This paper studies how public policies, including pro-women interventions, can raise female labour force participation and promote economic growth in India.
The low and declining female labour force participation rate in India despite strong growth over the past decade is puzzling and stands out among emerging markets. At the same time greater economic participation of women can be a source of inclusive growth, and wellbeing.
This paper examines the nature and determinants of female entrepreneurship in India based on survey data. The first part assesses basic characteristics of female entrepreneurship in India, while the subsequent sections analyse key determinants of female entrepreneurship based on the literature, and test their importance at the state level in India with the support of regressions on panel-data.
Economic participation of women in the labour force or as entrepreneurs is low compared to peers and has declined over the past decades despite strong growth. The gap with men is over 50% - the largest among key emerging markets.
With India’s low life expectancy largely reflecting deaths from preventable diseases, the most significant gains in health would come from population-wide preventive measures.
Curbing inflation and improving the effectiveness of public finance programmes are key challenges of macroeconomic policy in India. Complex labour regulations and infrastructure bottlenecks are holding back growth in the manufacturing sector. Raising the low female economic participation and higher spending on health would raise growth and make it more inclusive.
During his official visit to India, OECD Secretary-General Angel Gurría will participate in an interactive session with Indian industrialists to discuss the global economic situation, the outlook for the Indian economy and the OECD-India cooperation.
Skills and educational development for inclusive and sustainable growth are becoming significant drivers in OECD countries.
The Institute for Competitiveness India, the National Skill Development Corporation India and the OECD LEED Programme in collaboration with the ILO are joining forces to discuss local skills strategies for job-rich and inclusive growth in India.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.