Higher women`s share in labor force to lift India growth rate: World Bank

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India's economy could achieve double-digit growth if New Delhi pushes reforms to increase women's participation in the country's workforce, a World Bank report said on Monday.

Such reforms would boost household earnings and reduce poverty, besides creating better health and education conditions for the women's children, it said. Asia's third-largest economy has been growing at around 7 percent for the past three years. Policy makers aspire to copy China's three decades-long double-digit growth miracle that dramatically reduced poverty and increased per capita income there.

Women's labor force participation in India declined to 27 percent in 2011-2012 - among the lowest in the world - from near 40 percent in the early 2000s.

While one-third of this decline was due to better education opportunities for girls in the age group of 15-24 years, the rest was because of India's inability to create enough jobs in the manufacturing and services sectors.