As part of his union budget, Finance Minister P Chidambaram said today that India will set up a special Public Sector Unit bank solely for women, and to support businesses run by women. Naina Lal Kidwai, president of FICCI, and country head for India and director of Asia-Pacific at HSBC, says that it is definitely a nice move. She adds that the Budget seems like a responsible one, but one must look at the fineprint to see where the government will be spending before we rejoice.
