SOCIO-ECONOMIC DISPARITIES PREVAILING IN INDIAN SOCIETY : AN EMPIRICAL ANALYSIS
Keywords:SOCIO-ECONOMIC, INDIAN SOCIETY, EMPIRICAL ANALYSIS, EQUALITY
In economics, we often talk of the discrimination which means denial of equality and human rights to women and the freedom to make decisions which affects their lives as well as results in widening disparities in the human capabilities and functioning associated between man and woman. From the view point of economics, gender discrimination severely limits expansion and utilisation of human capabilities in women and it has critical implications for economic growth. The inequality between men and women is one of the most crucial disparities in many societies, and this is more prominent particularly in India. The differences in the female and male literacy rates are one aspect of this broader phenomenon of the gender-based inequality in India. In most parts of the country, women tend in general to fare quite badly in relative terms compared with men, even within the same families. This is reflected not only in such matters as education and opportunity to develop talents, but also in the more elementary fields of nutrition, health as well as survival. India is amongst the fastest growing countries in the world today, with a GDP growth rate of more than 8 percent during the XI plan period. This high level of growth can, however, is sustained only when all the sections of the society, especially women become equal partners in the development process. It is well recognised that societies which discriminate by gender tend to experience less rapid economic growth and poverty reduction than societies which treat men and women more equally. Gender equality and empowerment would, thus, need to be core development goals for achieving inclusive growth and egalitarian society. Some deliberate policy steps are critical to achieve gender equality. Gender discrimination cannot be automatically corrected in the course of development. The institutions of economics, politics and law must be considered in terms of how they relate to each other and how they play out across the different spheres where gender discrimination occurs and gender assessments have to be undertaken continuously to reveal gaps and monitor progress towards gender equality.
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