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The pattern of Indian women's employment has changed markedly since the 1970s. The sectors in which women have worked throughout the century, plantations, mining and manufacturing, have not been the areas of growth. Indeed in the better-paid and unionized jobs the proportion of women in the workforce has declined drastically. Women have been increasingly pushed into unregulated non-unionized jobs, with the exception of electronics and the service sector.

Banking and insurance have provided new areas of opportunity for women, and nationalization has been a key factor in countering some aspects of gender discrimination. As Table 8.1 shows, in areas such as electricity, construction, trade, transport and communication, finance and insurance, and community services, employment in the public sector is an important factor in boosting women's employment. However recent national and international policies, which have led to the dismantling of the public sector, are affecting those limited openings. It is therefore urgent not simply to develop the means for retraining women but also for women to participate in creating alternative economic strategies.

Changes in the quantity and quality of women's employment in banking can be accounted for by a number of factors operating simultaneously. There are deeper social changes taking place in the country vis-à-vis women's education and employment; changes in government policies regarding this and other sectors; changes in management policies, especially after the nationalization of banks in 1969; the effects of internationalization; and the technological changes taking place in this industry. This study will focus primarily on the effects of technological change, and will include material on how women employees perceive these changes and what they feel themselves about retraining and improving their working conditions. Moreover, it is important to consider how unions, cooperatives and workgroups can strengthen women's positions and overcome the stereotyping which persists even in new fields.

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