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Proposals for women in Budget 2021 to boost gender diversity: Experts
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Diversity and inclusion (D&I) experts believe that the proposals in the Union Budget 2021-22 to let women work in all sector and also in the night shifts have a huge potential to boost gender diversity in workplaces.
Finance Minister Nirmala Sitharaman in her Budget speech on February 1 had announced that women would be allowed to work in all sectors and in night shifts, with adequate safety measures.
She had also announced the proposal to set up seven textile parks. Textile industry is a major source of employment for women in India.
Avtar Group ANI | Updated: Feb 02, 2021 12:59 IST
Chennai (Tamil Nadu) [India] February 2 (ANI/BusinessWire India): On the occasion of the Union Budget 2021 having been presented in the parliament by Nirmala Sitaraman, Minister of Finance, Government of India, and the announcement that women will be allowed to work all shifts, there is a lot of speculation about how this will impact women s representation. Budget 2021 has immense potential to increase the employment of women. With the creation of two vaccines which, will ensure a return to normal economic activity, the schemes announced are well thought through and appear inclusive especially when the IMF has predicted double-digit growth for India, said Dr Saundarya Rajesh, Founder- President, Avtar Group, a social enterprise working to increase women s workforce participation and gender diversity across the country.
Budget gives push for women’s participation in the workforce
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“Coming close on the heels of vaccine roll out which will ensure a quick return to normal economic activity, as also combined with the greater acceptance of Work from Home, I anticipate a lessening of stress on employers when it comes to employing women,” said Saundarya Rajesh, founder-director of diversity and inclusion consulting firm AVTAR Group.
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Finance Minister Nirmala Sitharaman on Monday announced that women will be allowed to work in all categories and also in the night shifts with adequate protection.
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The 2021 Budget will help enhance women’s workforce participation as the allowance to work all shifts will encourage companies across several sectors to hire more women, said job market experts.
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