India Development Update, May 2017 : Unlocking Women’s Potential
India has among the lowest female labor force participation rates (LFPRs) in the world. In particular, low female LFPR is a drag on Gross Domestic Product (GDP) growth and an obstacle towards reaching a higher growth path. Women are also an untappe...
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| Format: | Report |
| Language: | English en_US |
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World Bank, New Delhi
2017
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| Online Access: | http://documents.worldbank.org/curated/en/107761495798437741/India-development-update-unlocking-women-s-potential http://hdl.handle.net/10986/27545 |
| Summary: | India has among the lowest female labor
force participation rates (LFPRs) in the world. In
particular, low female LFPR is a drag on Gross Domestic
Product (GDP) growth and an obstacle towards reaching a
higher growth path. Women are also an untapped source of
managerial and entrepreneurial skills. By excluding women,
the pool of such talent becomes shallower and growth
suffers. If the overall lack of jobs, especially regular
salaried jobs, plays a large role in India’s female LFPR,
only a combination of gender-targeted and broader policies
towards formal job creation can sustainably raise female
LFPR and accelerate India’s GDP growth and broader social
development. Policies that promote job creation in
women-friendly sectors such as apparel, or that help
fast-growing modern service sectors absorb more educated
women workers would be particularly helpful. |
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