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Female Workforce in India declined to 9% since the Covid pandemic

Published on June 04, 2022
Current Context: As per the report due to the COVID-19 outbreak, female employment in India fell steeply to 9% in 2022.
Female Workforce in India declined to 9% since the Covid pandemic
  • 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
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