The Madras Management Association organised the annual `MMA Women Managers’ Convention 2019 here on 16th March 2019 under the theme ‘Reflections’. The event was spread over three sessions – inaugural session, special session and valedictory session. At the inaugural session, Ms. Suparna Biswas, Partner, McKinsey and Co., presented her views on women participation in work force in her Keynote address. She also highlighted about the gender equality in society and the top 3 barriers in workplace culture and policies. Sharing her reflections on the basis of recently conducted research by McKinsey on power of parity, Ms. Biswas said the participation of women in work force was not only a social obligation but would also increase their contribution to the GDP. About 97 per cent of women in India are working in informal sector by getting low pay.
A move to organized sector in the areas of managerial, technical and other related top management positions would facilitate a hike in GDP as here in India there are no structural barriers, she said. Ms. Biswas expressed that there was a need to balance gender parity in work as well as in society. During the first session, Group Capt. Vijayakumar and Executive Director of MMA and Editor of MMA in-house Magazine released the special magazine at the Convention and presented the first copy to participants. Ms. Usha Narayanan released her eighth book ‘Awaken the Durga Within’ and spoke about challenges of women in workforce and in holding responsibility in unpaid domestic work.Delivering her speech in the Special session, Ms. Uma Rao, Vice President, Ashok Leyland, said globally we are losing $12 trillion by not involving women in the work force.
The labour participation by women In India was 28.5 per cent. By increasing 10 per cent of women participation, India can add $700 billion to GDP by 2025. Ms. Meera Harish, former Vice President, Titan/Tata group, in her speech in the Special session said that though world had started celebrating Women’s day 150 years back, there was only little growth in women participation in work force in all fields.