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<keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword>'s rank on the <keyword id="20020435" type="General" weightage="20" keywordseo="World-Economic-Forum" source="keywords">World Economic Forum</keyword>'s <keyword id="21747126" type="General" weightage="20" keywordseo="Travel-Tourism-Development-Index-2024" source="Orion">Travel &amp; Tourism Development Index 2024</keyword> has risen to 39th place, with global tourism activities returning to pre-pandemic levels, the annual report showed on Tuesday. While the US topped the list, India is ranked highest in South Asia and among the lower-middle-income economies, the <keyword id="102110" type="General" weightage="20" keywordseo="WEF" source="Orion">WEF</keyword> said. India was ranked 54th in the previously published index in 2021, though changes made to the index parameters limit its comparability to earlier years. After the US, Spain, Japan, France and Australia figure among the top five in the 2024 list. The index, prepared in collaboration with the University of Surrey, showed India is highly price-competitive (18th) and boasts competitive Air Transport (26th) and Ground and Port (25th) infrastructure. In particular, India's strong Natural (6th), Cultural (9th) and Non-Leisure (9th) Resources help drive travel, and the country is only one of three to score in the top 10 for all the resource pillars, the WEF said. Moreover, despite a decline compared to 2019, the country still scores well for <keyword id="2173225" type="General" weightage="20" keywordseo="travel-and-tourism" source="Orion">travel and tourism</keyword> demand sustainability, especially thanks to more sustainable long stays among inbound visitors. It further said that as with many economies, travel and tourism enabling conditions in India have been impacted by global inflationary supply-side trends for the sector, with price competitiveness declining, while air transport and tourist services infrastructure are yet to recover to the 2019 level. As a result, the country's overall TTDI (Travel and Tourism Development Index) score is 2.1 per cent below its 2019 level. High-income economies in Europe and Asia-Pacific continued to lead the index. "International tourist arrivals and the travel and tourism sector's contribution to global GDP are expected to return to pre-pandemic levels this year, driven by the lifting of COVID-19-related travel restrictions and strong pent-up demand," the WEF said. The Middle East had the highest recovery rates in international tourist arrivals (20 per cent above the 2019 level), while Europe, Africa and the Americas all showed a strong recovery of around 90 per cent in 2023. The biennial index analysed the travel and tourism sectors of 119 countries around a range of factors and policies. Germany was ranked 6th, followed by the UK, China, Italy and Switzerland in the top ten. The results highlighted that high-income economies generally continue to have more favourable conditions for travel and tourism development. This was helped by conducive business environments, dynamic labour markets, open travel policies, strong transport and tourism infrastructure, and well-developed natural, cultural and non-leisure attractions.

India rises to rank 39th on WEF's Travel & Tourism Development Index 2024, becomes highest ranked South Asian nation

