India is among the most important countries when it comes to the global economic growth and structural transformation story. A commensurate improvement in its labour market outcomes and a fair distribution of the fruits of economic progress will spur further economic growth and the benefits it brings. But, unsurprisingly, in a country the size and diversity of India, asymmetries still abound in the country’s labour market.
Impact of the pandemic
Yesterday was the Third International Equal Pay Day 2022 — the day falls on September 18 — and it is time to pause and reflect on the extent of progress made towards closing the gender pay gap and reaffirming our collective commitment to the effective and accelerated realisation of the principle ‘equal pay for work of equal value’. This ‘becomes all the more important in the present context’, given the disproportionate effect of the COVID-19 pandemic on women workers in terms of job and income losses. Full and productive economic growth requires a human-centred recovery from the pandemic, which will be made possible by improving women’s employment outcomes and reducing the gender pay gap.
