India needs women in workforce to fully tap economic potential
This is in stark contrast with Vietnam, where the female labour force participation rate was 68 per cent in 2023. Furthermore, India’s rate remains well below the global rate of 49 per cent. If India wants to achieve an 8 per cent GDP growth rate, a recent report by Barclays says it must raise its female labour force participation rate to 43.4 per cent by 2030.