New York [US], May 21 (ANI): International tourist arrivals and the <keyword id="2173225" type="General" weightage="100" keywordseo="travel-and-tourism" source="Orion">travel and tourism</keyword> sector's contribution to <keyword id="572312" type="General" weightage="20" keywordseo="global-GDP" source="Orion">global GDP</keyword> are expected to return to pre-pandemic levels this year, driven by the complete lifting of COVID-19-related <keyword id="19916662" type="General" weightage="20" keywordseo="travel" source="keywords">travel</keyword> restrictions and strong pent-up demand, as per the new <keyword id="20020435" type="General" weightage="20" keywordseo="World-Economic-Forum" source="keywords" meta.keywordsubtype="org" meta.entityname="World Economic Forum" meta.hostid="261" meta.entityid="World Economic Forum">World Economic Forum</keyword> travel and <keyword id="19997361" type="General" weightage="20" keywordseo="tourism" source="keywords">tourism</keyword> study, released on Tuesday. Topping the 2024 list of economies are the US, Spain, Japan, France and Australia. The Middle East had the highest recovery rates in international tourist arrivals - 20 per cent above the 2019 level, while Europe, Africa and the US all showed a strong recovery of around 90 per cent in 2023. <keyword id="21745194" type="General" weightage="20" keywordseo="Travel-and-Tourism-Development-Index-2024" source="Orion">Travel and Tourism Development Index 2024</keyword> (TTDI), a biennial report published in collaboration with the University of Surrey, analysed the travel and tourism sectors of 119 countries around a range of factors and policies. "This year marks a turning point for the travel and tourism sector, which we know has the capacity to unlock growth and serve communities through economic and social transformation," said Francisco Betti, Head of the Global Industries team at the World Economic Forum. "The report offers a forward-looking window into the current and future state of travel and tourism for leaders to navigate the latest trends in this complex sector and sustainably unlock its potential for communities and countries across the world." The <keyword id="840423" type="General" weightage="20" keywordseo="global-tourism" source="Orion">global tourism</keyword> industry is expected to recover from the lows of the COVID-19 pandemic and surpass the levels seen before the crisis. As per the report, this is largely being driven by a significant increase in demand worldwide, which has coincided with more available flights, better international openness, and increased interest and investment in natural and cultural attractions. However, the report painted that the global recovery has been mixed. While 71 of the 119 ranked economies increased their index scores since 2019. Although the sector has moved past the shock of the global health crisis, it continues to deal with other external challenges, from growing macroeconomic, geopolitical and environmental risks, to increased scrutiny of its sustainability practices. In addition, labour shortages are ongoing, and air route capacity, capital investment, productivity and other sector supply factors have not kept up with the increase in demand. This imbalance, worsened by global inflation, has increased prices and service issues. Out of the top 30 index scorers in 2024, 26 are high-income economies, 19 are based in Europe, seven are in Asia-Pacific, three are in the Americas and one (the United Arab Emirates) is in the Middle East and North Africa region (MENA). The top 10 countries in the 2024 edition are the United States, Spain, Japan, France, Australia, Germany, the United Kingdom, China, Italy and Switzerland. The results highlight that high-income economies generally continue to have more favourable conditions for travel and tourism development. This is helped by conducive business environments, dynamic labour markets, open travel policies, strong transport and tourism infrastructure, and well-developed natural, cultural and non-leisure attractions. "It's essential to bridge the divide between differing economies' ability to build a strong environment for their travel and tourism sector to thrive," said Iis Tussyadiah, Professor and Head of the School of Hospitality and Tourism Management at the University of Surrey. "The sector has big potential to foster prosperity and mitigate global risks, but that potential can only be fully realized through a strategic and inclusive approach." If managed strategically, the travel and tourism sector - which has historically represented 10 per cent of global GDP and employment - has the potential to emerge as a key contributor to growth, it said. (ANI)

Worldwide tourism and its contribution to global GDP to return to pre-COVID levels this year: WEF study

