FAIR SHARE
THE WEEK India|March 12, 2023
More women are entering the workforce, and they have started taking control of their finances
AMISHA VORA
FAIR SHARE

A FEW WEEKS ago, India’s Under-19 team led by Shafali Verma outplayed England in the final and won the inaugural ICC Women's U-19 T20 World Cup. And now, the Women’s Indian Premier League has become a reality. I am sure we all already have our favourite teams and players!

Off field, too, women have been achieving impressive milestones, and a generational shift in mindset is under way.

The female labour force participation rate rose to 25.1 per cent in financial year 2020-21, up from 18.6 per cent a year earlier. Payroll data released by the Employees’ Provident Fund Organisation shows that the share of women among new joinees rose to 27 per cent in financial year 2021-22, up from 21 per cent a year earlier. The ratio of women in leadership positions is also on the rise.

A direct consequence of more women entering the workforce is that they have started taking control of their finances. There is an increased propensity to save and invest as well.

هذه القصة مأخوذة من طبعة March 12, 2023 من THE WEEK India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة March 12, 2023 من THE WEEK India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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