Indian Women's 40 Lakh Crore GDP Boost: A Key Step Needed as They Lag Men
Loading more articles...
Indian Women Can Add ₹40 Lakh Crore to GDP by Investing: Laxmi-EY Report
N
News18•06-03-2026, 10:09
Indian Women Can Add ₹40 Lakh Crore to GDP by Investing: Laxmi-EY Report
•Indian women could boost GDP by ₹40 lakh crore (USD 430 billion) over 10 years by increasing long-term financial investments.
•A Laxmi and EY report highlights this potential, emphasizing channeling untapped savings into productive, growth-oriented sectors.
•Despite significant progress in financial inclusion, 66% of women's savings are not directed towards systematic investments.
•Women's bank account ownership surged to 89% by 2024, but many accounts primarily serve for government transfers or cash withdrawals, not investments.
•Indian women have 40% less retirement wealth than men, a wider gap compared to OECD countries' 26%.
