We agree with PM Modi’s assertion in his Independence Day speech over the weekend that boosting female participation in the labour force could have a major positive impact on the economy, but in truth the government’s record in this area is poor. Looking ahead, there are still reasons to think that female employment will rise over the coming years but we aren’t convinced that it will be transformational. In view of the wider interest, we are also sending this India Economics Updateto clients of our Long Run Service. Asia Drop-In (25th Aug.): What’s the economic impact of a weak yen? What does the latest China-Taiwan flare-up mean for decoupling? How ugly are conditions in China’s real estate sector? Join economists from across our Asia services for this regular briefing on the region’s big investment stories. Register now.
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