Join The Fun At Stake: India’s Best Site For Big Rewards

Join The Fun At Stake: India’s Best Site For Big Rewards

Join The Fun At Stake: India’s Best Site For Big Rewards – The Pioneer Day program started with President Mekala’s opening address. Then the whole team went down to the basketball court, where the ice cubes were lined up. Residents are invited to walk on the ice, where they get a glimpse of the early pioneers. Most group members walked several times expressing their appreciation and gratitude to the pioneers.

Mission Presidency Counselor, one of the Hyderabad pioneers, shared a speech. In his speech, he said that his uncle, Edva Dharmaraju, was baptized in Samoa and then returned to Hyderabad to order him to beg from the church. This speech explained to the members how the Lord established His church in Hyderabad.

Join The Fun At Stake: India’s Best Site For Big Rewards

Join The Fun At Stake: India's Best Site For Big Rewards

The returned missionaries then formed a choir singing “Elders of Israel” and “Called to Serve.” Most returned missionaries say they felt the Holy Spirit. Some even shed tears as they shared their feelings, as it brought back fond memories of their mission. Then they sang “High Up” and “May the Family Be Together” with a chorus of all the donors. All members are inspired by these songs.

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Later, every convert, every returning missionary, and all returning members of the temple were invited by Matta’s early pioneer spirit, as they were all pioneers in their families. With such an invitation, the program was completed in a grand atmosphere. Featured FundPro Investments Mutual Fund Invest Now Featured Fund by Aditya Birla Sun Life★★★★ ★ Canara Robeco Equity Hybrid Fund Direct-Growth5Y Return11.92% Invest Now Featured Fund★★★ ★★ ICICI Prudential Midcap Fund-Growth5Y Return.9% Now

According to data collected by the World Bank, between 2010 and 2020, the number of women working in India has dropped from 26 percent to 19 percent. As the transition progresses, the outlook looks grim: Economists in Mumbai predict female employment will drop to 9% by 2022.

Closing the employment gap of up to 58 percentage points between men and women could expand India’s GDP by nearly a third by 2050. That equates to about $6 trillion in constant dollars, according to a recent analysis by Bloomberg Economics.

Sanchuri Bhunia had been resisting her parents’ insistence on settling down for years. She wants to travel and earn money – not be a housewife.

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So, in 2019, Bhunia moved away from her remote village in eastern India. She traveled hundreds of miles south by train to the city of Bangalore, where she found a job paying $120 a month in a garment factory. The job gave him freedom. “I ran,” she said. “It was the only way I could go.”

With the advent of Covid-19, this life of financial freedom came to an abrupt end. In 2020, Prime Minister Narendra Modi announced a nationwide lockdown to contain the infection, closing almost all businesses. Within weeks, more than 100 million Indians lost their jobs, including Bhunias, who were forced to return to their villages and could no longer find steady employers.

As the world emerges from the pandemic, economists warn of a worrying data point: Failure to restore women’s jobs – where women are less likely than men to return to work – could cause global growth to fall by trillions of dollars. The forecast is particularly bleak for developing countries like India, where female labor force participation has fallen sharply and is now in the same league as war-torn Yemen.

Join The Fun At Stake: India's Best Site For Big Rewards

This week’s episode of The Pay Check Podcast looks at how the coronavirus is accelerating an already worrying trend in the world’s second most populous country. According to data collected by the World Bank, between 2010 and 2020, the number of women working in India has dropped from 26 percent to 19 percent. As the transition progresses, the outlook looks grim: Economists in Mumbai predict female employment will drop to 9% by 2022.

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“In India, female labor force participation has declined dramatically and is now in the same league as war-torn Yemen.”

This is devastating news for the Indian economy, which was slowing down before the pandemic. Modi has prioritized job creation, urging the country to strive for a golden age of development. But her government has made little progress in improving prospects for working women. This is especially true in rural areas, where more than two-thirds of India’s 1.3 billion people live, where stereotypes prevail and jobs have been lost over the years. Despite the country’s rapid economic expansion, women struggle to make the transition to work in urban centers.

