Women, Business And The Law 2023 Report:
India scored above the regional average in the World Bank’s Women, Business and the Law 2023 report. For India, report used data on laws and regulations in Mumbai, India’s main business city.
Findings of the Report:
- India as Lower middle Income group country with WBL index score is 74.4 out of 100.
- The overall score for India is higher than the regional average observed across South Asia (63.7). Within the South Asia region, the maximum score observed is 80.6 (Nepal).
- In India, a thriving civil society also contributed to identifying gaps, drafting legislation, and organizing public opinion through campaigns, discussions, and protests, leading to enactment of the 2005 Domestic Violence Act.
- Only 14 scored a perfect 100: Belgium, Canada, Denmark, France, Germany, Greece, Iceland, Ireland, Latvia, Luxemburg, The Netherlands, Portugal, Spain and Sweden.
- Nearly 2.4 billion women of working age around the world live in economies that do not grant them the same rights as men.
- At the current pace of reform, it would take at least 50 years to approach legal gender equality everywhere.
- Progress toward equal treatment for women has fallen to its weakest pace in 20 years.
- Most reforms focused on increasing paid leave for parents and fathers, removing restrictions on women’s work, and mandating equal pay.
- Progress across the areas measured has also been uneven, with most reforms in Workplace and Parenthood.
