Key Points
Entrepreneur Nithin Kamath, who recently made it to the Forbes World's Billionaires List of 2023 with his business partner and brother Nikhil, recently came across the World Bank data about India's female labour force participation (FLFP) which surprised him...
"The labour force participation rate is the proportion of the population ages 15 and older that is economically active..
Compared with labour force participation in the lower-middle income group, the gap between men and women is higher in India," the report said.. Taking to X (formerly known as Twitter), the Zerodha founder and CEO said that the country's FLFP is among the lowest in the world..
In a recent International Labour Organization (ILO) report, the number of Indian women in the labour force has shown a drastic drop, despite strong economic growth and rising wages and incomes...
The participation rate of rural women decreased from 26.5 per cent in 2009-10 to 25.3 per cent in 2011-12 (usual status definition), while the rate for urban women increased from 14.6 per cent to 15.5 per cent over the same period," the ILO statistics said.. Women tend to contribute more to the household than men which gets them overworked and they are forced to leave the workforce...
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