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Questions and Answers
What percentage of India's GDP is currently attributed to women's contributions?
Which initiative provides 50% reservation for women in local governance?
What is the estimated additional contribution to GDP if India offers equal opportunities to women by 2025?
What underlying issue limits a woman’s ability to make choices in India?
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What percentage of startups in India are led by women founders?
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Which of the following has widened India’s gender gap due to the pandemic?
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What is the current number of working-age women in India?
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What aspect of women's empowerment has shown a paradigm shift in recent years?
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What is the primary aim of the 3Rs approach in women's economic empowerment?
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What potential benefit could result from a public investment of just 2% of India's GDP in the care economy?
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Which organization works with industry to strengthen the role of women in the economic sphere?
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Why is women's empowerment with gender equality considered crucial?
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What does the CII Woman Exemplar Award recognize?
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What aspect of women's economic empowerment is NOT mentioned as an urgent need?
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What is one common misconception about increasing women's economic empowerment?
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What role does the CII play in promoting gender equality?
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Study Notes
Economic Contribution of Women
- Women constitute 432 million of working-age individuals in India, with 343 million employed in the unorganized sector.
- McKinsey Global Institute estimates equal opportunities for women could contribute an additional US$ 770 billion to India’s GDP by 2025.
- Current GDP contribution from women stands at 18%.
Progress in Rural Areas
- Women in rural India have been overcoming social and familial barriers, claiming financial independence and establishing businesses.
- The panchayat system reserves 50% of seats for women, promoting leadership opportunities at the grassroots level.
- Initiatives like the National Rural Livelihood Mission empower women through leadership roles.
Government Initiatives
- The Swachh Bharat Mission and the Mahatma Gandhi National Rural Employment Guarantee Act create supervisory job opportunities for women.
- India ranks as the 3rd largest startup ecosystem globally, although only 10% of startups are founded by women.
Challenges Faced by Women
- Pandemic-induced economic downturn has widened the gender gap by 4.3%, affecting women's participation in the formal workforce.
- The burden of unpaid domestic tasks restricts women's time, limiting their ability to pursue education and entrepreneurship.
Strategies for Empowerment
- Enhancing women's economic empowerment requires addressing the dual burden of unpaid care work through the 3Rs approach: Recognizing, Reducing, and Redistributing.
- Investing just 2% of India’s GDP in the care economy could create 11 million jobs and improve women’s economic welfare.
Policy Recommendations
- Need for women-centric policies to support and encourage entrepreneurship.
- Urgent measures required for easier access to banking and financial institutions, along with tax incentives for women-led enterprises.
Role of CII and Collaborative Efforts
- The CII National Committee on Women Empowerment promotes gender equality and supports women's participation in the economy and community.
- CII recognizes exemplary women through the annual Woman Exemplar Award.
- Collaborations with organizations like UNIFEM focus on periodic studies and events aimed at women empowerment in the workplace.
Conclusion
- Women empowerment and gender equality are crucial for human rights and achieving a sustainable future.
- Bridging the gender divide through equal opportunities and representation is essential for progress.
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Description
Explore the significant economic contributions made by women in India, particularly in the unorganized sector. Understand how empowering women can substantially boost India's GDP and the impact of government initiatives in promoting their leadership. This quiz delves into the progress made and the challenges faced by women, especially in rural areas.
