Economic Advisory Council to the Prime Minister (EAC-PM) has reported a significant increase in Female Labour Force Participation Rate (LFPR) between 2017-18 and 2022-23. Rural areas saw a rise from 24.6% to 41.5%, while urban areas saw a rise from 20.4% to 25.4%. The study highlights the importance of increased female LFPR for economic growth.
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The Economic Advisory Council to the Prime Minister (EAC-PM) has released a working paper highlighting India's significant improvement in the Female Labour Force Participation Rate (LFPR) between 2017-18 and 2022-23.
The female labor force participation rate (LFPR) in India increased significantly between 2017-18 and 2022-23. Rural areas experienced a significant increase, with LFPR rising from 24.6% to 41.5%. In urban areas, the LFPR increased from 20.4% to 25.4%.
Bihar, Punjab, and Haryana have consistently reported low female labour force participation rates. Despite their different economic circumstances, with Bihar being the poorest and Punjab and Haryana among the wealthiest, the female LFPR remains low in these regions. Northeastern states such as Nagaland and Arunachal Pradesh have seen significant increases in female LFPR, mostly in rural areas. Rural Bihar had the lowest LFPR but has improved, mainly among married women.
How does marital status affect female LFPR?Married women, mainly in urban areas, have a lower LFPR than men. This trend is seen consistently across states and age groups. Married men have a higher LFPR than women in the same demographic. |
Female LFPR follows a bell-shaped curve, peaking between the ages of 30 and 40 and then rapidly declining thereafter. Whereas, male LFPR remains high (nearly 100%) from ages 30 to 50 before gradually declining. This suggests that men tend to stay in the workforce longer than women.
Government programs such as Mudra Loans and the Drone Didi Scheme help women to enter the workforce by providing financial resources and skills training. Mudra Loans assist women entrepreneurs in getting capital, whereas the Drone Didi Scheme focuses on providing women with skills in new technologies, which improves their participation in modern job sectors.
As India aims to reach a $30 trillion economy by 2047, increasing the female LFPR is critical to the country's economic development. More women in the workforce can significantly help to boost productivity and promote gender equality in economic development.
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PRACTICE QUESTION Q.Critically analyze how the increase in the female Labour Force Participation Rate (LFPR) contributes to sustainable and inclusive economic growth in India. (150 words) |
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