400 Million Women: The Workforce India Needs for a $30 Trillion Economy

Saturday, 24 August 2024, 12:36

The workforce of 400 million women is essential for India’s goal of becoming a $30 trillion economy by 2047. Doubling the Female Labour Force Participation Rate to 70% is imperative. Meeting this target will demand a concerted push towards integrating women into the workforce, creating a dynamic future for the nation.
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400 Million Women: The Workforce India Needs for a $30 Trillion Economy

The Workforce of 400 Million Women

To aspire towards a $30 trillion economy, India is focusing on the integration of women into the workforce. Targeting a doubling of the Female Labour Force Participation Rate to 70% by 2047 is at the heart of this ambition.

Why Women Matter

Women represent a significant untapped resource within the economy. Their inclusion can enhance productivity, spur economic growth, and lead to cultural progress.

  • 400 million women need to be engaged in the labor market.
  • This target facilitates a broader economic framework that benefits all.

Challenges Ahead

While the goal is ambitious, it brings forth challenges such as gender biases and social hurdles that must be overcome. Implementing supportive policies can help bridge this gap.

  1. Policy reforms are essential.
  2. Education and training need enhancement.
  3. Create a supportive work environment.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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