"Gender Equality Can Help India Reach 8% Growth Rate": World Bank India Head
The World Bank expects a 6.3% GDP growth for India in FY24. World Bank India Director Auguste Tano Kouame says the country's GDP growth can go up by 2 percentage points if women have an equal representation in the workforce. He also points out that India's women workforce participation is low. According to the World Bank, while the average for lower income countries is 33% and the world average is 47%, India's rate stands at 24%, even lower than that of smaller economies such as Pakistan and Bangladesh.
