A global alliance to bridge the gender equity gap

Last Updated14/02/2024

India's development journey prioritises equality and inclusion, as demonstrated by the New Delhi Leaders' Declaration at the G-20 summit under India's presidency.
The declaration focuses on areas such as socio-economic empowerment, bridging the digital divide, climate action, and food security, advocating for women-led development.

The Indian government has long emphasised mainstreaming gender equality.
Initiatives like the Women's Reservation Bill, allocating funds under the gender budget illustrate this commitment.
- The government allocated nearly $27 billion under the gender budget in 2023-24.

India has seen improvements in female labour force participation and enrollment in higher education, particularly in STEM fields.
- As per the Periodic Labour Force Surveys, there has been an increase in India’s female labour force participation rate, from 23.3% in 2017-18 to 37% in 2022-23.
- Female enrolment in higher education has gone up by 28% in the last 10 years.
- In terms of enrolment in STEM courses, the share of women is a significant 43%, one of the highest enrolment rates in the world.
Within rural India, there is a participation of over nine crore women in 83 lakh self-help groups, improving the socio-economic conditions in rural areas.

Global leaders are acknowledging India's success stories, leading to meaningful collaborations and platforms like the We-Lead Lounge.
- We-Lead Lounge was set up by the Ministry of Women and Child Development and the Confederation of Indian Industry at Davos.
The Alliance for Global Good, supported by various stakeholders including the World Economic Forum, aims to drive inclusive development globally.

India launched the “Alliance for Global Good - Gender Equity and Equality” at the World Economic Forum in January, this year to accelerate socio-economic causes globally.
The Alliance seeks to develop practical solutions in areas such as education, healthcare, skill development, agrotech, and enterprise development.
It aims to leverage India's expertise and leadership to address global gender disparities.
It presents an opportunity for industries worldwide to
- Learn from India's practices
- Invest in proven initiatives and enable them reach scale
- Collaborate to make inclusion a fundamental aspect of business conversations.
The Alliance aims to be a significant player in addressing gender-related issues globally, resonating with principles like "Vasudhaiva Kutumbakam" and "Sabka Saath, Sabka Prayaas, Sabka Vikaas".