The report titled "From Aspiration to Action: Building India's 400 Million Women Workforce" was launched by the Magic Bus India Foundation in collaboration with Bain & Company and outlines a roadmap to double India's female labor force participation rate (FLFPR). The report aims to boost FLFPR from 35-40 per cent to 70 per cent by 2047 to create a formidable 400-million-strong women workforce.
The report aims to increase women's contribution to India's GDP by 45 per cent by 2047, addressing challenges like limited job opportunities, higher dropout rates, wage disparities, and job-skill mismatches. It categorizes Indian women into seven archetypes and proposes tailored solutions, such as an entrepreneurial ecosystem for rural women and job readiness initiatives for urban women. The report further highlights the E4 Model for rural women, focusing on entrepreneurship and skill development, and the PROGRES Model for urban women, emphasizing job readiness and resilience. It emphasizes the need to empower women to unlock economic value and drive gender equality in India, despite projected workforce growth of 110 million by 2047.
The report categorizes Indian women into seven archetypes, with the key OLF categories being Aspirational Homemakers, Settled Homemakers, and High-Potential Youth. It calls for immediate action to close the participation gap in these key segments, advocating for government, private sector, nonprofits, and investors to create infrastructure, policies, and funding.
Current Issue
Most Viewed
- 1 Talented Indian Female Actors Who Also Moonlight as Successful Producers
- 2 7 Indian Female Podcasters You Must Know About
- 3 7 Powerful Independent Indian Women Journalists Who are Voices of Change
- 4 Ruchikaa Kapoor Sheikh: The Creative Mind Behind Netflix India's Popular Shows
- 5 7 Most Influential Women Educators India has had over the Years
- 6 11 Breakthrough Female Faces Ruling the Indian OTT Platforms
- 7 8 Timeless Female Indian Classical Dancers & their Legacy
- 8 Women's Health Startup HerMD Closing Doors Amid Industry Challenges
- 9 Real Meets Reel: A List of 11 Indian Movies based on Real Women
- 10 Rasha Hassan: A Visionary Leader On A Mission To Transform Dubai's Real Estate Landscape
- 11 5 Indian Women-led IPOs You Must Know About
- 12 11 of the Most Iconic 21st Century Women to become "The First Indian Woman"
- 13 India's 7 Funniest Women Stand-Up Comics You Must Follow
- 14 Aparna Purohit : Leading India's Most Popular OTT Platforms
- 15 How Leaders Can Balance Risk & Innovation in Today's Banking Landscape
- 16 Dr. K. Shilpi Reddy: Sculpting Healthier Futures For The Next Generation With Reforms In Obstetrics Care
- 17 Sylvia Dcosta: A Visionary Business Leader Pushing The Limits And Setting High Professional Standards
- 18 Top 5 All-Rounder Women Cricketers of India
- 19 How Tata AIA is Empowering Women with Insurance That Understands Their Needs
.jpg "Women's Reservation Bill Rejection, Debate & Reactions")