Economic Consequence of Low participation of Women-

♤ A new study by the McKinsey Global Institute estimated that India’s gross domestic product (GDP) in 2025 can be higher by as much as 60% if women’s participation in the economy were on par with that of men.

♤ A study by Asian Development Bank (ADB) also points to the similar fact. It says that if women’s participation in India increases to the level prevailing in the advanced countries, annual GDP will be higher by 4.2%.

♤ No country can attain its full potential if half of its human capital is unable to contribute fully to its growth and development. India is no exception.