An Analysis On Wage Gap In Rural India

Abstract

Gender Equality through reducing wage gap ensures more economic development. Involving more women in the economic process is a good sign for an Economy. Inclusive Growth Strategy will be of less significance without curbing problems like Gender Wage Gap. As an agriculture dependent economy, workers of Rural India should have been provided more equitable wage irrespective of gender. Wage disparity works as a disincentive to participate in economic activities. So, it is very much important to find out the explained and unexplained factors behind such discrepancies and address the loopholes.  

At the global level, the Sustainable Development Goals (SDGs) include a goal on inequality. The tenth SDG focuses on reducing inequality both within and between countries. According to Target 1 of Goal 10, it is promising to achieve and sustain income growth for the bottom 40% of the population at a rate greater than the national average by 2030. Target 2 aims to accomplish something far more difficult issues like Empowering and promoting the inclusion of all in society by 2030, regardless of age, gender, disability, race, ethnicity, origin, religion, or economic status.

Inequalities in the labour market are common all over the world. The labour market will be impacted by the majority of social and economic inequalities. While some issues of inequality are solely related to labour market structures, procedures, mechanisms, and outcomes, others are influenced by labour institutions and labour market forces (Dev, 2018).

The Gender Gap Report (WEF 2016) demonstrates that while several nations have significantly reduced gender disparities, no nation has completely eradicated gender disparity. The report notes that after faring substantially better in 2013, the economic gender gap in several nations has reverted to where it was in 2008.  The reverse trend represents the fact that the economic participation gap between men and women won't close for another 170 years, and many working women continue to work in informal employment situations (ILO 2016). Though women have virtually acquire as much schooling as men do in OECD nations, they are still underrepresented in several crucial academic subjects including science, technology, engineering, and mathematics (OECD 2014). In a study of 173 nations, the World Bank (2016) found that 155 of them, or 90%, have at least one legal restriction that prevents women from participating fully in economic activity.