https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Women Entrepreneurs and Workforce Participation Key to Unlocking India’s Economic Potential: Economic Survey

FLFPR Jumps to 41.7%: Women’s Role Central to India’s Path to Viksit Bharat 2047. Economic Survey Highlights Women’s Growing Role in India’s Economy
Indian Masterminds Stories

New Delhi: India’s workforce of over 56 crore people is emerging as a significant engine of economic growth, with women increasingly taking centre stage as both workers and entrepreneurs. The latest Economic Survey 2025–26 notes that rising labour force participation, falling unemployment, and steady job creation across organised and unorganised sectors reflect India’s progress towards a more inclusive growth model.

To fully realise the demographic dividend, the Survey stresses the need to move beyond mere job quantity, focusing instead on quality employment and sustainable livelihoods, particularly for women. Structural reforms, targeted policy interventions, and recently enacted Labour Codes are designed to balance labour market flexibility with worker welfare, while boosting industry competitiveness.

Rising Female Workforce Participation

India has seen a remarkable improvement in the Female Labour Force Participation Rate (FLFPR), rising from 23.3% in 2017–18 to 41.7% in 2023–24. Over the same period, the unemployment rate declined sharply from 5.6% to 3.2%, indicating growing economic inclusion and empowerment of women.

The number of women-led enterprises is also increasing. According to Women and Men in India 2024, the share of female-headed proprietary establishments grew from 24.2% in 2021–22 to 26.2% in 2023–24, with the manufacturing sector accounting for the highest share at 58.4%. States like West Bengal, Karnataka, Gujarat, and Andhra Pradesh, which report a higher presence of women-led establishments, also record higher FLFPR.

Read also: Economic Survey 2025–26: India’s GDP Growth Projected at 6.8–7.2% Amid Global Uncertainty, Flags Currency and Capital Flow Risks

Women Entrepreneurs as Drivers of Economic Growth

The Survey highlights the role of women entrepreneurs in India’s transition towards higher-value economic activity. Key enablers include:

  • Integrating self-help groups (SHGs) into the MSME ecosystem
  • Expanding credit access and procurement opportunities
  • Providing mentorship and business support

State-led initiatives are setting benchmarks:

Telangana’s WE-Hub connects women-led startups with investors and innovation ecosystems.
Kerala’s Kudumbashree and Maharashtra’s Mahila Arthik Vikas Mahamandal link microfinance, enterprise development, and formal credit, enabling women to enter non-traditional sectors such as logistics, construction, and facility management.

Persistent Barriers to Women’s Participation

Despite progress, women face structural barriers including:

  • Limited mobility and unsafe transport options
  • Lack of affordable housing
  • Inflexible work arrangements that clash with caregiving responsibilities

Highly educated women often remain concentrated in low-productivity or part-time roles. PLFS 2023–24 data shows women aged 25+ with advanced degrees account for just 2.9% of the employed female workforce.

Women’s participation in STEM disciplines also remains limited, with 43% of enrolments in 2021–22, constrained by social norms, care responsibilities, early marriage, and higher education costs. Expanding STEM access and future-oriented skills is essential to bridging gaps and enabling women to enter white-collar services and modern manufacturing.

Policy Focus: Mobility, Housing, Care, and Skills

The Survey calls for a multipronged policy approach to enhance women’s participation:

  • Urban mobility: safer, affordable transport
  • Housing solutions: working women’s hostels and rental housing; examples include Sakhi Niwas and Tamil Nadu’s Thozhi Hostels
  • Women-centric industrial clusters to improve access to urban jobs
  • Reducing unpaid care burden: expanded Anganwadi networks, community crèches, and employer-linked childcare
  • Skills development: aligning training with industry demand in manufacturing, renewable energy, digital services, and agro-processing
  • Returnship/back-to-work programs: enabling women to re-enter the workforce after career breaks

Flexible Work and Labour Reforms

The new Labour Codes have opened opportunities for women by enabling work-from-home and hybrid arrangements, alongside provisions for maternity benefits, equal pay, and workplace safety. Expanding social security, income protection, and grievance redressal for gig and platform workers is also a priority.

Towards Viksit Bharat 2047

The Survey concludes that increasing women’s workforce participation and entrepreneurship is not just a social goal but a strategic economic imperative. Higher female employment:

Supports household welfare
Strengthens labour market outcomes
Enhances productivity

These measures are central to India’s vision of a more inclusive, resilient, and prosperous economy, moving towards Viksit Bharat by 2047.

