In a recent report, International Labor Organization (ILO) finds frustrating numbers regarding women’s participation in business and banking. Women’s participation is inly 10 percent of the total business in the country, whereas only 2.8 percent of the business is owned by women, the study found. The study is titled ‘Making skills system gender equal’.
Some 26.6 percent women have deposit in the banks, and only 1.8 percent women have access to bank credit. Besides, women face more barriers than men in becoming entrepreneurs and starting their own business in the country, it revealed.
The ILO, in collaboration with the Directorate of Technical Education (DTE) of the Ministry of Education, conducted the study under Bangladesh Skills for Employment and Productivity (B-SEP) Project. It is an initiative of the government, funded by Canada and implemented by the ILO.
Technical and vocational education and training (TVET) has higher return in job arenas, and women showed more participation in such education, the study concealed.
The report made some recommendations that included – gender-focused social marketing and recruitment policy, motivational measures, gender planning and budgeting, and capacity building to meet competency standards.
Under the B-SEP project, 950 women have been trained on skills like carpentry, furniture making, automobile mechanics, electronics and electrical trades, tour guiding, baking and food processing.
Its target is to expand the participation of women in work arena, and help them explore various non-traditional job possibilities to realise their dreams.