7th August 2024 (8 Topics)
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A budget boost for more women at work
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Context
Lack of educational attainment and skills, plus the burden of domestic care responsibilities, push women away from the formal job market in India. This budget’s provisions can be used to, directly and indirectly, support working women through better infrastructure and transport options.
Budget Allocation and Women's Employment:
- Significant Allocation: The budget allocates over Rs 3 lakh crore for schemes benefiting women and girls, aiming to boost workforce participation.
- Current Participation Rates: Women's workforce participation is 35.9%, compared to men's 76%, with most women in low-quality self-employment.
- Government Initiatives: Initiatives include hostels, creches, women-specific skilling programs, and market access for self-help groups to promote women's employment.
Challenges and Proposed Solutions:
- Manufacturing Sector Focus: Special attention to smaller enterprises and manufacturing, crucial for women’s employment, with a package covering financing, regulatory changes, and technology support.
- Skilling Opportunities: The budget emphasizes skilling, addressing gender stereotypes in ITI courses and promoting female participation in technical trades.
- Infrastructure and Safety: Recommendations for transport and hostel facilities to improve women's access to vocational training and workforce entry.
Mains Question:
Q. Examine the challenges and opportunities the 2024-25 Union Budget presents for enhancing women's workforce participation in India. How can government initiatives address these issues effectively?
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