Closing the employment gap of up to 58 percentage points between men and women could expand India’s GDP by nearly a third by 2050. That equates to about $6 trillion in constant dollars, according to a recent analysis by Bloomberg Economics. Inaction can undermine a country’s efforts to become a competitive producer in the world market. Although women make up 48 percent of the population in India, they contribute only 17 percent of GDP compared to 40 percent in China.

India is an extreme example of a global phenomenon. Globally, women are more likely than men to lose their jobs during a pandemic, and they are also slower to recover. According to Bloomberg Economics, policy changes that address gender inequality and increase the number of women in the workforce — for example, improving access to education, childcare or flexible work arrangements — could help add an estimated $20 trillion to global GDP by 2050.

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For workers like 23-year-old Bhunia, the epidemic has taken a serious toll. After losing her job, she struggled to get food in Bangalore and eventually returned to Patrapali, a remote village in Odisha state. Bhunia thought she would not get another chance to leave. She no longer has a steady income, but her family fears for her safety as a single woman living in a remote town.

“My mother will curse me if I run away again,” Bhunia said. “Now, there is nothing. My account is empty and there are almost no jobs in the village.”

The story resonates in India. Rosa Abraham, an economics professor at Bengaluru’s Azim Premji University, has tracked more than 20,000 people in the labor force during the pandemic. He found that women were several times more likely than men to be unemployed after the first lockdown and were much less likely to return to work after the restrictions were lifted.

Join The Fun At Stake: India's Best Site For Big Rewards

Increasing housework, a lack of childcare options after school closes, and an increase in marriage – which generally limits women’s autonomy in India – help explain the difference in outcomes.

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“When people face a big financial shock like this, they have backup options,” Abraham said. “They can navigate a variety of jobs. But there’s no such fallback option for women. They can’t negotiate the labor market as effectively as men.”

The dream of a freelance or high-paying office job, she calls “hardship-led employment,” has been replaced by essentially unpaid work on the family farm or caring for the family. Before the pandemic, women in India already performed about 10 times more nursing jobs than men, and about three times the global average.

“Unfortunately, work decisions are often not in women’s hands,” Abraham said.

Part of the decline in labor force participation is related to culture. As Indians grew wealthier, families who could afford to keep women at home did so, arguing that it conferred social status. At the other extreme, those at the bottom of society are still seen as potential sources of income. But they are often in casual or unpaid work far from the formal economy. Their labor is not counted in government statistics.

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In some villages, patriarchal values ​​persist and girls are stigmatized. Although illegal, sex-selective abortion is still common. Akhina Hansraj, senior program manager at Akhara Center, a Mumbai-based gender equality advocacy group, said Indian men often “think it’s not very manly if their wives contribute to the family income”.

“They want to build this dependency,” Hansraj said. “There is a perception that if women get an education, they can work and become financially independent, but they cannot obey and respect the family.”

Marriage is a sticking point in India, where many marriages are still arranged. After the first lockdown in 2020, major matrimonial sites in the country have reported an increase in new registrations. In some states, marriages between children and youth – many of them against Indian law – have risen by up to 80%, according to government statistics.

Join The Fun At Stake: India's Best Site For Big Rewards

Madhu Sharma, a Hindi teacher at Pardada Pardadi Educational Society, a girls’ school in the northern city of Anupshahar, said three child marriages take place a year. During the pandemic, when campuses were closed, the numbers tripled or quadrupled.

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“Before Covid, the kids were always in touch with their teachers and me,” she said. “After covid, when children have to stay at home, staying in touch with them is a big challenge.”

Financial considerations often tip the scales in favor of marriage. Warnings about social distancing and bans on large gatherings mean parents can hold smaller, less expensive celebrations at home.

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