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Contribution of women to GDP is only 18%: Expert
TNN | Mar 9, 2020, 04:03 IST (/articleshowprint/74543199.cms)
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Trichy: India must be much closer to the $5 trillion economy if only ‘homemaking’ is considered for GDP calculation, said Jahanzeb Akhtar, principal commissioner of income tax, Chennai, on Sunday.
She was one of the chief guests for the talk on the role of women in making India a $5 trillion economy organised by Indian Institute of Management (IIM) Trichy.
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Raising concern over dropping of female labour force participation, she said contribution of women to India’s GDP is at a mere 18%. She asked the audience to ponder over the fact that the ‘care economy’ is where women are largely engaged in our country.
Jahanzeb Akhtar urged the women students to value their feminine qualities and how they could indirectly help deal with issues of tax evasion and tax avoidance given women have characteristics that make them think of family and community and hence be less corrupt.
Quoting examples of many women workers who pioneered their fields, vice chancellor, Tamil Nadu National Law University, Trichy V S Elizabeth urged society to take care of women who belong to all strata of society and want to contribute to the economy.
She said the world should end violence against women and insisted that it was high time that people started looking at the world through eyes of women. Station director Natarajan said all India Radio Trichy recalled all the sacrifices and hardships his mother went through and valued the deeds the women do to make a family stand tall.
IIM Trichy director Bhimaraya Metri motivated the female students in the gathering to take up leadership positions in the corporate world with examples of Indira Nooyi and Kiran Mazumdar Shaw.
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