Without counting women's contribution, it's just a dream to achieve $ 5Trillion Economy

Harsh Sharma, October 29, 2023

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Introduction

As far as I can recall economic activities around myself since childhood I can say that all of the Men's population go out of the home for work while most of the women stay at home to provide child care or elder care or household-related work or work in the vicinity of home. it is now universally acknowledged that men go out to work while women work at home & this system is well-equipped and deeply rooted in our Indian society. both genders work to help a nation stay stable in and out of home but when it comes to calculating the contribution of the population towards GDP major work of women is left un-accounted.

This society structure is not so conducive to achieving a 5Trillion $ economy so we need to make sure to involve women in mainstream economic activities and count their unpaid domestic services into economic calculations.

Here we can propose two solutions for women's contribution:

1) Women's unpaid domestic services must be appropriately valued and calculated.

2) Women must be adequately supported to work outside the home and let them aspire.

1)

This year economics Nobel prize winner has worked on women's contribution to society and how they are not well treated in economics, according to Claudia Goldin: All women work but not all of them get paid. in a recent study by "Nature" for India it was found that almost 80% of women population is engaged in unpaid domestic services compared to men ~25%. On average women work for 297hours compared to men 31 hours which shows a huge gap for domestic services.

Of the 20% of women who worked in some economic activities, 75% of them worked in such small activities that it is left unaccounted for in economic estimates. and apart from doing out of the home work they have to do domestic unpaid services which is a double burden to them.

A recent study of SBI claims that women's unpaid work plays a vital role in the economy and is responsible for 7.5% of our GDP which is remarkable and yet invisible to society and we didn't find any logs in the official economy.

The government should change the way they value this labour and call for change in internally defined national account systems so that changes can be incorporated into GDP to census calculation. As we didn't find any logs of this unpaid labour it has never come under consideration while making policies on labour protection and employment. 2)

Women working outside the home are not getting enough support to continue their work due to various domestic responsibilities which start from raising a kid to taking care of elders. In low-income families, both parents are forced to work to support their expenses while mothers have to do unpaid work apart from their job. it has also been found that women's work is seasonal and irregular. in a study, it has been found that 44% of women work for 4 months continuously over the span of 4 years only 2% of women work.

Domestic obligations keep them away from regular employment and if someone tries to work they have to work in a dangerous environment. let's take a rural area example where apart from the agricultural activity they also work in construction related work, suppose a mother has to work there then she keeps their child in the shadow of construction and a relatively polluted environment for a long duration which is affecting her child adversary but still they work to support family risking her and her child well-being.

to tackle the above issue government has already run the world's largest public Schemes ANGANWADI SYSTEM for child service but still, it's not supporting enough. in ANGANWADI children up to 6 years are being educated and provided with essential child services. this suits the rural area for workin' women outside the home, they put their children in ANGANWADI and go to work, but this ANGANWADI runs for only 4 hours and so a woman who aspires to work for 8 hours finds difficulties in handling the home & work.

above was the case for low-income states and rural areas if you see the high-income society and metro cities this problem has been assessed by the Private sector and they are running a similar service called Creche, its similar to ANGANWADI but with better equipment & facilities which cost ample amount of money.

the government needs to minimise the differences between this child service outlined by the Public and private sector and make it more helpful for working mothers.

that Creches business is still to reach to every corner of society although it is growing by 11.8% per year.

Today, the women's labour force participation rate in India is 33% according to the World Bank it is 24% while in China it is 61%, if India wants to raise its women's participation rate to empower them it needs to dispel the myth about their work contribution and women's work must both calculated appropriately and supported fairly to let them breathe in economy.