India’s G20 Presidency: A Chance to Spotlight Women-Led Development

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As India leads the G20 presidency, the country has a unique opportunity to highlight the important role that women play in driving economic development. According to reports, closing the gender gap in economic participation and opportunities could increase India’s GDP by 27% by 2025.

This year’s G20 summit, which is being held virtually due to the ongoing COVID-19 pandemic, presents a chance for India to showcase the initiatives and policies it has implemented to support and empower women in business. One such example is the “Stand-Up India” scheme, which provides loans and support to women entrepreneurs from marginalized communities to start their own ventures.

In addition to promoting women’s economic empowerment, India’s G20 presidency also presents an opportunity to address other gender-related issues such as reproductive health and gender-based violence. These issues not only have a direct impact on women’s well-being but also have wider economic consequences, as they can hinder women’s ability to fully participate in the workforce.

As India takes the lead at the G20, it is crucial that the country uses its platform to advocate for women’s rights and gender equality. By doing so, India can not only demonstrate its commitment to these issues but also set an example for other countries to follow.