India’s Female Workforce Doubles in 6 Years | Historic Rise in Women’s Employment

India has seen a significant rise in female workforce participation, with the employment rate increasing from 22% in 2017-18 to 403% in 2023-24, indicating a major societal shift.

This increase is largely driven by government initiatives, improved employability of women, and greater access to formal sector jobs, with rural areas experiencing a 96% surge in employment

Government schemes like PM Mudra Yojana and PM SVANidhi have played a crucial role, with a significant percentage of loans and benefits directed towards women, empowering them economically

The focus has shifted from women’s development to women-led development, with a gender budget increase of 429% over the past decade, empowering women to be central to economic growth

Women entrepreneurs are becoming a formidable force, with nearly half of DPIIT-registered startups having at least one woman director, and self-employment among women rising significantly

Women-led MSMEs have doubled since 2010-11, creating over 89 lakh new jobs for women between FY21 and FY23, illustrating their role in job creation and economic expansion

Government schemes are providing women with new skills and resources, enabling them to actively contribute to India's growth story and economic future

Experts highlight that women are not just participants but leaders of economic progress, with nearly two crore women achieving financial independence as "Lakhpati Didis"

The Indian government aims for 70% female workforce participation by 2047, emphasizing the role of women in achieving the Viksit Bharat agenda

The rise in female workforce participation signifies more than economic progress; it represents a societal transformation, with women playing a pivotal role in shaping India's future