Labour Force Participation: Encouraging Uptick with Persistent Gaps
- Female Labour Force Participation Rate (LFPR) rose to 41.7% in 2023β24, up from 23.2% in 2017β18.
- Despite this, it remains:
- Below male LFPR: 77.2%
- Below global female average: ~50% (World Bank)
- Interpretation: Progress made, but structural inequities in access, opportunity, and support persist.
Wage Trends: Narrowing Gender Pay Gap
- Urban women saw the highest wage growth at 5.2% between JulβSep 2023 and AprβJun 2024.
- Rural and urban wage gaps narrowing, indicating positive momentum toward wage equity.
Unpaid Work Burden: A Barrier to True Workforce Participation
- Women spend 236 minutes/day on unpaid domestic work vs. 24 minutes/day for men.
- Reflects the βdual burdenβ of paid employment and unpaid care responsibilities.
- Indicates that economic gains are diluted by social norms undervaluing domestic labour.
Entrepreneurship: More Women Owning Businesses
- Rise in female-headed proprietary establishments in:
- Manufacturing
- Trade
- Services
- Reflects increasing women entrepreneurship and breaking of traditional gender roles.
Financial Inclusion: Growing Access but Regional Disparities
- As of March 2024:
- Women hold 39.2% of bank accounts
- Account for 39.7% of deposits
- Growth in female-owned demat accounts (3x increase from 2021 to 2024)
- However, access is geographically concentrated in southern and eastern India.
Panchayats Perform, Lok Sabha Lags
- Gender parity achieved in panchayati raj institutions.
- Only 13.6% of 18th Lok Sabha members are women.
- Downward trend in elected women despite increase in women candidates.
- Indicates a representation gap at national legislative levels.
Mobility, Safety, and Societal Constraints
- Key obstacles include:
- Public safety concerns
- Cultural perceptions of gender roles
- Family-imposed restrictions
- Addressing these requires:
- Gender-sensitive public safety policies
- Mass awareness campaigns to shift societal norms
BS