Gender gaps come in the way of business competitiveness.” In the light of recent gender gap report findings, analyze.
Recently published global gender gap index by world economic forum, calculated gender gap between women and men in four key areas: health, education, economy and politics ranked India 108th position out of 144 countries.
Gender disparities surely a obstacle for economic prosperity of a country, because of following points---
1. Talent of both men and women in a society is important for competitiveness.
2. A recently survey of OECD denotes that around $13 trillion dollar increase in world's GDP is lost due to non-participation of the women in workforce.
3. Reduction of gender discrimination can increase the rate of growth of GDP.
4. Loss of talent or skills of women in workforce a huge burden for overall economic growth of the country.
5. Gender gap in health makes a country less productive.
6. Less Political empowerment of women, as well as in the share of managers, legislators, technical and professional workers hindered them to productively participate in growth.
Government has introduce various schemes for upliftment of women to get better ranking in global gender gap index such as ‘Beti Bachao Beti Padhao’ ‘Rastriya Mahila kosh’ but the steps are not prudential enough to maintain the global gender gap index in line with ease of doing business . So empowering women with greater skills, providing more and more formal sector job with greater social benefits will be highly beneficial.
What is the lacuna in Gender gap in the way of business competitiveness:
1. Behavioral patterns of India.
2. Education and Early marriage.
3. Less participation of division making and lack of Dominance in role playing primarily due to less participation of women in the economy and low wages.
4. Dominance of male in various business , professional and service like CA, doctors, political , business and other profession.
Way forward:
1.India need continuous effort in participation and involvement of women's in technical, professional and other like manager, participation in politics and economic development.
2. However India has achieved good ranked in education of girl but there should more multi dimensional approach is need to involvement active participation of women in economic and social development.
3. India will need a new generation of female political leadership, the report added. Even on this parameter, women account for less than 20% of all ministerial jobs and parliamentary seats.
