India ranks 87th in WEF’s gender gap report but economic, educational, health rankings are far worse
India has ranked 87th on World Economic Forum (WEF)’s gender gap report, which is 21 places up from its previous ranking of 108th in 2015.
This may appear to be good news but one look at the subindices of Economic Participation, Health and Survival and even Education will bring to light the country’s major gender disparity issues.
On the Political Empowerment subindex, India continues to rank 9th in the world with the 'Years India has had a female head of state' that placed it in the second rank globally.
However, going by the women in parliament numbers – India ranked 112th.
The widest gap on the global scale was found in this subindex, followed by Economic Participation and Opportunity.
In the latter, India ranked 136th whereas in the Educational Attainment subindex, India ranked 113th.
Women’s estimated earned income was seen to regress in the country ranking it third-lowest in the world, the report said.
The literacy rate of the country ranked it 124th as it fully closed its primary and secondary education enrolment gender gaps.
The country stood near the likes of Armenia and China when it came to the ‘Health and Survival’ subindex, ranking 142nd, globally.
India also was among the lowest in the matter of sex ratio as it ranked 142nd and continues to rank among the lowest in the world’s least improved country in this subindex.
“Today, the gap is larger than it stood in 2006, in part due to specific issues in select countries, in particular China and India,” the report said.
In India, the ratio of unpaid female as to male workers is among the widest; wherein women’s unpaid work hours cross 200 minutes per day.
The wage equality survey conducted by WEF, ranked India 103rd globally.
As long as most of India’s women are sidelined from the labour market, the country may not reach its full potential of being a ‘main engine’ of the global economy and will restrict growth, an earlier report by Bloomberg said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
12:55 PM IST