Indian women (and girls) are more educated than ever. The school enrolment numbers suggest that women and girls are staying in school longer. The data also mentions that women are dropping out of the country’s workforce at an alarming rate. An estimate suggests that in 2020, only 15 percent of India’s youth entering the labour force will be female. This is not just a blow to gender diversity in India’s workforce but will also severely impact the country’s GDP with a significant number of the employable population deciding not to work.
According to a World Economic Forum project, closing the nation’s skills gap could add US$1.97 trillion to India’s GDP by 2028. Thus, the economic implications of India’s youth being unprepared for the modern job market to make updating education and adding skilling programmes an urgent need.