A combination of policy changes such as <keyword id="6375770" type="General" weightage="20" keywordseo="bankruptcy-law" source="Orion">bankruptcy law</keyword> and taxation code and the enabling environment created by the <keyword id="14972121" type="General" weightage="20" keywordseo="digital-public-infrastructure" source="Orion">digital public infrastructure</keyword> has made India an attractive investment destination for the financial technology sector, a senior <keyword id="69007" type="General" weightage="20" keywordseo="world-economic-forum" source="Orion">World Economic Forum</keyword> (WEF) official said. In a video interview with PTI, Matthew Blake, Head of the Centre for Financial and Monetary Systems at the WEF said India has been one of the best-performing markets in the world and investors have made money here. Blake also struck a word of caution saying that since markets do not move in a purely linear fashion and were prone to "ups and downs", there was a need to educate investors. "So this idea of being an informed <keyword id="6368449" type="General" weightage="20" keywordseo="investor" source="Orion">investor</keyword>, a diversified <keyword id="6368449" type="General" weightage="20" keywordseo="investor" source="Orion">investor</keyword>, and having access to educational resources to do that is really fundamental artificial intelligence (AI)," he said. "I think a combination of different policy choices that have been made make India quite an attractive investment destination. In addition to the <keyword id="14972121" type="General" weightage="20" keywordseo="digital-public-infrastructure" source="Orion">digital public infrastructure</keyword> that creates an enabling environment from a technological standpoint, you also have changes in the <keyword id="6375770" type="General" weightage="20" keywordseo="bankruptcy-law" source="Orion">bankruptcy law</keyword> and taxation code adding clarity," he said. Blake said a survey of fintech CEOs by the WEF and the Cambridge Centre for Alternative Finance had revealed that 70 per cent of the firms considered AI as a major force and could be deployed for personalisation and customisation of products and services. Blake said for sectoral regulators, AI could be helpful in the context of risk management and there was a need for them to adapt to the rapid changes in technology. "The sophistication level of the regulatory authorities will also need to increase commensurate with the business sector and talent. Technology, and technologically savvy talent, will be at a premium. And that's true in the private sector, and that's true in the public sector," he said. Blake said in the Asia-Pacific region, the regulatory agencies were generally viewed as being quite skillful. "When you look globally, obviously there are varying levels of sophistication of markets. This brings an opportunity globally to share best practices and competencies," he said. "One of the things that we're looking at is how do you bring the most sophisticated actors in the financial services space from the private sector together in a knowledge exchange with some of the key supervisory bodies," Blake said. "It is absolutely in the best interests of the business sector that their corresponding regulator understands as closely as they do their activities and the technologies they're using to conduct those activities. So, it is in the mutual best interest to share that information and to try and level set. That is a rather large challenge, but it's something that we as a team are looking at currently and trying to devote some time to," Blake said. The WEF-Cambridge report on 'The Future of Global Fintech: Towards Resilient and Inclusive Growth', released in January, found that the majority of financial technology companies hold a positive view of their regulatory environment, with 63 per cent rating it as adequate. Additionally, 38 per cent of surveyed fintechs cited the regulatory environment as a major supporting factor for their operations and growth.

DPI, bankruptcy law, tax code make India attractive investment destination: WEF official

