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The magic of women in workforce: More job opportunities, a better economy

A higher female labour force participation rate would increase consumption and therefore production

women employment
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Image: istock

Devika Kher | The Wire

As India primes for elections, a key challenge facing India’s economy is the job crisis.

Between 2011 and 2015, the unemployment rate in India rose from 3% to 5%, and is estimated to have further increased to 7% by the end of 2018. Making matters worse, only 4.3 million jobs have been created per year since 2012, even though 12 million people enter the workforce every year.

While the dire condition of employment in India has only recently gained attention in the national discourse, the problem had existed for at least two decades. The only