Economy to grow slower unless more women join workforce: MeitY secretary

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Unless more women join the workforce, the pace of economic growth in India will remain slower than it optimally can be, ministry of electronics and information technology (MeitY) secretary S Krishnan said on Thursday. It also won’t be possible to realise the government’s aim of raising the share of the manufacturing sector in gross domestic product (GDP) to 25 percent, he added.

Speaking at an event here, Krishnan argued that for states with an ageing population, such as Tamil Nadu, higher female participation in the labour force will be crucial in…



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Economy to grow slower unless more women join workforce: MeitY secretary



Unless more women join the workforce, the pace of economic growth in India will remain slower than it optimally can be, ministry of electronics and information technology (MeitY) secretary S Krishnan said on Thursday. It also won’t be possible to realise the government’s aim of raising the share of the manufacturing sector in gross domestic product (GDP) to 25 percent, he added.

Speaking at an event here, Krishnan argued that for states with an ageing population, such as Tamil Nadu, higher female participation in the labour force will be crucial in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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