Budgetary allocation through a gender lens
3 months, 3 weeks ago

Budgetary allocation through a gender lens

Hindustan Times  

In the presentation of the Union Budget, 2024, finance minister, Nirmala Sitharaman, announced that one of the government’s priorities will be employment and skilling, with a particular focus on higher participation of women in the workforce. Schemes for women’s safety and empowerment under Mission Shakti, such as Beti Bachao Beti Padhao, Sakhi Niwas, Palna, Pradhan Mantri Matru Vandana Yojana and National Hub for Women Empowerment/Gender Budgeting/Research/Skilling/Training/Media Advocacy have been allocated RS 3,145 crore. In fact, as per Nirmala Sitharaman, the budget signals the government’s objective of enhancing women’s role in the country’s economic development. As per the World Economic Forum’s Global Gender Gap Index 2023 Edition, India ranks 127 out of 146 countries and has achieved a dismal 36.7% parity on the Economic Participation and Opportunity index. A vast amount of sociological literature highlights that women tend to leave the workforce in large numbers to perform unpaid care roles, particularly after childbirth - a requirement strongly reinforced by societal gender norms.

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History of this topic

India struggles with limited effectiveness of its gender responsive budgeting: UN Report
1 month ago

India struggles with limited effectiveness of its gender responsive budgeting: UN Report

New Indian Express  

BANGKOK: India struggles with limited effectiveness of its Gender Responsive Budgeting due to the exclusion of key programmes that benefit women and lack of sex-disaggregated data, said a new report. The report which analysed how countries in the region are placed compared to the Sustainability Development Goals adopted in Beijing 30 years back noted the adoption of gender-responsive budgeting by …

Budget 2024–25: Empowering women, advancing social justice
4 months, 1 week ago

Budget 2024–25: Empowering women, advancing social justice

Hindustan Times  

The Union Budget 2024–25 epitomises the government’s commitment to balancing high capital expenditures with robust welfare spending. The budget marks a significant stride in promoting socio-economic development, with a strong focus on women's empowerment and social justice. The ministry of women and child development's budget has increased by 3%, from ₹25,449 crore in FY 23–24 to ₹26,092 crore in FY …

A budget boost for more women at work
4 months, 2 weeks ago

A budget boost for more women at work

New Indian Express  

The Union Budget for 2024-25 has allocated more than Rs 3 lakh crore for schemes benefitting women and girls. The latest Periodic Labour Force Survey reported the participation rate of women in the workforce was at 35.9 percent in 2022-23, while that of men was 76 percent—a gap of over 40 percentage points. Though women’s participation has increased 13.9 percentage …

Budget 2024 is a Step Forward for Women's Development
4 months, 3 weeks ago

Budget 2024 is a Step Forward for Women's Development

The Quint  

Targeted interventions are necessary to address the unique needs of these regions. The government could implement pilot projects in areas with high levels of gender inequality to develop best practices that can be scaled up. Cultural and societal norms often pose significant barriers to progress in gender equality initiatives. Community engagement initiatives, including workshops and campaigns, should be designed to …

Budget 2024 for Women: ₹3 lakh crore for schemes benefiting women and girls
5 months ago

Budget 2024 for Women: ₹3 lakh crore for schemes benefiting women and girls

The Hindu  

The first Union budget of the Modi 3.0 government saw a concerted effort at women-led development, with the Finance Minister announcing more than ₹3 lakh crore for schemes benefiting women and girls, and promised a look at further lowering duties for properties purchased by women. The allocations for schemes coming under the Women and Child Development Ministry, including ‘Samarthya’, ‘Swadhar …

What's in Budget 2024 for students, women and professionals | A quick guide
5 months ago

What's in Budget 2024 for students, women and professionals | A quick guide

India Today  

Budget 2024-25, presented by Finance Minister Nirmala Sitharaman on Tuesday, has something for almost everyone. LOANS UP TO RS 10 LAKH FOR STUDENTS To assist students who have not been benefitted under any government initiatives, Budget 2024 has provision for financial support for loans of up to Rs 10 lakh. For promoting women-led development, the Budget carries an allocation of …

Hostel initiative, Rs 3 lakh crore for girl-centric schemes, and more: How Budget 2024 provides a boost to women
5 months ago

Hostel initiative, Rs 3 lakh crore for girl-centric schemes, and more: How Budget 2024 provides a boost to women

Firstpost  

Finance Minister Nirmala Sitharaman’s seventh straight budget, announced on Tuesday, focused on four areas: the poor, women, youth and farmers. To promote women’s participation in the workforce, the finance minister said the Centre would also set up working women hostels and crèches Union Finance Minister Nirmala Sitharaman presents the Union Budget 2024-25 in Lok Sabha, in New Delhi, Tuesday, July …

Budget 2024: Hostels, skilling among initiatives for women in workforce
5 months ago

Budget 2024: Hostels, skilling among initiatives for women in workforce

Business Standard  

Media reports had earlier said that several companies like Foxconn were constructing such hostels for women at their facilities in Tamil Nadu. In addition, the partnership will seek to organise women-specific skilling programmes and promote market access for women SHG enterprises," she said. In the Economic Survey tabled on Monday, Chief Economic Advisor V Anantha Nageswaran said that India was …

Kerala will conduct gender audit and ensure equal pay for women, says CM Pinarayi Vijayan
10 months ago

Kerala will conduct gender audit and ensure equal pay for women, says CM Pinarayi Vijayan

New Indian Express  

As per the National Survey on Higher Education, the state has the highest participation of women in the higher education sector, he said, adding to his point about how it must also translate to more women joining the formal workforce. Kerala was also the first to implement gender budgeting for women in 1997 in local government bodies, the chief minister …

Union Budget 2023: How Centre seeks to empower women
1 year, 10 months ago

Union Budget 2023: How Centre seeks to empower women

Firstpost  

This year’s budget has made a convincing attempt to strengthen the financial independence and to facilitate the economic empowerment of women by providing them with greater resources and access. But, how will it actually impact women, still remains to be seen The Finance Minister, Nirmala Sitharaman, today presented the last full-fledged budget under the BJP government ahead of the Lok …

Budget 2023: 5 things women want from Finance Minister Nirmala Sitharaman
1 year, 10 months ago

Budget 2023: 5 things women want from Finance Minister Nirmala Sitharaman

India TV News  

Only 18% of India's GDP is owned by women. BUDGET 2023: FULL COVERAGE We are still dealing with the effects of the pandemic, and the Union Budget 2023 would be a great opportunity for the Finance Minister to focus on women's empowerment by providing them with adequate growth opportunities that could help close the gender gap in the economy. Women …

What Women Want from Budget 2021: Balanced Resource Allocation, Focus on Care Economy
3 years, 10 months ago

What Women Want from Budget 2021: Balanced Resource Allocation, Focus on Care Economy

News 18  

India has been conducting gender-responsive budgeting as a part of its Union Budget since 2005-06. Currently, approximately five percent of India’s total Union Budget is spent on women’s targeted schemes – a figure which amounts to less than a per cent of the GDP. Increase Gender Budget, diversify allocation Mitali Nikore, Founder of Nikore Associates, a youth-led economics research and …

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