Equipping women with new-age skills

In the Economic Forum's Global Gender Gap Report for 2021, India was rated 140th out of 150 nations, down 28 places from the previous year. Furthermore, women's labour force participation has declined from 24.8 to 22.3 percent, and women are predicted to earn barely one-fifth of what males earn. Women encounter a variety of hurdles to employment, including skill inequalities, which have serious social and economic consequences.

India has one of the world's youngest populations, with women accounting for a large portion of it. Because they are prepared with new-age skills, adapt to new developments, and provide a new perspective, youth engagement in the workforce is critical for economic growth and development. However, if nearly half of the youth population is kept out of the labour, economic development will be hampered, putting women at the bottom of the economic ladder. As a result, GDP growth, a key metric of a country's success, is hampered. According to a Mckinsey research, if India prioritises women's equality and participation in the workforce, it can contribute $770 billion to its GDP by 2025.