Key Takeaways

  • FLFPR increased from 23.3% (2017–18) to 41.7% (2023–24)
  • Unemployment fell from 5.6% to 3.2%, reflecting economic inclusion
  • Women-led enterprises rose to 26.2% of proprietary establishments
  • Policy interventions: Labour Codes, SHG integration, mobility, housing, care economy, skills training
  • Focus on high-value sectors: manufacturing, STEM, digital services, renewable energy
  • Women’s participation is a strategic driver of India’s inclusive economic growth

Read also: PM Modi Flags ‘Reform Express’, Tech-Driven Governance Ahead of Union Budget in Parliament Budget Session


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
grse
GRSE Signs MoU with K2 Cranes to Manufacture Marine and Defence Cranes under Atmanirbhar Bharat
Life Insurance Corporation of India LIC
LIC Re-Appoints Mahalingam G and Dr. V S Parthasarathy as Independent Directors for Six-Month Term
PMO-building
Govt Extends Temporary Upgradation of 4 Senior Posts in Education, Finance, Science, and Heavy Industries
eil
EIL and Honeywell Sign Strategic Agreement at India Energy Week 2026 for Sustainable Refinery Technologies
women
Women Entrepreneurs and Workforce Participation Key to Unlocking India’s Economic Potential: Economic Survey
Stray Dog Sterilisation
BIG Breaking: Supreme Court Stays UGC’s Anti-Discrimination Rules, Flags Caste, Women, and Disability Concerns; Next Hearing March 19
Economic Survey
Economic Survey 2025–26: India’s GDP Growth Projected at 6.8–7.2% Amid Global Uncertainty, Flags Currency and Capital Flow Risks
Indian Army V-BAT Drones Procurement
What Are Autonomous V-BAT Drones? How These Will Transform Indian Army’s Border Surveillance Strategy
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-01-26 at 8.12
Hemming ITDC To Provide Ultimate Travel, Tourism & Hospitality Experience | IAS Mugdha Sinha Video Interview
Desh Deepak Verma IAS Video Interview
The Life & Times of an UPSC Aspirant in Allahabad
Desh Deepak Verma
The Dhaba Deal That Helped Flip The Ledger of UPSRTC 
ADVERTISEMENT
UPSC Stories
IAS Avdhija Gupta UPSC
She Cried, She Learned, She Returned: The Unbreakable UPSC Journey of IAS Avdhija Gupta
From three consecutive Prelims failures to securing AIR 43, IAS Avdhija Gupta’s UPSC CSE-2024 journey...
UPSC Logo Explained
Why the UPSC Centenary Logo Matters: A Visual Guide to 100 Years of Civil Services
The UPSC centenary logo marks 100 years of India’s civil services. Decode its symbols and trace the journey...
Bhilai Steel Plant Diploma Engineer to CGPSC 2024 Deputy Collector – Yashwant Dewangan
Lost Father at 17, Worked Full-Time: Bhilai Steel Plant Diploma Engineer to CGPSC 2024 Deputy Collector – Yashwant Dewangan
Yashwant Kumar Dewangan, a BSP diploma engineer from Korba, overcame personal and professional challenges...
Social Media
One-Horned Rhino Calf
Watch: First One-Horned Rhino Calf of 2026 Takes Birth at Jaldapara National Park, IFS Officer Shares Rare Footage
A newborn one-horned rhinoceros calf was spotted at Jaldapara National Park on January 1, 2026. IFS officer...
venomous banded krait
Rare Night Encounter: IFS Officer Spots Highly Venomous Banded Krait During Forest Patrol, Internet Amazed
An IFS officer’s night patrol video of a highly venomous banded krait has gone viral, highlighting India’s...
elephant rescue Karnataka
Heroic Karnataka Elephant Rescue: How a 28-Hour “Impossible Mission” Became a Triumph of Wildlife Care, IFS Parveen Kaswan Shares Video
A trapped elephant was rescued after 28 hours in Karnataka through a massive, expertly coordinated Forest...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
grse
GRSE Signs MoU with K2 Cranes to Manufacture Marine and Defence Cranes under Atmanirbhar Bharat
Life Insurance Corporation of India LIC
LIC Re-Appoints Mahalingam G and Dr. V S Parthasarathy as Independent Directors for Six-Month Term
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-01-26 at 8.12
Desh Deepak Verma IAS Video Interview
Desh Deepak Verma
ADVERTISEMENT
ADVERTISEMENT