Exploring Employment Opportunities in India: RBI Governor Shaktikanta Das Advocates for Women

Thursday, 5 September 2024, 03:17

Employment opportunities need to increase, as emphasized by RBI Governor Shaktikanta Das. He urges banks to create initiatives supporting women's inclusion in the workforce. The financial sector must bridge the gender gap by providing targeted support for women entrepreneurs.
Deccanherald
Exploring Employment Opportunities in India: RBI Governor Shaktikanta Das Advocates for Women

RBI Governor Shaktikanta Das Advocates for Women's Employment

Mumbai: RBI Governor Shaktikanta Das on Thursday asserted the importance of employment opportunities for women in the financial sector, highlighting the need for inclusive growth. Speaking at the Annual FIBAC 2024 Conference, he emphasized that every Indian, regardless of socio-economic status, should have access to financial services and education.

Bridging the Gender Gap

  • Das pointed out that India's female labour force participation is notably lower than the global average.
  • This disparity showcases an urgent call for targeted initiatives to improve girls’ education and skill development.

Empowering Women Entrepreneurs

According to Das, entrepreneurship is essential for economic empowerment, yet less than one-fifth of MSMEs in India are female-owned. Challenges faced by women entrepreneurs include:

  1. Limited access to capital
  2. Restrictive societal norms
  3. Difficulties in obtaining affordable finance

In conclusion, prioritizing women's employment opportunities and addressing these concerns is crucial for a truly developed India.


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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