Economy

Economy

Looking Beyond Finance: The 2024 Budget And It’s Impact On Women

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Imagine a budget which transcends numerical values, adding real value to its people and making lives easier! Indians eagerly await the financial budget release day to know how funds have been allocated to different avenues of their life and how much tax they have to pay. The 2024 financial budget, presented on 23 July 2024, promises to add real value to the lives of four primary groups – the poor, the youth, farmers and women. Women comprising almost half the population have been promised numerous benefits under this budget to bridge the gap towards gender equality. So let’s explore what’s in this year’s budget for women?

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The Future of Socially Responsible Investing: Why Female Leadership Matters

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Socially responsible investing has been gaining traction as more and more investors seek to put their money where their values are. And as the industry evolves, a trend has emerged: women are taking the lead. Studies have shown that women are more likely to consider environmental and social factors when making investment decisions, and to invest in companies with diverse leadership and strong corporate social responsibility practices. These traits make women natural leaders in the socially responsible investing space.

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The unfinished skill training of India’s women: Bridging gender-based skill gaps to enhance women’s employment

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India’s growing economy needs 103 million skilled workers between 2017-2022. Yet, over 100 million Indian youth (15-29 years) are not in education, employment or training (NEET), of which around 88.5 million are young women. The proportion of working-age women receiving any form of vocational training over the past decade has been increasing from 6.8% in 2011-12 to 6.9% in 2018-19, vs. an increase from 14.6% to 15.7% for men.

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