{"id":52248,"date":"2025-08-26T21:13:02","date_gmt":"2025-08-26T15:43:02","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=52248"},"modified":"2025-09-01T10:58:03","modified_gmt":"2025-09-01T05:28:03","slug":"women-leading-indias-economic-transformation","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/26-08-2025\/women-leading-indias-economic-transformation","title":{"rendered":"Women Leading India\u2019s Economic Transformation Story"},"content":{"rendered":"\n<p><strong>Syllabus :GS1\/Women Empowerment<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>In News<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Ministry of Labour and Employment has emphasized that <strong>Women\u2019s employment rate in India has nearly doubled<\/strong> between 2017-18&nbsp; to 2023-24.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Recent Trend in Women\u2019s Labour Participation<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>As per the <strong>Periodic Labour Force Survey (PLFS) 2023-24 <\/strong>the women\u2019s employment rate (WPR) has increased from<strong> 22% in 2017-18 to 40.3% in 2023-24,<\/strong> and unemployment dropping from <strong>5.6% to 3.2%<\/strong>.\n<ul class=\"wp-block-list\">\n<li>Rural female employment surged by <strong>96%<\/strong>, and urban by <strong>43%.<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Employment in the formal Sector:<\/strong> <strong>As per EPFO, <\/strong>over 1.56 crore women joined the formal sector via EPFO in 7 years, and 16.69 crore women are <strong>registered on e-Shram<\/strong> for access to welfare schemes.<\/li>\n\n\n\n<li><strong>Rise in Entrepreneurship: <\/strong>The share of<strong> women-owned establishments<\/strong> rose from 17.4% in 2010\u201311 to 26.2% in 2023\u201324, while the number of women-led MSMEs nearly doubled from 1 crore to 1.92 crore in the same period.<\/li>\n\n\n\n<li><strong>Future Projection:<\/strong> The <strong>India Skills Report 2025 <\/strong>projects<strong> 55% global employability for Indian graduates.<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Steps Taken&nbsp;<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Government initiatives have significantly boosted <strong>women entrepreneurship in India.&nbsp;<\/strong><\/li>\n\n\n\n<li><strong>Gender budgets have increased by 429% <\/strong>in the last decade, rising from \u20b90.85 lakh crore in FY 2013-14 (RE) to Rs. 4.49 lakh crore in FY 2025-26.&nbsp;<\/li>\n\n\n\n<li><strong>Programs like Startup India<\/strong> have fostered a thriving ecosystem, with nearly 50% of DPIIT registered startups having at least one-woman directors.<\/li>\n\n\n\n<li>Flagship programs such as<strong> Namo Drone Didi, and Deendayal Antyodaya Yojana \u2013 NRLM<\/strong> are also playing a crucial role, equipping them with resources and opportunities needed to drive sustainable progress.<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.nextias.com\/blog\/pradhan-mantri-mudra-yojana-pmmy\/\">PM Mudra Yojana<\/a><\/strong>, which is playing a crucial role in financial inclusion, with women receiving<strong> 68% of the total MUDRA loan<\/strong>s\u00a0<\/li>\n\n\n\n<li>Similarly, unde<strong>r PM SVANidhi has empowered street vendors, around 44% beneficiaries are women under the scheme.&nbsp;<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Importance of Women Participation<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Increasing female participation <strong>can boost GDP <\/strong>and achieving<strong> 70% women workforce participation<\/strong> is central to India\u2019s<strong> Viksit Bharat 2047 vision.<\/strong><\/li>\n\n\n\n<li>Employment empowers <strong>women, reduces gender disparities, and improves household well-being.<\/strong><\/li>\n\n\n\n<li>India\u2019s young population offers a unique opportunity to<strong> harness female talent.<\/strong><\/li>\n\n\n\n<li>It aligns with <strong>SDG 5 (Gender Equality) and SDG 8 (Decent Work and Economic Growth).<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">&nbsp;<strong>Challenges<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Patriarchal attitudes<\/strong> often restrict women\u2019s mobility and career choices.<\/li>\n\n\n\n<li><strong>Unpaid care work <\/strong>disproportionately falls on women.<\/li>\n\n\n\n<li><strong>Lack of safe transport, sanitation, and workplace facilities<\/strong> deters participation.<\/li>\n\n\n\n<li><strong>Women are overrepresented in informal,<\/strong> low-paying, and unprotected jobs.<\/li>\n\n\n\n<li>Schemes like MGNREGA and Skill India have potential but need better targeting and gender-sensitive design.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion and Way Forward&nbsp;<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India\u2019s rising female workforce participation presents a transformative opportunity, but sustaining it requires systemic reforms.<\/li>\n\n\n\n<li>Expanding skill development and vocational training for women, incentivising formal employment, and strengthening workplace safety through strict enforcement of harassment laws and provision of cr\u00e8ches are critical.<\/li>\n\n\n\n<li>With coordinated policies and societal change, women\u2019s participation can become a driver of inclusive growth and a pillar of India\u2019s vision for <strong><a href=\"https:\/\/www.nextias.com\/ca\/current-affairs\/19-04-2025\/viksit-bharat-developed-india-by-2047\" data-type=\"link\" data-id=\"https:\/\/www.nextias.com\/ca\/current-affairs\/19-04-2025\/viksit-bharat-developed-india-by-2047\">Viksit Bharat@2047<\/a>.<\/strong><\/li>\n<\/ul>\n\n\n\n<p><strong>Source :PIB<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<h3><strong>In News<\/strong><\/h3>\n<li class=\"ms-5\">The Ministry of Labour and Employment has emphasized that Women\u2019s employment rate in India has nearly doubled between 2017-18\u00a0 to 2023-24.<\/li>\n<p><\/p>\n<h3><strong>Recent Trend in Women\u2019s Labour Participation<\/strong><\/h3>\n<li class=\"ms-5\">As per the Periodic Labour Force Survey (PLFS) 2023-24 the women\u2019s employment rate (WPR) has increased from 22% in 2017-18 to 40.3% in 2023-24, and unemployment dropping from 5.6% to 3.2%.<\/li>\n<li class=\"ms-5\">Rural female employment surged by 96%, and urban by 43%.<\/li>\n<li class=\"ms-5\">Employment in the formal Sector: As per EPFO, over 1.56 crore women joined the formal sector via EPFO in 7 years, and 16.69 crore women are registered on e-Shram for access to welfare schemes.<\/li>\n<li class=\"ms-5\">Rise in Entrepreneurship: The share of women-owned establishments rose from 17.4% in 2010\u201311 to 26.2% in 2023\u201324, while the number of women-led MSMEs nearly doubled from 1 crore to 1.92 crore in the same period.<\/li>\n<p><a href=\"https:\/\/www.nextias.com\/ca\/current-affairs\/26-08-2025\/women-leading-indias-economic-transformation\" class=\"btn btn-primary btn-sm float-end\">Read\u00a0More<\/a><\/p>\n","protected":false},"author":15,"featured_media":52269,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-52248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs"],"acf":[],"jetpack_featured_media_url":"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/08\/women-leading-indias-economic-transformation.png","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/52248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=52248"}],"version-history":[{"count":4,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/52248\/revisions"}],"predecessor-version":[{"id":52328,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/52248\/revisions\/52328"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media\/52269"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=52248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=52248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=52248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}