Economic empowerment of women drives societal development by enhancing family welfare, reducing poverty, and fostering economic growth. When women have financial independence, they invest more in their children's education and health, leading to a more educated and healthier generation. For instanceRead more
Economic empowerment of women drives societal development by enhancing family welfare, reducing poverty, and fostering economic growth. When women have financial independence, they invest more in their children’s education and health, leading to a more educated and healthier generation. For instance, in Bangladesh, microfinance initiatives like Grameen Bank have empowered women to start businesses, lifting families out of poverty and boosting local economies.
In Rwanda, women hold a significant portion of parliamentary seats, influencing policies that promote gender equality and societal development. Additionally, in India, women-led self-help groups have improved rural communities’ access to financial services and resources, leading to increased agricultural productivity and entrepreneurship.
Empowered women contribute to diverse and innovative workforces, as seen in Scandinavian countries, where high female labor participation correlates with strong economic performance and high living standards. Thus, women’s economic empowerment is a catalyst for comprehensive societal progress.
See less
There are multiple challenges women face while achieving the gender equality due to the following reasons: 1) Qualification: Due to the qualification gap between male and female, society considers that despite being more qualified than the men, superiority is given to men . It's the superiority compRead more
There are multiple challenges women face while achieving the gender equality due to the following reasons:
1) Qualification: Due to the qualification gap between male and female, society considers that despite being more qualified than the men, superiority is given to men . It’s the superiority complex that society has created on its own terms.
2) Pregnancy: The very first question asked to a female while hiring is whether she is planning to start a family? It’s because she’ll be on maternity leave and the vacancy filled couldn’t give justice to the hiring.
3) Upbringing: Upbringing matters!!! The background from which everyone comes in an Indian society, the dominance nature of male strikes when the women is progressing. Not all, but couldn’t resist the chances of it happening.
4) Responsibilities: The responsibilities that men and women come with to the working space plays an important role in the opportunities given to them. Women balance the household chores and the workspace and hence the opportunities given to them is minimalist compared to the opposition, they want the employee to take the entire responsibility of the company to reach it
s goal.
See less