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Gender Parity To Boost India's Economic Growth: IMF

Gender Parity To Boost India's Economic Growth: IMF

by The Daily Eye Team November 19 2015, 5:05 pm Estimated Reading Time: 0 mins, 41 secs

As per a recent IMF study, India’s GDP can expand by 27 percent if the number of women workers increases to the same level as that of men. This is much higher than the positive impact a 50-50 gender parity in workforce can have on many other economies. Terming gender-gap in Indian job market as higher than most other countries, IMF pitched for greater investment in infrastructure and enhanced social spending to bring in larger number of women in labour force. As per a recent IMF study, India’s GDP can expand by 27 percent if the number of women workers increases to the same level as that of men. This is much higher than the positive impact a 50-50 gender parity in workforce can have on many other economies.

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