International Women's Day: 5 ways to empower women in your workforce
International Women's Day: Organizations across the country must recognize and appreciate the qualities and strengths of their female workers.
"Any society that fails to harness the energy and creativity of its women is at a huge disadvantage in the real world." - Tian Wei, CCTV News
The Indian economy has been growing at an unbelievably incredible pace, witnessing bouts of transformation and progress with each passing year. The women of the country have emerged as the frontrunners across diverse industries, changing the face of many businesses, and the economy at large. Their talent has the utmost potential to drive positive changes and build a prosperous nation. However, currently, women only contribute 18% to India's GDP, while the global average is close to 37%, as per a McKinsey Report released in 2018. The dismal figures leave behind a slight doubt, and question the very progress that the country talks about.
A McKinsey Global study conducted in 2015 stated that India could raise its GDP by 16-60% by 2025 if it enables women to participate in the economy at par with men. Women empowerment in the workforce, therefore, could never be more important than now, and the onus of the change lies on us all.
-by Satya Sharma, CHRO & Co-founder, TO THE NEW
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