<ul><li>A <keyword id="69007" type="General" weightage="20" keywordseo="world-economic-forum" source="Orion">World Economic Forum</keyword> report says that AI-based language models such as the now popular ChatGPT, have the potential to enhance productivity and output in the workplace. </li><li>Low-skilled workers can benefit from <keyword id="15777223" type="General" weightage="20" keywordseo="generative-ai" source="Orion">generative AI</keyword> technologies, leading to increased job satisfaction.</li><li>Imperative that workers acquire new skills to adapt to the changing landscape, says the report.</li></ul>With the launch of ChatGPT in November 2022, generative artificial intelligence (AI) has been the topic of discussion in corporate boardrooms, and living rooms alike. The World Economic Forum’s report, ‘Top 10 <keyword id="63664" type="General" weightage="20" keywordseo="emerging" source="Orion">Emerging</keyword> Technologies of 2023’, released on June 26, has also listed generative AI as one of the top emerging technologies and also explores the question about job displacement due to the new <keyword id="6355118" type="General" weightage="20" keywordseo="technology" source="Orion">technology</keyword>. The report defines generative AI as a technology that ‘can synthesise what it has learnt from gigantic data sets to create, and intuit new information in novel ways.’ In other words, generative AI has the ability to produce fresh, and unique content by analysing data patterns. This is achieved through the utilisation of intricate algorithms, and techniques that draw inspiration from the functioning of the human brain. <cmsannotation type="cmsannotation" annotationid="Can generative AI complement human workers?" comment="subhead" text="Can generative AI complement human workers?">Can generative AI complement human workers?</cmsannotation> AI-based language models such as the widely adopted ChatGPT, and its future iterations have the potential to enhance productivity, and elevate the quality of outputs in the workplace, the report says. By taking on tasks like generating ideas, and providing editing assistance, these models can redefine human roles, shifting the focus from initial drafting to more refined stages. Particularly, low-skilled workers can benefit from generative AI technologies, leading to increased job satisfaction, and a boost in self-confidence. Yeshab Giri, Chief Commercial Officer, Staffing, and Randstad Technologies, Randstad India, an HR services company, says that automated coding can make the job of coders more efficient and allow them to focus on tasks that are highly complex and subjective in nature. Similarly, AI tools can automate repetitive data entry tasks, and assist with research, enabling humans to focus on more complex, and creative aspects of their <keyword id="11018" type="General" weightage="20" keywordseo="jobs" source="Orion">jobs</keyword>. In the financial industry, AI tools can help with data analysis, providing analysts with faster and more accurate insights. <cmsannotation type="cmsannotation" annotationid="Will generative AI replace humans?" comment="subhead" text="Will generative AI replace humans?">Will generative AI replace humans?</cmsannotation> The big question is whether generative AI will also replace workers, especially those doing simple repetitive tasks. The WEF report mentions that it is crucial to acknowledge the likelihood of job displacement due to generative AI. “The worry that AI, and automation would result in job losses in certain areas is justified. Automation, and AI are changing the job market, and some jobs may eventually become obsolete as a result. These are likely to be those at the lower end of the creativity spectrum repetitive tasks,” says S. Pasupathi, Chief Operating Officer, HirePro, a technology platform for enterprise recruitment. He says that in their current state, AI models are unable to fully replace a broad spectrum of occupations due to the distinct skills, and capabilities that human intelligence offers. Occupations that necessitate creativity, empathy, physical agility, critical thinking, problem-solving skills, interpersonal interaction, emotional intelligence, as well as roles prioritising safety and security, cannot be effectively substituted by AI. “Jobs that rely on human emotions, intuition, and decision-making processes are less likely to be replaced by AI models in general,” says Pasupathi. <cmsannotation type="cmsannotation" annotationid="Importance of up-skilling and reskilling" comment="subhead" text="Importance of up-skilling and reskilling">Importance of up-skilling and reskilling</cmsannotation> The report says that to ensure widespread sharing of the advantages brought by technological innovation and to enable workers to thrive in the evolving job market, it is crucial to implement policies, and programs that aid them in <keyword id="3554713" type="General" weightage="20" keywordseo="upskilling" source="Orion">upskilling</keyword> and reskilling. By supporting workers in their endeavours to acquire new skills, they can adapt to the changing landscape, and effectively leverage the benefits of technological advancements. “It is important to view AI technology as a tool, and understand its capabilities to enhance your own skills. It is essential to focus on enhancing soft skills, like strategic planning, and subjective problem-solving to be able to feed AI-tools with the most relevant inputs for them to perform efficiently,” says Giri.

Generative AI tools and productivity: WEF report says up-skilling is the need of the hour

