"I recently met with my husband with the new prime minister of India, Prime Minister Modi. He is very focused on basics like sanitation. Girls, as they get older, cannot go to school if there is no sanitation. Women can't get very far from home because there is no toilet," Hillary said yesterday.
She referred to a recent study about people working in markets in Indonesia where 90 per cent of them are women.
Hilary said if more women could get to participate fully and get paid equal pay for equal work, the US economy as well as the economies across the world will recover at a faster rate.
"The GDP projections that have been calculated, if we could get women's labour force participation to equal men's, are really staggering. You know, in developed countries, it can be 8, 9, 10 per cent of an increase in GDP over the next 15 to 20 years. In less developed countries, it could be 30 to 40 per cent," she said.
"We need more entrepreneurship. We need to encourage more young people to start businesses. We need more seed capital. We need more crowd funding. We need more access. We need more mentoring and teaching about business plans and how you deal with the economy and the stresses that you will face," she said.
Hillary and her husband Bill Clinton, former US President, met Modi in New York last month when the Indian Prime Minister visited the US to attend the annual session of the UN General Assembly.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
