Question

if india had the same number of female workers as the number of male workers, india's gdp would rise by

Answer 1

India's GDP can grow by an incredible 27% if the quantity of female specialists increases to an indistinguishable level from that of men. 

This is considerably higher than the positive effect a 50-50 gender equality in the workforce can have on the economies of the US and Japan at 5% and 9% individually. 

For instance, we have assessed that, if the number of female laborers was to increase to an indistinguishable level from the number of men, GDP in the United States would extend by 5%, by 9% in Japan, and by 27% in India. 

These assessments, while obviously provisional, are critical and sufficiently huge to be considered important. This applies especially to nations where potential development is declining as the population is aging. 

More than this, it holds the possibility to support development, raise general per capita salary, handle neediness, and decrease wage disparity for individuals everywhere throughout the world. To put it plainly, this can be a distinct advantage for the worldwide economy.

Answer 2

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$\implies$ ★ India has one of the world’s largest gender gaps when it comes to labour force participation, with women accounting for only 23-24% of the total labour force and generating a mere 17% of the share of GDP, finds the MGI study. This is far below the global average where female workers generate 37% of the world’s GDP.

$\implies$ ★ But India also has the biggest relative scope to add GDP at 16% in a best-in-region scenario. The full potential boost would be as much as 60%. Boosting female labour force participation in India would contribute 90% of gains in the full-potential scenario.

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