Axis Bank Study Highlights Women's Workforce Gap: Bridging It Could Boost India's Economic Growth
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Axis Bank: Women's Workforce Gap Hinders India's Growth, Closing It Is Key
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CNBC TV18•09-03-2026, 13:43
Axis Bank: Women's Workforce Gap Hinders India's Growth, Closing It Is Key
•Axis Bank report "The Missing Half" links India's sustained economic growth to significantly increased female workforce participation.
•India has one of the lowest female labour force participation rates among G20 countries, with 125 million educated women outside the workforce.
•Key barriers include safety, mobility concerns, inflexible workplaces, lack of childcare, and significant drops in participation post-marriage and childbirth.
•The report emphasizes that raising female workforce participation by 22 percentage points is the "single most important economic lever" for India.
•Experts call for expanding jobs, formalizing flexible roles, investing in childcare, and improving urban mobility to integrate women into the workforce.
