Deloitte has come up with a study on the gender disparity in the context of women in India and other Asian countries.
Women encounter several challenges that restrict them from learning employable skill sets, joining the workforce, or setting up an enterprise. Particularly, in the context of India, the participation of women labour force has dipped over the past decade from 36.7% in 2005 to 26% in 2018. __________________________________________________________________________________ “In India, only 24% women are part of the workforce as compared with 48% across the world.” __________________________________________________________________________________ There is still a way to correct this gender disparity. The introduction of the Fourth Industrial Revolution or 4IR has provided an opportunity to governments in developing economies to consider labour reforms. Most of the work in the developing nations is labour-intensive and technology-based models are considered somewhat negative and feared for replacing human labours. The founder and chairperson of the World Economic Forum, Klaus Schwab, introduced the 4IR concept. He illustrated the core understanding of 4IR as the revolution to converge the physical, digital, and biological worlds to transform the way people and businesses interact with technology. Education and Job Readiness of Girls and Women to Join the Future Workforce
Challenges for Women Entrepreneurs The sixth Economic Census (2011) has shown that out of the 58.5 million entrepreneurs, only 14% constituted women in the nation. The challenges for women entrepreneurs are below:
Remedies Taken To improve the situation of women entrepreneurship, NITI Aayog launched the Women Entrepreneurship Program (WEP) in March 2018. The purpose of WEP is to develop a collaborative environment for women’s entrepreneurial efforts. After the launch of WEP, more than 4,500 women registered themselves, over 100 knowledge materials are available, over 30 partners joined, and more than 500 entrepreneurs benefitted. The key takeaways of such entrepreneurship programs are:
Four skill categories to employ more women at workplaces, which are:
Download the full report of the study on gender equality here
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Deloitte has come up with a study on the gender disparity in the context of women in India and other Asian countries.
Women encounter several challenges that restrict them from learning employable skill sets, joining the workforce, or setting up an enterprise. Particularly, in the context of India, the participation of women labour force has dipped over the past decade from 36.7% in 2005 to 26% in 2018. |