To put it differently: I'd rather live in a world with this grant than in one without.
But that's not the case, so having it is the better option.
Assuming you're male, do you feel discriminated because Google wants more women to attend conferences? I don't.
Now if the site would say that men in general shouldn't bother going to tech conferences, and if the majority of society would agree that men shouldn't bother getting into tech at all, then it would be discriminating. We're quite far from that.
And I have only once gone to an expensive conference. I offered to help with organization and running it and therefore got in for free (paid own travel expenses).
It doesn't and it's not supposed to. The goal of this program is to increase the number of female participants at technical conferences. That's it.
Gender wars notwithstanding, that's not how you compare possible worlds :-) A more correct comparison would look like "I'd rather live in a world with this grant than in a world where the same money was spent on saving rare wild geese".