Two years ago, McKinsey reported that achieving gender parity in India by 2025 would have a greater economic impact than in any other region in the world.
The report, “The Power of Parity: Advancing Women’s Equality in India,” estimated that India could add a whopping $700 billion in added GDP in 2025 by, for example, raising women’s participation in India’s labor force by 10 percentage point by 2025. That would usher 68 million more women into the labor force.
The report suggests growing impact investing by tapping Indian-government-mandated corporate social responsibility funds, developing strong impact fund managers, collecting better data and building new platforms such as social stock exchanges.
Read the full article by Adrienne Day about investing in women on ImpactAlpha
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