Skip to main content

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
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Odisha govt_resized
Odisha Transfers 3 IAS Officers; Suresh Vashishth Gets General Administration, Sudhansu Samal Named OMC CMD
odisha-police 1
Odisha DGP Selection Row: SC Adjourns Hearing to Sept 16; Sushant Nath Moves Impleadment Plea
medha-rupam-imgs medha roopam
‘Desired to Set an Example’: Allahabad HC Warns of ‘Orwellian Dystopia’, Rebukes Bureaucracy Over Akriti Chaudhary’s Detention
CV ANAND DGP
Telangana Strengthens Ganesh Festival Security with Digital Tracking and Route Mapping
Pushkar Singh Dhami farmer empowerment
Uttarakhand CM Dhami to Launch Free Online Coaching Scheme for Youth
AIIMS PATNA
Bihar Launches AIIMS Patna-BPNI Training to Strengthen Breastfeeding Support
Bank of India 121st Foundation Day
Bank of India Celebrates 121st Foundation Day, Marks ₹17.50 Lakh Crore Global Business
HAL_resized
HAL Ramps Up HTT-40 Production, First Three Trainer Aircraft Ready for IAF Delivery 
ADVERTISEMENT
ADVERTISEMENT
Videos
Keshav kumar
From Police Officer to Forensic Pioneer: How Dr Keshav Kumar Made Science a Weapon Against Crime
ChatGPT Image Aug 20, 2026, 05_46_21 PM
How IPS Officer Keshav Kumar Used Forensics to Crack Gujarat’s Lion Poaching Case
Shakeel Ahmad Ganie IRS Interview
‘My Path Has Not Been Straight’: Shakeel Ahmad Ganie’s Journey to the IRS
ADVERTISEMENT
UPSC Stories
Umar Janj UPSC CAPF AC 2025
After 15 Failures, Umar Janj Finally Heard the Words He Had Been Waiting For: ‘I have made it'
Umar Janj from Jaisalmer secured AIR 160 in UPSC CAPF 2025 after 15+ failures, four attempts, four SSBs...
Abhishek Parmar
NDA Failures, CAPF Setbacks, Then AIR 248:How Abhishek Parmar Overcame Years of Exam Setbacks
Abhishek Parmar became the third generation of his family to enter uniformed service after overcoming...
Naveen Kumar Saini UPSC CAPF
After 3 NDA Attempts and a 7-Mark Miss, Naveen Kumar Saini Gets AIR 7 in UPSC CAPF 2025
Naveen Kumar Saini secured AIR 7 in UPSC CAPF 2025 after multiple NDA and SSB failures and missing CAPF...
CSR NEWS
WCL Project Saudamini
WCL Signs MoU with Aroha Society to Boost Women’s Livelihoods Under Project Saudamini 
The partnership will provide advanced stitching and production training to 35 women and support the development...
BPCL Pragati CSR
BPCL’s CSR Initiative Pragati Trains 10,000 Mechanics Across 22 States and 2 Union Territories 
The programme, implemented with ASDC, equips two-wheeler and four-wheeler mechanics with BS6 technology,...
nbcc
NBCC Wins ‘Champion Emerging’ Award at EXCEED CSR Awards 2026 for Hanle Ambulance Initiative
The Navratna PSU was recognised for procuring an ambulance for Hanle, Leh, strengthening emergency healthcare...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Odisha govt_resized
Odisha Transfers 3 IAS Officers; Suresh Vashishth Gets General Administration, Sudhansu Samal Named OMC CMD
odisha-police 1
Odisha DGP Selection Row: SC Adjourns Hearing to Sept 16; Sushant Nath Moves Impleadment Plea
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Keshav kumar
ChatGPT Image Aug 20, 2026, 05_46_21 PM
Shakeel Ahmad Ganie IRS Interview
ADVERTISEMENT
ADVERTISEMENT