<ul><li>The <keyword id="69007" type="General" weightage="20" keywordseo="world-economic-forum" source="Orion">World Economic Forum</keyword> has picked ten breakthrough technologies that show promise for the future. </li><li>Flexible batteries, <keyword id="15777223" type="General" weightage="20" keywordseo="generative-ai" source="Orion">generative AI</keyword>, <keyword id="7931350" type="General" weightage="20" keywordseo="sustainable-aviation-fuel" source="Orion">sustainable aviation fuel</keyword>, wearable sensors for plants and <keyword id="432748" type="General" weightage="20" keywordseo="green-computing" source="Orion">green computing</keyword> are some of them. </li><li>Many other biological breakthroughs like designer phages, metaverse for mental health, brain-machine interfaces and more have made it to the list. </li></ul>The world is changing fast with new dangers and permacrisis afoot. However, the good news is that a number of breakthrough new technologies are working to make it a better place. The World Economic Forum has picked ten such for 2023 — right from deep biology that can look into the cells to flexible batteries that can be twisted, bent and stretched. To make it to this coveted list, the technologies must offer promising major benefits to societies and economies, be disruptive, attractive to investors and researchers; and expected to have achieved considerable scale within five years. “New technologies have the power to disrupt industries, grow economies, improve lives and safeguard the planet – if designed, scaled and deployed responsibly,” said Jeremy Jurgens, Managing Director, World Economic Forum and Head of the Centre for the Fourth Industrial Revolution. In the past, the WEF has picked many such winners — like the genetic-engineering tool CRISPR-Cas9 which was featured in 2015, went on to win the Nobel Prize five years later. “It is now being used to create insect and drought-resistant crops in harsh growing conditions around the world,” said Jurgens. Messenger ribonucleic acid (mRNA) vaccines, earned their place in the 2017 report, became the technology underpinning the majority of Covid-19 vaccines protecting lives worldwide. AI-led molecular design made it onto the 2018 list. Since then, Deepmind’s AlphaFold predicted the structure of 200 million proteins, and the first AI-discovered drugs have entered clinical trials. Let’s look what technologies made it to this year’s list: Flexible batteries: Bend, twist &amp; stretch The world is going flex – with rollable computer screens to smart clothing. And the systems that power them should be so too. Flexible batteries, made of lightweight materials that can be easily twisted, bent or stretched, will soon hit the market and make standard rigid batteries a thing of the past. “The rapidly escalating development of wearable devices, flexible electronics and bendable displays demand power sources that match the agility of these systems,” the report says. One study forecasts that the global flexible battery market will grow by $240.47 million from 2022-2027, accelerating at a compound annual growth rate (CAGR) of 22.79%, says WEF. Several companies like LG Chem, Samsung SDI, Apple, Nokia are are actively developing and commercialising flexible battery technology. Generative AI: Sparring partner to conventional thinking Imagine an algorithm that can draw the image that a human holds in his mind? That’s one example of the boundless potential of generative AI which can design drugs, aid in architecture and engineering — in addition to what ChatGPT does. NASA engineers are working to use this technology to build lightweight spaceflight instruments. But this technology needs to build something more, trust. “To build public trust in generative AI, applications should meet agreed-upon professional and ethical standards. Care should be taken to mitigate AI bias based on training data, with a focus on including “outlier” data and novel societal conventions,” WEF says. It should also address copyright attribution and more. With correct controls, generative AI can demonstrate the boundaries of knowledge, and act as a sparring partner to challenge conventional thinking. Sustainable aviation fuel: Moving up, with challenges ahead The road-bound cousins of aeroplanes – cars, bikes and more are going green at a rapid pace. However, the cost of making the aviation sector, which contributes to 2-3% of CO2 emissions annually, is enormous. Enter sustainable aviation fuel (SAF) that’s produced from biomass, and non-biological resources. Now it makes up for 1% of the global jet fuel demand, but must rise to 13-15% by 2040, WEF says. “Such an increase will require the creation of 300-400 new SAF plants; and airlines, manufacturers and fuel companies are working around the clock to enable this level of scale,” the report says, adding that availability and collection of raw materials, along with the need for sustainably produced green hydrogen, remain major challenges. Designer Phages: Virus that carry ‘genetic scissors’ Viruses, as scary as they are, can be engineered to benefit humans. Key to this engineering are phages – viruses that selectively infect specific types of bacteria. Upon infection, a phage injects its genetic information into the bacterium. With ‘genetic scissors’, these phages can execute a set of instructions – they can change a bacterium’s functions. It can be made into a therapeutic molecule or to become sensitive to a certain drug and more. “Phages are also being designed as feed supplements to enhance the growth of livestock, treat certain plant diseases and eliminate dangerous bacteria in food