Surge in Female Workforce Participation | Current Affairs | Vision IAS
MENU
Home

Periodically curated articles and updates on national and international developments relevant for UPSC Civil Services Examination.

Quick Links

High-quality MCQs and Mains Answer Writing to sharpen skills and reinforce learning every day.

Watch explainer and thematic concept-building videos under initiatives like Deep Dive, Master Classes, etc., on important UPSC topics.

ESC

Recent PLFS data shows that the women's employment rate (WPR) grew from 22% in 2017-18 to 40.3% in 2023-24.

  • Unemployment rate dipped from 5.6 per cent to 3.2 per cent in the same period.
  • Female employment grew by 96% in rural areas and by 43% in urban areas.
  • Women-Led Entrepreneurship
    • Rise in Self-Employment: Female self-employment increased by 30%, from 51.9% in 2017-18 to 67.4% in 2023-24.
    • Startups: Nearly 50% of DPIIT-registered startups have at least one woman director.
    • Access to Finance: Women received 68% of total MUDRA loans and form 44% of PM SVANidhi beneficiaries, promoting financial inclusion and self-reliance.
    • Micro, Small, and Medium Enterprises (MSMEs): The number of women-led MSMEs almost doubled, from 1 crore in 2010-11 to 1.92 crore in 2023-24, generating over 89 lakh jobs for women.
  • Gender budgets have increased by 429% in the last decade, signifying a paradigm shift from women's development to women-led development.
  • Ensuring 70% female workforce participation is identified as a critical pillar for achieving the vision of Viksit Bharat by 2047.

Women's development and Women-led development

  • Women development involves programmes designed to help women, without necessarily involving them in their planning, implementation and evaluation.
  • Women-led development is a paradigm shift where women are seen not just as women, but as leaders, decision-makers and innovators in the process of development.
Watch Video News Today

Explore Related Content

Discover more articles, videos, and terms related to this topic

RELATED VIDEOS

1
Economic Growth and Structural Transformation

Economic Growth and Structural Transformation

YouTube HD
Title is required. Maximum 500 characters.

Search Notes

Filter Notes

Loading your notes...
Searching your notes...
Loading more notes...
You've reached the end of your notes

No notes yet

Create your first note to get started.

No notes found

Try adjusting your search criteria or clear the search.

Saving...
Saved

Please select a subject.

Referenced Articles

linked

No references added yet

Subscribe for Premium Features