with energy as the engine for social good and greater economic justice,” he added.
As per the estimations done under the partnerships, the female workers could generate 8,000-10,000 rupees (USD 115-145) a month which is around 60 per cent increase to the monthly incomes of some of the families. The joint monthly income for families in some of India’s poorest villages is estimated around 7,000 rupees (USD 100).
Having worked with the government of India on various solutions and projects for social impact, this alliance is a game-changer,” said Aradhana Singh, CEO and managing director of Sarang Services Pvt Ltd, a company serving as India’s domestic partner for the project. “We are thrilled that ImpactPPA will be the provider of energy and blockchain technology and services for the project, bringing tangible economic growth opportunities while advocating women’s empowerment,” she further said.