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IWWAGE Trends Report 2023

July, 2024

In 2023, India emerged as the fastest-growing major economy globally, driven by robust employment generation, productivity gains, and sustained economic growth. Alongside this remarkable economic performance, the year brought women-led development and Nari Shakti into focus, reaffirming India’s commitment to gender equality and sustainable development. However, despite these advancements, the issue of female labour force participation remains critical.

India has long struggled with lower female labour force participation compared to global standards, with socio-economic and cultural factors limiting the full utilisation of women’s potential. Yet, recent trends offer promising signs of progress. According to the latest Periodic Labour Force Survey (2022-2023), female participation in the labour force for those aged 15 and above rose to 37%, with rural areas seeing an increase from 36.6% to 41.5%, and urban areas from 23.8% to 25.4%. More women are engaging in family-owned or self-employed work, including agriculture, contributing positively to this shift.

Additionally, 2023 witnessed significant strides towards women-led development, with a renewed push for women’s representation in Parliament and proactive policy discussions during India’s G-20 presidency. However, the journey towards true gender equality remains ongoing. Women continue to be under-represented in key sectors, particularly in science and technology, with workplaces reflecting broader economic and social inequalities.

India’s G-20 presidency adopted a gender-focused approach, aiming to reposition women not just as beneficiaries but as economic agents driving development. By embracing women-led development, India sought to shift the narrative and demonstrate the transformative potential of women in spearheading key sectors and promoting inclusive growth.

This report contextualises women’s participation in various fields within the broader political and economic landscape of 2023. It highlights the challenges and opportunities that emerged during the year and offers a forward-looking perspective on potential growth areas in 2024, recognising women as a formidable force in driving progress and prosperity.

Resource Type Report

Authors Devika Oberai | Suhani Pandey | Manas Pathak