Economic growth should be one of the vital and positive forces for the whole planet. Keeping in view the long-lasting impact of the 2008-2009 financial crisis, one should ensure that financial advancement makes respectable and satisfying positions while not hindering the climate. Moreover, the protection of labor rights and the end of modern slavery and child labor has to end.
Over the past 25 years, there has been a dramatic decline in extreme poverty. However, as the worldwide economy keeps on recovering, we see slower development, broadening imbalances, and employment that isn't extending sufficiently to keep up with the developing workforce. As indicated by the International Labor Organization, more than 204 million individuals were jobless in 2015. Job creation needs to be encouraged with extended admittance and everyone should get the advantage of entrepreneurship and innovation.
An expected 172 million individuals overall were without work in 2018. Because of an extending workforce, the number of unemployed people is projected to increase by one million consistently and arrive at 174 million by 2020. Women's participation in the laborforce remained at 48.5% in 2018, contrasted with 75% for men. Around 3 of every 5 of the 3.5 billion individuals in the workforce in 2018 were men.
The advancement of Sustainable Development Goals sustains financial development and technological expansion. Empowering business and job creation are vital to this, as are viable measures to eradicate constrained work, servitude, and human exploitation. In light of these objectives, the goal is to accomplish full and productive employment and fair labour for all women and men by 2030.
We at Enactus JMI, in our ongoing projects - Project Shrimati and Project Irtiqa, are working on filling these gaps through the empowerment and upliftment of the unprivileged:
Project Shrimati, through the production of environment-friendly pads, seeks to assist in uplifting the downtrodden women. Shrimati strives to deliver economic support to our community of women and provide them with decent work, hence helping in the economic growth of society.
Through Project Irtiqa, we aim to fulfil the social and economic needs of our community by empowering our local woodworkers to employ their premium skills in fabricating an exotic range of home decor products by endorsing and contributing sustainability to the National Bamboo Mission and the United Nation's goals of sustainable development while tackling with climate change.
Project Irtiqa allows the local woodworkers to showcase their skills more sustainably, giving them a source of income and decent work. Our project aims to create a substitute for the depleting source of business for the local community of woodworkers by introducing them to the art of bamboo handicrafts. Through this, we provide the woodworkers with a sustainable business model. Further, exposing them to a larger digital market familiarizes them with modern technological advancement along with the acquainting them with new areas of marketing and business.
Ensuring a safe and secure working environment and labour rights for all, including migrant workers, particularly women, should be on our top priority to advance sustained, comprehensive and sustainable economic growth.