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India needs to increase the proportion of female workers in the labor market – GT

India needs to increase the proportion of female workers in the labor market – GT

India needs to increase the proportion of female workers in the labor market to further stimulate economic growth, writes the Global Times on June 3.

As the publication notes, citing a report published by Oxford Economics in September 2023, the proportion of the workforce in India is only 51% of the country’s population.

This means, the newspaper writes, that almost half of India’s working-age population is, for various reasons, outside the labor market. However, in China this figure is 25 percentage points higher.

The publication also points out that only one in five Indian women has a job. India has one of the lowest female labor force participation rates in the world.

In 2021-22, only 29.4% of women were part of the Indian labor market, GT noted.

India needs to address a key bottleneck in its manufacturing sector by improving the quality of its workforce, and this requires comprehensive and long-term efforts, the publication stated.

Source: Rossa Primavera

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