There are only 16 women on the board of directors of the 30 Sensex companies, or 4.8% of the 335 people who hold directorship positions. In the Bombay Stock Exchange (BSE) 100 companies, which has 923 directors, only 50 (or 5.4%) are women, while the companies in the BSE 500 index have only 192 women (or 5.3%) out of 3,650 individuals holding directorship positions.
“The needle has not moved in years,” says Poonam Barua, founder-chairperson of the Forum for Women in Leadership which looks into gender diversity in companies. “We are still to subvert the feudal set-up that exists in the corporate world.” Fuelled by the misplaced idea that since women will always put home and family above office, or crumble under work pressure, they were unworthy of key leadership positions.
Monday, March 07, 2011
Emerging Giant still pre-historic
Tough climb for women up India Inc ladder
BANGALORE/KOLKATA: A population of 500 million women, but only 258 of them hold some of the top jobs in the country. That’s how skewed India Inc’s ‘diversity ratio’ is. On Women’s Day, a study by ET threw up other disappointing findings.
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