When Indian Women Join the Workforce, They Help the Economy Grow
India, as a country, has come a long way in the last few decades with a whopping 133 million people rising above poverty and leading a good lifestyle between the years 1994- 2012. Along with being proud of this great achievement, what we must also bring to notice is the fact that this achievement could have been much bigger if the women in India joined the workforce in much larger numbers than they have.
Research suggests that increasing women’s labor force participation by 10 percentage points could add $700 billion to India’s GDP by 2025 (or a 1.4% increase). This shows the significance of having more women in the workforce to help the economy grow. Although we have 43% of the total working women in regular wage and salaried positions by the year 2011-2012 (which is an increase from the 28.5% that existed in 1993-1994), we have still a long way to go in terms of including more and more women into the workforce of India.
As an initiative towards encouraging women from even the most remote parts of the country to come forward and start earning their own livelihood, the Fair & Lovely Career Foundation has launched the Pehli Tankha or First Salary campaign, that includes spreading awareness about the benefits that the woman and their families can get from allowing girls to go out and work. The emotion that follows after a girl receives her first salary cheque in hand is inexplicable, and it can impart a lot of confidence and hope to herself and her family.
The Fair & Lovely Career Foundation website provides women like you with a lot of essential skills and resources that are needed to get the job of your dreams, starting from free online career guidance, mock tests under various subjects for easy online test preparation, a number of online courses that are free and certified in order to help you learn and prepare for your dream job. We also have tests like psychometric tests that assess your interests and aptitude and suggests the best career options for you. By making use of all these career-related services present on our website, you will be able to do some solid career planning.
There is an urgent need to alter the thought process of Indians in relation to the women of their homes going out to work. Valuing girls and women is a critical factor in making societies more developed and prosperous. There are a lot of factors that act as deterrents to women heading out to the workplace. Support from the family and the society at large will help them remove all the obstacles in their way to success and happiness. Fostering the creation of better careers for women, providing support for child and elder care, and ensuring safe mobility to and from work can remove significant barriers for women to access employment. The Fair & Lovely Career Foundation is here to provide the support that every woman needs to realize her dreams of establishing a strong career.