Zerodha's Nithin Kamath shares insight on India's low female labour force participation rate | Mint
Active Stocks
Fri Feb 23 2024 15:58:13
  1. Tata Steel share price
  2. 145.50 -0.24%
  1. State Bank Of India share price
  2. 759.40 -0.86%
  1. HDFC Bank share price
  2. 1,420.90 0.08%
  1. NTPC share price
  2. 337.70 -0.54%
  1. ITC share price
  2. 411.60 -0.65%
Business News/ Companies / People/  Zerodha's Nithin Kamath shares insight on India's low female labour force participation rate
BackBack

Zerodha's Nithin Kamath shares insight on India's low female labour force participation rate

In an attempt to find out the reason behind India's low female labour force participation rate, Zerodha's Nithin Kamath shared insight in the same on X (formerly Twitter)

Zerodha's Nithin Kamath shared insight on India's low female labour force participation ratePremium
Zerodha's Nithin Kamath shared insight on India's low female labour force participation rate

India's female labour force participation remains to be at an extremely low level in past one decade. Over the years, it has improved nominally. Highlighting the opportunity of economic boost by employing India's female population, Zerodha's Nithin Kamath shared insight on India's female labour force participation.

Also read: Women Equality Day today: Know significance and history

In his recent post on X (formerly Twitter), Nithin Kamath said, “Empowering women to join the workforce is an obvious way to increase our economic growth. Our female labor force participation rate is among the lowest in the world."

He also underlined thed drastic fall in female labour force participation rate from 30% to 20% post 90s era. The percentage increased minutely by 24% in the coming years.

Also Read: Exchange Traded Funds: Investing in ETFs? Nithin Kamath's Zerodha shares five things investors should know about

U-shape trend between female labour force participation and GDP per capita

Delving an answer to the sudden fall and then slight increase in FLFP trend, Nithin Kamath shared the data provided by India Data Hub. In his analysis he said that the female labour participation and per capita GDP follows a U-shape trend.

Also Read: Zerodha AMC to Jio Financial Services: New Mutual Fund players that MF investors should know

“The relationship between female labour participation and per capita GDP tends to be U-shaped. This is because at lower income levels, a large part of female employment (and the same holds for children) tends to be distress or need-driven As income levels rise, this distress employment reduces, and thus female labour participation declines. And then it rises as women enter the labour force again, not due to distress, but voluntarily," explains Nithin Kamath.

He supported his tweet with the graph images of GDP per capita of Indian states and FLFP% dip in 1990s and its subsequent improvement post 2018.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Check all the latest action on Budget 2024 here. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 26 Aug 2023, 11:31 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App