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How Cilicant is closing gender gaps, increasing opportunities for women

As per a report by McKinsey, $2.9 trillion of additional annual GDP in 2025 could be added by fully bridging the gender gap at the workplace.

March 17, 2021 / 17:03 IST

Gender disparity is a concern across several countries and India is no exception. As per a report by the World Economic Forum, titled ‘Global Gender Gap Index for 2020’, India ranks at 112th position among 153 countries in gender disparity. Since 2006, the gap has gotten significantly wider.

Moreover, the index stated India is the only country where the economic gender gap is larger than the political gap as only one-quarter of women, compared with 82% of men, engage actively in the labour market.

In India, it is important to address the gender gap and provide equal working opportunities and income to women. Besides boosting socio-economic conditions and confidence among women, minimising the difference will also add to the country’s GDP and help India in advancing the sustainable development goals.

As per a report by McKinsey, $2.9 trillion of additional annual GDP in 2025 could be added by fully bridging the gender gap at the workplace.