There is one change, so simple it can be described in just six words, that could lift millions of people out of poverty and expand the world’s fifth-largest economy: Get more Indian women paid jobs.
In many other countries, female labor-force participation has propelled economic growth.
But India has one of the world’s lowest rates of formal employment for women.
The percentage of women doing paid work has dropped sharply in recent years.
Much of the country’s recent economic growth has been concentrated in small, family-owned firms that employ few outsiders.
Persons:
”, Shrayana Bhattacharya
Organizations:
World Bank
Locations:
India, China, “