Role of women in the economic development
- The importance of women’s economic empowerment in society is inevitable. Empowerment is one of the main procedural concerns when addressing human rights and development.
- Women’s empowerment and achieving gender equality is essential for our society to ensure the sustainable development of the country.
Benefits of Economic
- Women’s economic empowerment is central to realising women’s rights and gender equality.
- Empowering women in the economy and bridging gender gaps in the world of work are key to achieving the agenda for Sustainable Development
- When more women work, economies grow.
- Increasing women’s and girls’ educational attainment contributes to women’s economic empowerment and more inclusive economic growth.
- It is estimated that companies with three or more women in senior management functions score higher in all dimensions of organisational performance.
The need for Economic Empowerment of Woman.
- Gender differences in laws affect both developing and developed economies, and women in all regions.
- Women remain less likely to participate in the labour market than men around the world.
- Women are more likely to be unemployed than men.
- Women are over-represented in informal and vulnerable employment.
- Globally, women are paid less than men.
- Women bear disproportionate responsibility for unpaid care and domestic work.
- Unpaid care work is essential to the functioning of the economy, but often goes uncounted and unrecognised
- Women are less likely to be entrepreneurs and face more disadvantages in starting businesses.
- Women are less likely than men to have access to financial institutions or have a bank account.
- Women are still less likely to have access to social protection.
- Violence and harassment in the world of work affect women regardless of age, location, income or social status.
- Indian society is known for its unity in diversity.
- Social inequality also prevails in this society which has given birth to weaker sections of society which is as diverse as Indian society itself, women, Scheduled caste, scheduled tribes, children, poor, and landless farmers are considered as weaker sections.
- They have faced socio-economic and political discrimination in hands of dominating section since ancient time and their fight for rights and access to justice is almost as old as the discrimination against these marginalised and weaker groups.