Women Leading India's Economic Transformation
The Ministry of Labour & Employment highlights a significant increase in women's workforce participation in India, with the employment rate nearly doubling from 2017-18 to 2023-24. The female unemployment rate has dropped from 5.6% to 3.2%, and rural female employment has surged by 96%. Government initiatives, including gender budgets and support for female entrepreneurship, have contributed to this transformation, with 1.56 crore women joining the formal workforce and a notable rise in women-led MSMEs. The focus is on empowering women as key drivers of economic growth towards a developed India by 2047.
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