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Development led by corporates, not women

Development led by corporates, not women
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Development led by corporates, not women

  • The G20 Summit in Delhi adopted a Declaration, establishing a "working group on the empowerment of women."
  • Past "working groups" have shown limited implementation, raising questions about the efficacy of such initiatives.
  • The Declaration itself admits, “At the midway point to 2030, the global progress on SDGs is off-track with only 12% of the targets on track.”

Gender Equality

  • The Declaration emphasizes the importance of women's participation and commitment to addressing global challenges.
  • However, the term "women-led development" introduced by the Government of India lacks clarity in its meaning.

Critique of Development Models

  • Development models in democracies, especially in developed countries, have led to significant global, intra-country, and gender-based inequalities.
  • The core of these models relies on the "trickle-down theory," which privileges big business.
  • The G20 Declaration reaffirms the importance of private enterprise in driving sustainable economic transformations.
  • However, alignment of "women-led development" with the existing macro development model is questioned.

Women-led Development Schemes

  • Women-led development schemes conceal the reality of decreasing government investment in projects and schemes meant for women’s development.
  • The Gender Budget, meant to prioritise women's development, has seen a decrease in its total allocation and a skewed distribution between Part A and Part B.
    • Part A includes schemes which are 100% for women.
    • Part B includes all government schemes where at least one-third of the expenditure is supposedly for women.
  • In 2023-24, the expenditure in Part A was at its lowest at around 39% of the total, while Part B made up 61% of expenditure of the Gender Budget.

Economic Independence Challenges

  • Economic independence is crucial for women's development, but India has seen a decline in women's share in regular waged work.
  • According to an analysis of the Periodic Labour Force Survey (PLFS), the share of women in regular waged work fell in India, from 21.9% in 2018-2019 to 15.9% in 2022-2023.
  • Over 95% of women work in the unorganised sector, with no job and income insecurity.
  • Budgetary cuts in rural work projects negatively impact women, particularly in states where women constitute a significant portion of the workforce.
  • Women, especially Dalits and Adivasis, bear the brunt of economic policies favouring the richest 1%.

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