The recent years have seen a significant increase in the narrative surrounding women’s empowerment in the workforce, especially within the context of India’s dynamic economic landscape. As India gets ready for its budget, an important aspect to consider is how technology, especially Artificial Intelligence (AI), can be leveraged to enhance women’s participation in various sectors. This blog explores how women’s participation in the workforce and technological advances are intertwined. It puts the focus on AI, as it stands to potentially accelerate inclusivity and growth.
Current Situation of Women in the Labor Force
Women in India are facing various issues despite progress toward gender equality. India’s female labor force participation rate remains low at 27%, the World Economic Forum states. The percentage is lower than that in many developed nations, where it exceeds 50%. This could be attributed to factors such as societal norms, safety concerns, and limited access to education and resources.
AI: A Catalyst for Change
AI has become a tool that can address some of these challenges. For instance, AI can help women to focus on higher-skilled roles that require creativity and critical thinking, rather than being tied up in routine tasks. For example, in agriculture, AI-driven tools can help women farmers optimize their yield, hence achieving greater financial independence. In addition, AI can provide remote work opportunities, hence giving women flexible job options that accommodate family responsibilities.
Real-Life Examples
Consider ‘SheWorks,’ a platform that connects women to remote job opportunities in tech and marketing. Using AI algorithms, SheWorks matches women with jobs that fit their skills and preferences, significantly improving their chances of re-entering the workforce. Another example is ‘Nirmaan,’ an AI-based initiative focused on empowering women in rural India through digital literacy programs. Such programs also equip women with the skills required, as well as instill confidence and independence in them.
Actionable Insights for Policy Makers
Preparing for India’s budget session is crucial at a time when policy thinkers are beginning to discuss integrating AI and technology with efforts towards boosting the women’s workforce participation numbers. Such AI-based training schemes would enhance women’s capability and competencies at modern workplace conditions, and even better access the workplace in cyberspace without having any sort of safety or harassment.
The Role of Corporates
The corporates also have an important role in this transformation. Companies can design AI-driven diversity and inclusion programs which not only recruit but also retain women in their organizations. Organizations through AI analytics are able to trace the biases prevailing in the recruitment processes and are then able to formulate strategies in order to develop an inclusive work environment.
Conclusion
Empowering women in the workforce is not just a societal imperative but an economic imperative. As India approaches its budget 2024, embracing AI and technology can be a game changer in allowing women into the workforce. By harnessing the potential of AI, we can pave the way for a more inclusive and equitable society where women can thrive and contribute significantly to India’s economic growth.
