Telangana CM Revanth Reddy Launches 2 Programmes: WAP and GYIP

Current Context: On May 17, 2025, Telangana Chief Minister Revanth Reddy launched two key initiatives—Women Acceleration Program (WAP) and Grassroot Youth Innovation Program (GYIP)—at JRC Convention Centre, Hyderabad.

Key Highlights:

• Women Acceleration Program (WAP): Aims to empower 140 women-led MSMEs across Telangana, supported by the Ministry of MSME and the World Bank.
• Grassroot Youth Innovation Program (GYIP): Designed to foster innovation and entrepreneurship among rural youth, equipping them with job readiness skills and mentorship.
• Strategic Partnerships: The event saw 17 MoUs signed with institutions like NSE, NIFT Hyderabad, HP India, and Gitam University.
• Government Vision: The programs align with Telangana’s commitment to inclusive development, supporting women entrepreneurs and youth-led innovation.

Question:

Q.1 Which international organization is supporting the Women Acceleration Program (WAP) alongside the Ministry of MSME?
a) IMF
b) World Bank
c) UNDP
d) Asian Development Bank

Answer: b) The World Bank is a strategic partner in the WAP initiative, offering global support to women-led enterprises.