supply chains,” WEF says. Locus Biosciences and Eligo Biosciences are using this approach to combat antibiotic-resistant bacteria. Metaverse for mental health: Augmenting connections The Covid-19 pandemic has pushed the mental health crisis to such an extent that the world is falling short of health providers. The conditions are ripe for metaverse-enabled mental health treatment, WEF says. “Maturing interface technologies could further augment social and emotional connections between distant participants,” the report says. Many players are already working on it with gamification and other ways which can also reduce the stigma attached with mental health. Noninvasive neurotechnologies can provide feedback attuned to a user’s emotional state. For example, Neurable headsets use electrodes to measure emotion and can adjust music accordingly. Eventually, the metaverse will also connect to therapeutic neurotechnologies, such as direct brain stimulation to treat intractable depression,” WEF adds. Wearable plant sensors: The new frontier Traditionally, crops have been monitored via soil testing and visual inspections, both of which are expensive and time-consuming. Recent tech advancements have been monitoring crop health via low-resolution satellite data, which has gone on to sensor equipped drones and tractors which provide information. The next frontier is monitoring individual plants – with wearables. “These sensors are small, non-invasive devices that can be attached to crop plants for continuous monitoring of temperature, humidity, moisture and nutrient levels,” the report says. Growvera and Phytech have developed micro-sized needle sensors that insert into a plant’s leaves or stems to measure changes in electrical resistance, but challenges remain in terms of expense and the reading of the data might need specialised expertise. It needs data analytics tools that can help farmers ‘read it’ and make informed decisions. Spatial omics: Unravelling evolutionary secrets Humans are made of millions of cells —- but what happens inside them? Spatial omics might actually help us ‘see’ the biological processes, how they work in detail that was unprecedented before. A spatial omics study of samples from people who died from Covid-19 revealed that SARS-CoV-2 causes widespread disruption of cellular pathways across all tissues. Scientists have also identified a set of neurons that help paralysed mice walk, sooner. But this technology needs to be democratised, WEF believes. It had a total market value of $232.6 million in 2021 and an estimated revenue of $587.2 million in 2030. While academic and translational research centres made up 89% of the market in 2020, the market is dramatically expanding to include pharmaceutical and biotech industries. Flexible neural electronics: Biocompatible now Brain-machine interfaces (BMIs) allow electrical signals the brain produces to be captured by sensor hardware – and are already being used for patients with epilepsy, and create prosthetic limbs connected to the nervous system. But the current implants are made of hard material like chips, which can scar humans and cause substantial discomfort. They cannot bend or adapt to brain movements so, over time, they “drift” in position, decreasing the accuracy. But now researchers developed these circuits on biocompatible materials that are soft and flexible. It can deepen understanding of conditions like dementia and autism; and can also be used to develop cardiac pacemakers and more. But eventually, it holds the potential to true human-AI interfacing – but since the data from the brain is sensitive, privacy and ethical use guidelines must be established. Sustainable computing: Optimism ahead Every time we search on Google, send email or use any form of AI, we are connecting to data centres — which consume an estimated 1% of the electricity produced globally. And, this will only grow. There is no single “green data” magic bullet, but the coming decade will see strides toward net-zero-energy data centres. The first is to use cooling systems to dissipate the heat. Stockholm is using heat from data centres to heat homes. Then, AI itself can come with a solution for the heat it is generating, but analysing and optimising energy use in real-time. DeepMind has successfully demonstrated the potential of AI-powered energy management, achieving up to a 40% reduction in energy consumption at Google’s data centres. Crusoe Energy instals its modular data centres at sites where methane flaring occurs to enable cloud computing infrastructure to be powered by methane gas that would otherwise have been released directly into the atmosphere. “Given the wave of innovation and investment in this area, there is reason to be optimistic about the years ahead,” WEF says. AI-facilitated healthcare: Easing access Ever since the pandemic governments and academic teams alike have been using AI and ML models to improve access to patient care – to cut down the long delays many patients experience. This can aid developing nations in particular. India, for example, has a widely dispersed population of over 1.4 billion and has embraced an AI-based approach to enhance medical outreach. “The Indian government has enabled physicians to engage remote communities through assistive technologies, with requisite privacy safeguards in place,” the report says. However, hurdles to this system remain like patient compliance and national security concerns. “Moreover, any system that curates personal data on the health and welfare of a vast population must function within the bounds of a carefully crafted legal and ethical framework,” WEF says.

