Failing our women, failing our GDP

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Indian women are finding it hard to rise and shine. Our economy suffers.

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Failing our women, failing our GDP


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After 70 years of being a republic with guaranteed fundamental rights, today’s India exhibits a clear trait : Violence against women → fear in women’s minds → lack of empowerment → poor economic participation. It is not new. Indian society, at least from medieval times onwards, had a poor record on women’s rights. Two types of violence against women – domestic (withing the four walls) and in public spaces. There are not only social costs to be paid – we become a dangerous society, an unequal place. There are huge economic and productivity costs associated. It is not just a social phenomenon. All politicians in India, post 1991, have focussed on GDP maximisation (and Demographic Dividend!) How can our GDP output be maximised if around 48% of our population is supressed visibly and invisibly? NSSO reports [Check Bodhi Resources page] clearly indicate horrifyingly low women participation in economy. Among developing nations, India has one of the “lowest” women participation rates: 30 rural, 16% urban. As India is supposedly growing, the rate of rural women participation is “falling” and not rising!

All this is not only shocking, it is a telling comment on what India has become today. Add to this the unpaid domestic work women do in household – not counted in GDP! Important learning – Our official economy (productivity) numbers are grossly overstated as only “formal” workers are counted (in both formal and informal sectors) – overlooking these unpaid women. So India is making huge claims of progress, and realising little out of it. What is the system doing?
    
 


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Bodhi Booster: Failing our women, failing our GDP
Failing our women, failing our GDP
Indian women are finding it hard to rise and shine. Our economy suffers.
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