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Women Power Driving Viksit Bharat
Context:
Recent PLFS 2023-24 data and Government reports highlight a significant surge in female workforce participation, entrepreneurship, and formal employment, marking a shift from women’s development to women-led development.
Female Workforce Participation:
- Women’s Workforce Participation Rate (WPR) rose from 22% (2017-18) to 3% (2023-24).
- Female Unemployment Rate (UR) declined from 6% to 3.2% during the same period.
- Rural India witnessed a 96% rise in female employment, while urban areas showed 43% growth.
Formal Employment and Social Security:
- 56 crore women joined the formal workforce in the past 7 years (EPFO payroll).
- 69 crore women registered on the e-Shram portal, gaining access to welfare schemes.
- Employability of female graduates increased from 42% (2013) to 53% (2024).
Women Entrepreneurship and Financial Inclusion:
- 429% rise in gender budgets in the last decade (?0.85 lakh crore in FY 2013-14 to ?4.49 lakh crore in FY 2025-26).
- Nearly 50% of DPIIT-registered startups have at least one woman director.
- 68% of MUDRA loans and 44% of PM SVANidhi beneficiaries are women.
- Women-led MSMEs nearly doubled from 1 crore (2010-11) to 92 crore (2023-24), generating 89 lakh additional jobs (FY 21–23).
Flagship Schemes Promoting Women Empowerment:
- Namo Drone Didi, Lakhpati Didi, and DAY-NRLM enhance rural entrepreneurship.
- Gender-focused initiatives under Startup India, Mudra Yojana, and SVANidhi strengthen financial self-reliance.
- Reflects paradigm shift towards AtmanirbharNari Shakti contributing to Viksit Bharat 2047.
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