Context:
India’s ranking improved to 113 out of 190 countries in the World Bank’s Women, Business and Law index.
Relevance:
Facts for Prelims
Women, Business, and Law Index: Advancing Gender Equality in Economies
- The Women, Business, and Law Index is a World Bank initiative assessing the regulatory environment for women’s economic opportunities in 190 economies.
- The index rates the impact of laws and regulations on women’s economic prospects on a 0 to 100 scale, where 100 signifies equal legal rights for both genders.
- Evaluation areas include mobility, workplace regulations, pay, marriage laws, parenthood considerations, entrepreneurship support, asset rights, and pension entitlements.
- Providing objective benchmarks, the index measures global progress toward legal gender equality.
- The 10th edition of the report highlights the achievements and remaining challenges for achieving economic empowerment for women worldwide.
- Key findings from the 2024 Index include:
- No country received a perfect score, indicating the absence of complete legal gender equality globally.
- India’s ranking improved to 113 out of 190 countries.
- Indian women were found to have 60% of the legal rights granted to men, below the global average of 64.2%.
-Source: Economic Times
