ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • MSME Summit
  • Trending News
    • Viral News
    • Travel
    • People
    • Entertainment
    • Sports
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • New Virus in China 2022: Langya ALERT! No vaccine, no treatment!
  • Policybazaar system vulnerabilities exposed customers' personal details, says this report
  • Government removes cap on airfares with effect from 31 August
  • Samsung Galaxy Z Fold 4, Galaxy Z Flip 4, Watch 5 series, Buds 2 Pro revealed - price, India availability, specs and more
  • Maruti Suzuki Alto K10 2022 bookings open; Check token amount and how to book online
Read in App
Business News » India News

Budget 2019 expectations: Increase female participation in workforce, eliminate hiring biases

Budget 2019: A report by the Centre for Monitoring Indian Economy (CMIE) revealed that almost 11 million Indians lost their jobs in 2018 as the number of employed recorded in December 2018 came down to 397 million from 407.9 million at the end of December 2017.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Budget 2019 expectations: Increase female participation in workforce, eliminate hiring biases
Bagaria hopes that Budget 2019 focuses more on skill development programs for women, and eliminates hiring biases. Source - PTI.

Budget 2019: India's employment scene is going through an interesting, yet tough phase. Even as the BJP-led NDA government continues to reinstate the fact that there is no job crisis in the country, the data suggests otherwise. A report by the Centre for Monitoring Indian Economy (CMIE) revealed that almost 11 million Indians lost their jobs in 2018 as the number of employed recorded in December 2018 came down to 397 million from 407.9 million at the end of December 2017. The vulnerable groups were the worst hit and soon after the report was released, Congress spokesperson Manish Tewari alleged that the Modi government failed to fulfil its promise of providing two crore jobs every year.

"Which means more than one crore people lost their jobs. It is astonishing that more than 80 per cent of those unemployed were women and more than 90 per cent belonged to rural India," Tewari said, citing the report. The Congress leader also claimed that India's unemployment rate has increased to 7.4 per cent in December 2018. 

This poses a fresh challenge for the Modi government which is set to present its first interim budget next month. The budget would be the last chance for the ruling party to regain lost confidence and the working sector expects more focus on empowering women. 

A recent survey conducted by JobsForHer for women restarters revealed that as many as 38 per cent women cited childcare as one of the biggest challenges to restarting their careers. Neha Bagaria, Founder & CEO, JobsForHer told Zee Business Online Zee Business Online that the Indian Government’s Rs 400 crore proposal this year to reimburse employers for seven of the 26 weeks of extended maternity leave, should help to increase female participation in the workforce.

.@ChoiceBroking के @sumeetbagadia को किस स्टॉक में लगता है #10KiKamaai कराने का दम।@AnilSinghviZEE @deepaliranaa pic.twitter.com/jj4hYr57oL

— Zee Business (@ZeeBusiness) January 10, 2019

Bagaria hopes that Budget 2019 focuses more on skill development programs for women, and eliminates hiring biases. 

"Outdated skill sets are yet another reason women are keeping out of the workforce. 34% of the women on our survey mentioned reskilling as a necessity for their career restart, progression and job role changes. We hope to see budget 2019 focus on skills development programs for women, a focus on reducing or eliminating hiring biases, family leave policies that include both parents, diversity and initiatives, equal pay policies to close the gender pay gap, recruiting more senior women leaders and Board members and compulsory anti-harassment training to ensure safer working environments for all women," she said. 

Citing India Skills Report, 2018, Bagaria said the participation of women in the workforce has decreased from 32% in 2016 to 23% in 2018. She said that this is also because low-level jobs opted by women are being automated and fewer women seem to be entering high-growth employment areas.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Budget 2019Narendra Modi
Written By: Manas Tiwari
Updated: Thu, Jan 10, 2019
01:11 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
Social Stock Exchange: What is it? Will it benefit social enterprises in India? Social Stock Exchange: What is it? Will it benefit social enterprises in India?
Housing for all by 2022: Outlook positive for affordable housing in the next 3 years Housing for all by 2022: Outlook positive for affordable housing in the next 3 years
Hit by massive trouble, NBFC sector gets a big boost; here is how Hit by massive trouble, NBFC sector gets a big boost; here is how
Investment tips: These 10 stocks can help your wealth grow in July 2019  Investment tips: These 10 stocks can help your wealth grow in July 2019
Sensex crash! Rs 5.61 lakh crore of investor wealth wiped out in 2 days - 8 reasons why Sensex crash! Rs 5.61 lakh crore of investor wealth wiped out in 2 days - 8 reasons why

LATEST NEWS

Raksha Bandhan 2022 correct date, best time; Rakhi Shubh Muhurat in India - Know inauspicious Bhadra, what to avoid as per Hindu calendar

Opening Bell: Sensex gains nearly 125 points, Nifty50 starts above 17,550 – Auto, FMCG, Pharma lead the surge

Samsung Galaxy Z Fold 4, Galaxy Z Flip 4, Watch 5 series, Buds 2 Pro launched- price, India availability, specs and more

Free UPSRTC bus rides to women above 60 years in UP soon! What CM Yogi Adityanath said

Gold Price Today: Bullion trades cautiously ahead of US CPI data; expert suggest intraday trading strategy

Raju Srivastav suffers heart attack at gym, admitted to AIIMS in Delhi

Bajaj Finance Fixed Deposit: Higher FD rates and quick online process - Details

Policybazaar system vulnerabilities exposed customers' personal details, says this report

Rakesh Jhunjhunwala stock: Tata Group company's share price hits new high after strong Q1 results – Brokerage recommend Buy, check price target

REC bonus shares news: Shareholders approval received for proposal to issue 65.83 crore bonus shares

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV