Female workers decline, comprise only one fourth of worker population in India
Minister of Labour, S. Gangwar is of the opinion that the female workforce decline has more to do with increase in level of income in rural areas and higher educational attendance by women.
Key Highlights
- Male work population ratio was at 73.3% in FY16
- Females make up only half the number of registered male job seekers on NCS
- Unemployment rate stood at 3.7% in FY16
The female workforce in India has registered a decline in the financial year 2015-16. A lower percentage of women contributed to the workforce in FY16, Santosh Kumar Gangwar, Minister of State for Labour and Employment said in a reply to Lok Sabha questions in the winter session of Parliament.
Worker population ration revealed by the Minister showed that male workers in FY16 stood at 73.3% while females stood at 25.8%.
This was far less than the preceding year which entailed 29.6% female worker population.
“The estimated female Worker Population Ratio aged 15 years and above on usual status basis was 25.0% during 2012-13, 29.6% during 2013-14 and 25.8% during 2015-16 and the GDP growth rate has been 5.5%, 6.4% and 8.0% for the years 2012-13, 2013-14 and 2015-16,” the report said.
“The decline in female work force participation rate may be attributed to factors like increase in level of income in rural areas due to increase in real wages, increased educational attendance and higher level of participation in education and insufficient formal wage employment opportunities etc,” Gangwar added.
In another reply to Lok Sabha questions on ‘job seekers’ in India, Gangwar revealed that the number of females seeking jobs was half of the male population doing the same.
“As on 30th November 2017, there are 2.54 crore male and 1.33 crore female jobseekers who are registered in NCS Portal,” Gangwar said.
NCS or National Career Service portal is an initiative of the government to facilitate job opportunities. “This portal facilitates registration of job seekers, job providers, skill providers, career counsellors, etc.”
India also registered a decline in the Global Gender Gap index released by World Economic Forum in November this year.
After improving its ranking in the same gender gap index last year, the country has slipped 21 spaces from its 87th position in 2016 to land at 108.
India’s wage gap was also labelled as worst in the world, Oxfam data revealed in April 2017.
In India, women form 60% of the lowest paid wage labour, but only 15% of the highest wage-earners. It means that in India women are not only poorly represented in the top bracket of wage-earners but also experience wide gender pay gap at the bottom, the report said.
The wage gap in India’s manufacturing sector touched 30%, Global Wage Report 2016-17 showed. This sector was consequently labelled the ‘lowest paid’ in India.
Also Read:
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
01:28 PM IST