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New Delhi: Female labour participation rate in India fell to 16.1% during the July-September 2020 quarter, the lowest among the major economies, a government report said, reflecting the impact of pandemic and a widening job crisis.>
The percentage of women in the labour force had fallen to a record low of 15.5% during the April-June 2020 quarter, when India imposed strict lockdown to curb the spread of COVID-19 virus, said the report, released late Monday by the Ministry of Statistics.>
According to World Bank estimates, India has one of the lowest female labour force participation rates in the world. Less than a third of women – defined in the report as 15 or older – are working or actively looking for a job.>
The female labour participation rate in India had fallen to 20.3% in 2019 from more than 26% in 2005, according to World Bank estimates, compared with 30.5% in neighbouring Bangladesh and 33.7% in Sri Lanka.>
Most employed women in India are in low-skilled work, such as farm and factory labour and domestic help, sectors that have been hit hard by the pandemic.>
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The unemployment rate among women touched 15.8%, compared with 12.6% among male workers during three months that ended in September 2020, the latest quarter for which data was released.>
Most economic activities have resumed in the country after state governments eased pandemic curbs in response to a decline in coronavirus infections from May peaks. That is likely to help create more jobs for all workers, government officials said.>
India’s July unemployment rate fell to 6.95% from the June figure of 9.17%, data from the Centre for Monitoring Indian Economy (CMIE) showed on Monday.
Many private economists have warned that the slow pace of vaccination and a slump in consumer demand could hurt growth prospects, and the economy is unlikely to attain its pre-COVID size before March 2022.>
Asia’s third-largest economy, which shrunk 7.3% in the fiscal year ending in March, the worst recession in last seven decades, is expected to grow at 8-9% year-on-year in the current fiscal year.
(Reuters)>