Friday, August 1, 2025

Women’s Formal Employment Rises to 41.7% in 2023–24

- Advertisement -

India has recorded a significant rise in women’s employment in the formal workforce, with the Labour Force Participation Rate (LFPR) for women aged 15 and above reaching 41.7% in 2023–24, up from 23.3% in 2019–20.

This 18.4 percentage point increase marks a pivotal moment in the country’s employment landscape, reflecting the impact of sustained policy efforts, social awareness, and economic shifts.

The data, presented by the Ministry of Labour and Employment and supported by EPFO payroll records, indicates that 26.9 lakh women joined the formal sector as net subscribers in 2024–25 alone.

This surge is seen as a strong indicator of growing awareness around social security and a gradual move toward structured employment.

Government Schemes Driving Participation

The rise in formal employment among women is closely linked to a series of targeted government initiatives.

Flagship programs such as Pradhan Mantri Mudra Yojana, PM Kaushal Vikas Yojana, and the Prime Minister’s Employment Generation Programme have played a key role in skilling and financing women-led enterprises.

Specialized schemes like Stand-Up India, Startup India, and WISE-KIRAN have encouraged women’s entry into underrepresented sectors such as science, engineering, and technology.

Additionally, livelihood-focused programs like Mission Shakti, Namo Drone Didi, and Lakhpati Didi have supported self-reliance through skilling and micro-entrepreneurship.

The newly introduced Employment Linked Incentive (ELI) Scheme aims to further boost job creation in manufacturing while expanding the social security net for female workers.

Labour Reforms and Workplace Support to Women for Employment

Recent labour reforms have also contributed to this upward trend.

The Code on Social Security, 2020 introduced several protections for women, including extended paid maternity leave, mandatory crèche facilities, and safeguards for night shift workers.

These measures have helped create safer and more accommodating work environments.

The ‘Palna’ component of Mission Shakti, which offers free childcare services through Anganwadi-cum-Crèches, has enabled more mothers to remain in the workforce by easing caregiving burdens.

Employment for Women: Challenges and the Road Ahead

Despite the progress, experts caution that a large portion of women in the formal workforce remain in self-employment or part-time roles, with relatively few occupying salaried or leadership positions.

Barriers such as workplace safety, unpaid care responsibilities, and limited access to decision-making roles continue to hinder full economic inclusion.

To address these gaps, the Ministry of Labour and Employment convened a Round Table Discussion in March 2025, focusing on four key themes: Care Ecosystem, Future of Jobs & Skilling, Safe & Equitable Workplaces, and AI & Digital Interventions.

The event brought together policymakers, industry leaders, and skilling institutions to shape reforms that support sustainable and inclusive workforce participation.

A Step Toward Gender-Balanced Growth

The rise in women’s formal workforce participation goes beyond numbers and percentages.

It signifies a significant shift in society’s commitment to achieving gender equity in employment.

Sustained efforts in skilling, workplace reforms, and inclusive policies are strengthening the foundation for economic progress.

These measures are positioning India to achieve a more balanced and resilient economy.

As the country moves toward its Viksit Bharat 2047 vision, the goal of 70% female workforce participation remains ambitious but increasingly attainable.


Note: We are also on WhatsApp, LinkedIn, and YouTube, to get the latest news updates. Subscribe to our Channels. WhatsApp– Click HereYouTube – Click Here, and LinkedIn– Click Here.

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

TCS hiring freshers via “TCS NQT” online exam, last day to register Feb 27

TCS hiring freshers via "TCS NQT" online exam, last...

Schneider to create over 2,000 jobs, to invest Rs 350-400 crore in Luminous Power

French multinational Schneider Electric has announced its plan to infuse around...

Budget 2024 Expectations From Industry Leaders

On February 1, 2024, Honorable Union Finance Minister Nirmala...

How TCS engages its employees in long-term

Employee engagement is a critical aspect of organizational success,...

SAP Labs India to hire 1,000 employees and invest in AI

Multinational software giant, SAP Labs in India is planning to...

Key Elements of Effective Performance Dialogue

Taken from various angles, from the economic to technological, our...

Wipro to open a new delivery center in USA, will hire up to 400 employees

Wipro Limited, a leading global information technology, consulting, and...

How to Build Happy Teams for Organizational Growth and Profitability

Corporate India: Did you know these research-based facts… Happy employees...

Related Articles

Sahiba Sharma
Sahiba Sharmahttps://sightsinplus.com/
Sahiba Sharma, Senior Editor - Content at SightsIn Plus