Women’s Entrepreneurship Day today
Published: 12:34 PM, 19 November 2020 Updated: 02:29 PM, 19 November 2020
Women’s Entrepreneurship Day, a day spearheaded by the Women’s Entrepreneurship Day Organization to celebrate and support women in business worldwide, has been observed on Thursday (November 19).
The day has been celebrated all over the world including Bangladesh with utmost importance. Various organizations including Women’s Entrepreneurship Day Organization have organized various socio-cultural programs to observe the day.
“Across the globe, women participate in paid economic activities less than men. The gender gap in labor force participation is around 14 percent in the median OECD country, 26 percent in the median middle-income country, and 13 percent in the median low-income country,” said Mirjana Spoljaric Egger, Assistant Administrator and Director of UNDP in Europe and CIS, in a statement on the occasion of the day.
“When women do participate, they often work in lower-paying jobs and sectors and have less access to social safety nets,” she said, adding: “This is worsened by the COVID-19 crisis, which has disproportionate economic and social consequences on women and girls because of financial exclusion, gender digital divide, a greater burden of unpaid care work, and other gender-based inequalities.”
“As a co-leader of the UN system’s socio-economic response, UNDP has prioritized gender-responsive social protection and women’s economic recovery in 46 countries, including through supporting women-led micro, small, and medium enterprises, digital solutions, and cooperative development,” said Mirjana Egger in the statement on UNDP website.
It is to be noted that UNDP, together with ILO, IOM, and UNESCO, is working with women informal workers, migrants, and women’s cooperatives and assisting through cash transfers, livelihoods support, and reskilling. UNDP is also mobilizing governments to enact gender-responsive policies, including those that support women entrepreneurs.