How to Improve Women's Workforce Participation

October 17, 20192 Minutes Read
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With the changing attitudes of the society towards women working and making their own hard-earned money, there has certainly been an increase in the workforce participation of women. However, we still have a long way to go. Research shows that having more women in the workforce will improve the country's economy considerably. Although we have 43% of the total working women in regular wage and salaried positions by the year 2011-2012 (which is an increase from the 28.5% that existed in 1993-1994), we have still need to achieve a lot in terms of including more and more women into the workforce of India. The Glow & Lovely Careers (formerly known as Fair & Lovely Career Foundation) encourages more & more women to come forward and utilize their potential to become self-sufficient by providing them free online courses, career guidance, online mock tests and more.

Here are a few ways by which women’s workforce participation in our country can be improved:

Support from family

One of the biggest challenges that girls face with respect to getting higher education and going to work is the lack of support from family. Girls were most often married off very early and stopped from achieving the kind of education or profession they wanted. With the changing times, the mindset of Indian families is also changing and their support can make a huge difference.

Government schemes

The Indian government has devised numerous plans to achieve better workforce participation from women. Various schemes like STEP (Support to Training and Employment Programme for Women), MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act), MUDRA, etc have been made to support women who wish to work.

There are many girls in our country who do not get the opportunity to work owing to a lack of proper education. To make quality education more accessible many entities like the Glow & Lovely Careers provide online courses for free that interested women can take. The foundation also provides online certification courses in numerous subjects which can help them enter the profession they like.

How to improve women's workforce participation

Working women hostels

For those women staying away from homes for work, the government has come up with this scheme to promote the availability of safe and conveniently located accommodation for the working women. The accommodation will include daycare facilities for the children of these working women in the urban, semi-urban and even rural areas. Aspiring women professionals should make use of this.

Corporates supporting women

Corporate companies must alter their policies to enable more women to join the workplace. There are many women who leave their jobs at corporate companies due to certain unfavourable conditions. Although companies like Adobe, IndiGo, etc have made commendable changes, more of them should join.

Better support from the society will help more women make the right career choices and explore more career options.

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January 24, 20192 Minutes Read

How to Score High Marks in 12th Standard Accountancy Exam

Accountancy is basically a numerical based subject, but demands a combination of writing skills, conceptual answering and mathematical skills from a student. In the practical world, accountancy is the art of communicating financial information to shareholders and managers. Hence, you must have good command over ledgers, debiting and crediting balance sheets and even journal entities.

For Commerce students, the Accountancy paper is of prime importance as this is one subject where you can score with the right approach to study. Studying this subject well not only helps you to improve your overall score in the board exams, but also opens up wide career prospects including that of a CA (Chartered Accountant), CMA ( Certified Management Accountant), CPA (Certified Public Accountant), ACCA (Association of Chartered Certified Accountants), BBA (Bachelor of Business Administration) and more.

As mentioned earlier, although this subject is primarily numerical based, you can expect a number of theory-based questions and hence, focus must be directed at writing well also. Here are some important to bear in mind while preparing for the 12th standard Accountancy board exams:

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  1. You need to first understand the important topics that demand more focus while studying. These include Share Capital and Debenture, Pro-rata allotment of shares, Partnership Firms, Analysis of Financial Statements and Cash Flow Statements.
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  1. Understanding the concepts is the most important thing in Accountancy. Once you get a strong hold on them, then you have a smooth sailing thereafter. Refer to the very effective online course on Accountancy on the Glow & Lovely Careers (formerly known as Fair & Lovely Career Foundation) website to get absolute clarity on concepts.
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  1. Get a strong hold on basic topics in Accountancy like ledger posting and debit and credit balances.

    4.As and when you study keep highlighting the most important points and make notes of these. Write down all the formulae and definitions in a book, like that of assets, debts, liabilities, profit and loss, etc., so that it comes handy to brush through just before you enter the exam hall.

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  1. Follow the Pomodoro technique while studying every day. This technique involves studying for 25 minutes and then taking a break for 5 minutes. This is a time-tested theory which has been proven to be very effective in terms of giving you greater focus during the time of study.

    5.Practice online mock tests every single day. This point cannot be stressed enough. The more speed and accuracy you attain, the better marks you score. And these can be attained only by practicing online mock tests every day during preparation. Devote 2 hours of your day only for this.

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  1. Refer and solve board exam question papers on Accountancy from the last 10 years. By this, you will get a solid understanding of what you can expect.

    Rigorous preparation will always lead you to success in any exam. Make sure you keep the enthusiasm going and never stop until you reach the goal you wanted to reach.