Wearables for plants, bacteria eating viruses, and 8 technologies in 2023 that can change the future

Even as Indian women face low representation in leadership roles in the workforce (18 per cent), they are now seeking more entrepreneurship opportunities as compared to men, according to new <keyword id="28120" type="General" weightage="100" keywordseo="linkedin" source="Orion">LinkedIn</keyword> data released on Wednesday. The data, published in the <keyword id="69007" type="General" weightage="20" keywordseo="world-economic-forum" source="Orion">World Economic Forum</keyword>'s 2022 <keyword id="2573327" type="General" weightage="80" keywordseo="global-gender-gap-report" source="Orion">Global Gender Gap Report</keyword>, showed that the share of female founders grew by 2.68 times compared to 1.79 times among men between 2016 to 2021. The growth rate of female entrepreneurship showed to be the highest during the pandemic -- in 2020 and 2021. Besides being underrepresented in leadership roles, the data also revealed that women are also not being promoted internally to leadership in companies at the same rate as men. Men are 42 per cent more likely to be promoted into leadership positions than women. This could explain why women in leadership roles also increasingly lag behind their male counterparts in the senior stages of their careers, with the proportion of women in the workforce decreasing along the corporate ladder. In <keyword id="3658" type="General" weightage="50" keywordseo="india" source="Orion">India</keyword>, the representation of female leaders has dropped from 29 per cent at the senior level to a staggering 18 per cent at the managerial level. "Our new data is indicative of one thing: working women in India are being held back by more barriers in the workplace when compared to men. But despite the adversity, many women remain undeterred and continue to chart their own path by pivoting to entrepreneurship and building careers that allow them to work on their own terms with greater flexibility," said <keyword id="10697755" type="General" weightage="80" keywordseo="ruchee-anand" source="Orion">Ruchee Anand</keyword>, Senior Director, <keyword id="14445297" type="General" weightage="20" keywordseo="india-talent-learning-solutions" source="Orion">India Talent &amp; Learning Solutions</keyword> at LinkedIn, in a statement. "We saw this especially in the years of the pandemic (2020 and 2021), when women sheltered from a shrinking job market by starting their own businesses that also created opportunities for other women," Anand added. However, the new data also reveals that there is progress being made. More women are being hired into leadership roles from eight years ago, shooting up to 24 per cent this year -- 1.36x since 2015. However, more needs to be done. "As employers navigate this challenge of making work 'work' for women, they must remember that factors like internal mobility, fair hiring practices with a focus on skills, and flexibility are going to prove key in not just levelling the playing field for women, but also improving efficiency through balanced representation, diversity of perspectives and inclusive leadership at the workplace," Anand said. Further, to support female entrepreneurs, and women in the workforce, LinkedIn has also unlocked some of its courses for free until August 22. These include <keyword id="6358360" type="General" weightage="80" keywordseo="gender" source="Orion">Gender</keyword> in Negotiation; Getting to Yes: Advice for Female Founders on How to Get Funded; Leadership Strategies for Women; and <keyword id="14445296" type="General" weightage="80" keywordseo="success-strategies-for-women" source="Orion">Success Strategies for Women</keyword> in the Workplace. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/australias-health-minister-warned-that-millions-could-get-covid-19/articleshow/92866659.cms">Australia's Health Minister warned that "millions" could get COVID-19</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/mindtree-lampt-infotech-infosys-indusind-bank-and-other-hot-stocks-on-july-14/slidelist/92865161.cms">Mindtree, L&amp;T Infotech, Infosys, IndusInd Bank and other hot stocks on July 14</a>

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India rises to rank 39th on WEF's Travel & Tourism Development Index 2024, becomes highest ranked South Asian nation

PTI

Worldwide tourism and its contribution to global GDP to return to pre-COVID levels this year: WEF study

ANI

DPI, bankruptcy law, tax code make India attractive investment destination: WEF official

PTI

Generative AI tools and productivity: WEF report says up-skilling is the need of the hour

Anagh Pal

Wearables for plants, bacteria eating viruses, and 8 technologies in 2023 that can change the future

Katya Naidu

LinkedIn data reveals that Indian women are now seeking more entrepreneurship opportunities than men

IANS

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