- According to world bank data between 2010 and 2020, the number of working women in India dropped from 26% to 19%.
- Besides inflation also turned the situation worst which leads to the loss of 100 million jobs.
- As of now, the employment gap between men and women is about 58% point.
- It has been noted that from Bloomberg Economics closing that gap could expand India’s GDP by close to a third by 2050.
- Considering the GDP percentage of women they contribute only around 17% of GDP compared to 40% in China.
- According to a report there increased domestic duties, weddings, and lack of childcare options after school shutdowns involved a declining female workforce.
Question:
Q.1 According to Bloomberg Economics, to close an employment gap, India’s GDP will close to by ________year?a. 2040
b. 2045
c. 2050
d. 2060
