Mind the Gender Gap, Edition 3: Analysis of Women’s Participation, Pay, and Other Measures in Indian Public Companies

Diversity in the workforce, wherein people across genders and levels have equitable access to opportunities, visibility, and the ability to contribute, delivers better outcomes for companies, investors, and asset owners.An enabling industry environment supported by equality-based thinking across the broader economy is essential for building a strong, vibrant, and prosperous society.This report, along with our earlier work on this subject, is the contribution of CFA Institute and CFA Society India to raising awareness about gender disparity in the workforce through reported data and encouraging conversations in the industry to bridge this gap.Because women constitute approximately half of the population, ensuring their equal participation in the workforce is both an economic imperative and a societal responsibility.It has been shown that increasing women's participation in the workforce accelerates both the economic prosperity and social development of a nation. 1 India's economic growth rate is outpacing the global average.One critical driver of sustained growth will be the ability to increase women's participation in the workforce and to close the gender gap.Our research suggests that significant gaps exist not only in workforce participation but also in such aspects as career progression, remuneration, and opportunities for leadership roles.Mind the Gender Gap, Edition 3This report is the third installment in an annual series, published with the objective of directing the deserved attention to the subject and serving as a resource for generating dialogue among policymakers, regulators, industry leaders, and participants.Together with all key stakeholders, we must channel action toward increased representation for women in the industry, pay parity, and an equitable share in the country's progress for all.