Economic indicators say that India is operating at 1/4th of its potential
Where does India lack?
1. For every 3 men, there is one women in workforce.
2. India’s GDP is 25% of its potential $ 10tn.
3. Only 25% of India uses internet.
4. One in four Indians own smartphones.
How does it impact Delhi-NCR?
Delhi-NCR mirors India’s economic growth. If India grows faster, so would the region.
Just by increasing ten percent participation of women in the workforce, the GDP goes up by my more than 50%.
With more income women also get access to technology. Right now men get the preference.
More users mean more phones, and more internet based businesses.
What is the way out?
More jobs in the formal sector is the fastest route to the growth.
Robust law and order is an enabler, when women do not fear stepping out of homes.
Public transport, which is easy to use is a definite support to women.
Delhi-NCR, though is better than the rest of the country. But, it can improve