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Economy, Index & Reports
Mahesh

07/03/23 09:07 AM IST

Women, Business and the Law report

In News
  • According to the World Bank’s (WB) Women, Business and the Law report 2023 - an index on the life cycle of a working woman, India's score dropped to 74.4 out of 100.
Major Findings
  • For India, the Index used data on the laws and regulations applicable in Mumbai, viewed as the country’s main business city.
  • The laws affecting the Indian working woman’s pay, pension, work after having children, starting and running a business, property and inheritance, do not provide for equality with Indian men, dragging India’s score down to 74.4.
  • India scored higher than the 63.7 average for the South Asian region, though lower than Nepal which had the region’s highest score of 80.6.
  • India gets a perfect score, when it comes to constraints on freedom of movement, laws affecting women’s decisions to work and constraints related to marriage.
  • It has eight indicators- Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets, and Pension.
  • For India, the Index used data on the laws and regulations applicable in Mumbai, viewed as the country’s main business city.
  • The laws affecting the Indian working woman’s pay, pension, work after having children, starting and running a business, property and inheritance, do not provide for equality with Indian men, dragging India’s score down to 74.4.
Global Scenario
  • Only 14 scored a perfect 100: Belgium, Canada, Denmark, France, Germany, Greece, Iceland, Ireland, Latvia, Luxemburg, The Netherlands, Portugal, Spain and Sweden.
  • In 2022, the global average score is 76.5 out of 100.
  • Nearly 2.4 billion women of working age around the world live in economies that do not grant them the same rights as men.
Source- Indian Express

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