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World Bank data shows that India's female labor force participation rate is relatively low at 19.2%, contributing 17% to the GDP. Achieving gender equality could potentially increase India's GDP by 27%. Industrialist Kumar Mangalam Birla highlights the importance of women's involvement in economic activities to boost India's growth.
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The Moneycontrol Policy Next summit on January 18 will explore what more can be done at the policy level to achieve the country’s vision of a ‘$10 trillion economy,’ with leading voices across fields putting forth their opinions.
Das was speaking at World Economic Forum Annual Meeting 2024 at Davos.
The new eSakshi app will provide an interface to capture the “entire MPLAD scheme cycle, providing convenience and accessibility like never before,” the ministry said. The initiative comes under the ministry's plan to make the MPLAD fund cycle more efficient. Last year, it launched new revised guidelines to help the members of parliament channel funds and recommend works per their constituency's needs and launched the SAKSHI portal to track progress under the scheme.