With women’s participation in the organized sector still below 30%, experts stress the need for greater inclusion as International Women’s Day approaches. NLB Services asserts that India requires a 50% increase in female workforce to reach its $7 trillion economy goal by 2030. Although there’s a slight uptick in urban female labor force participation, disparities persist, with female unemployment at 8.6%. Female representation in various sectors varies significantly, indicating a need for tailored recruitment strategies and retention efforts. Women entrepreneurs face challenges like accessing capital and mentorship. Government initiatives such as reduced EPF contributions aim to bolster female employment and narrow the gender gap
Experts Emphasize Increased Women Participation for Economic Growth
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