Empowering women would have positive repercussions and a snowballing effect on the education, employment, health, nutrition and sanitation sectors of our society. Of all the means of empowerment, economic empowerment is crucial indeed. The onset of economic empowerment is definitely economic participation. Unfortunately, economic participation in India have always been writ with gender gaps.
Some Statistics
Gender gaps in economic participation have consistently remained high in India over the last several decades. According to the 2017-18 Periodic Labour Force Survey (PLFS), female labour force participation in India has been around 23%. When compared to the emerging market economies this is one of the lowest figures. This is a cause for concern as in 2005 female labour force participation was at 35%. This low participation has serious repercussionsnot only on the economy but on the society as a whole. When nearly half of our population is not participating in the economic activities then how can we hope to make our GDP rise?
This story is from the March 2021 edition of Small Enterprise.
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This story is from the March 2021 edition of Small Enterprise.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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