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Story perspectives

India's Female Workforce Surges Amid New Entrepreneurial Support

2/1/2025

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Story summary
  • India's Economic Survey 2024-25 reveals female labor force participation increased from 23.3% in 2017-18 to 41.7% in 2023-24, fueled by rural women's engagement and government initiatives.
  • The Union Budget 2025 launched a scheme providing term loans up to INR2 crore for first-time women and SC/ST entrepreneurs, targeting 500,000 borrowers over five years.
  • Challenges persist, including restricted access to credit and systemic barriers hindering women's entrepreneurship.