'Higher marriage age provides women socio-economic benefits'
Further, increase in marriage age will push the mean marriage age higher and will lead to more females doing graduation and hence improving the abysmal female labour force participation ratio," the report said
Higher marriage age is expected to provide enormous socio-economic benefits for women, SBI Ecowrap report said on Thursday. The report comes after Prime Minister Narendra Modi announced that the government will soon take a decision on the minimum marriage age of women and it was recently reiterated signalling a possibility of the legal age of marriage for women to be raised from 18 years soon. "We believe that increase in marriage age has enormous benefits on social and economic fronts for women," the report said.
On social front, the report said that this will lead to social benefits like lowering Maternal Mortality Ratio (MMR) as well as improvement of nutrition levels while on financial front, opportunities will be opened up for women to pursue higher education and careers and become financially empowered, "thus resulting in a more egalitarian society in thinking".
"We believe increasing the legal age has the potential to reduce India's MMR significantly from 113 (2018). Further, increase in marriage age will push the mean marriage age higher and will lead to more females doing graduation and hence improving the abysmal female labour force participation ratio," the report said.
"As per our estimates, the percentage of females doing graduation will increase by at least 5-7 percentage points from the current level of 9.8 per cent."
Keep scrolling to read more news
Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
Sign up for all the latest news, top galleries and trending videos from Mid-day.comSubscribe