Liberalization liberates women

Avinash believes economic liberalization is more effective than policy prescriptions in empowering women:

The growing participation of women in the workforce is already starkly visible in a host of industries that have flourished after the licence-raj was dismantled—outsourcing units, telecom, pharma, insurance and banking. Few of the women in these businesses are not fierce feminists—indeed, a BusinessWeek article once showed that they often come from conservative homes. Yet, the empowerment that flows from an earned income is both real and enduring and, over the long term, has a multiplier impact on women’s well-being. History has demonstrated that women’s rights have always been won on the altar of necessity.

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