Why in the news?
- The Labour Ministry reported that women’s employment rate in India nearly doubled from 22% in 2017-18 to 40.3% in 2023-24, while female unemployment fell from 5.6% to 3.2%.
Women Employment in Indian Economy
- Status of Women’s Employment
- Labor Force Participation Rate (LFPR):
- Around 42% for women (compared to ~77% for men).
- Lower in urban areas (~23%) than rural areas (~35%).
- Worker Population Ratio (WPR):
- Rose to about 40%, indicating more women engaged in some economic activity.
- Labor Force Participation Rate (LFPR):
- Trends ( 2017 – 2024):
- WPR doubled from 22% → 40.3%.
- Rural women employment increased by 96%, Urban increase by 43%.
- Female self-employment grew from 51.9% → 67.4%.
- 1.56 crore women joined the formal workforce and 16+ crore registered on e-Shram.
- Women-led MSMEs doubled and 68% Mudra loans went to women.
- Gender budget increased by 429% in the last decade.
- Nearly 50% of startups have women directors.
- Sectors of Employment
- Agriculture:
- Largest employer of women (~65%).
- Many work as unpaid family laborers or in low-paid positions.
- Manufacturing & Industry: Low participation, mainly in informal, small-scale industries.
- Services: Rising involvement in education, health care, and retail, but overall share still small.
- Agriculture:
- Formal vs Informal Sector
- Over 90% of working women are in the informal sector, lacking job security, social security, or regular wages.
- Limited representation in formal salaried jobs and corporate leadership.
- Leadership and Representation
- Women hold only around 17–20% of senior leadership roles in major companies.
- Board participation is improving slowly due to legal mandates but remains low.
- Challenges:
- Strong social and cultural norms restrict women’s mobility and choices.
- Heavy unpaid domestic workload and care responsibilities.
- Lack of safe, inclusive, and supportive workplaces.
- Persistent gender wage gaps and limited opportunities for advancement.
- Part of the increase in participation due to reclassification of unpaid work, not actual job creation.
- Policy and Institutional Support
- Government schemes like MGNREGA, Kudumbashree, and MUDRA promote rural and self-employment.
- NGO initiatives like SEWA support informal sector women through microfinance and training.
- Corporate and digital upskilling initiatives (e.g., DigiPivot, Google-ISB programs) to enable workforce re-entry.