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:
- Limited access to capital
- Restrictive societal norms
- 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.