On September 16, ORF America hosted a conversation with Smriti Zubin Irani, a notable Indian public figure who served as a Cabinet Minister from 2014 to 2024. During this time, she oversaw various portfolios including Women and Child Development; Education; Minority Affairs; Textiles; and Information and Broadcasting. She was the first woman to hold office as Cabinet Minister for Education and as Minister of Textiles.
The conversation revolved around the changing nature of politics in India, focusing on the role of women in India’s economy and society. How are more women integral to India’s political discourse today? How are women participating in India’s competitive democracy after the unanimous passage of the Women’s Reservation Bill in 2023, which required that the Lok Sabha reserve at least 33 percent of seats for women?
Many women working in informal sectors are not recognized for their economic contributions. The 15.5 million women-owned businesses in India generate significant employment, but their impact is often undercounted. Irani, however, mentioned that there is a growing recognition of women's importance in the workforce. Introducing financial inclusion initiatives, such as opening bank accounts for women, has led to significant economic benefits, with women generating 12% higher revenue than men.
Yet challenges remain. Access to technology needs to be more affordable and accessible, especially given language barriers in India, which sometimes make access to innovative payment methods and other technological tools challenging. While the number of women pursuing STEM degrees and PhDs has increased by 100 percent, there needs to be a greater focus on helping them monetize their education, as well as increasing women's leadership roles in academia and beyond.
Speaker:
Smriti Irani, former Indian Cabinet Minister for Education; Women & Child Development; Information and Broadcasting; Textiles; and Minority Affairs
Moderator: Dhruva Jaishankar, Executive Director, ORF America
