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India slips on women empowerment scale

India has been ranked at a poor 115 by a global survey which looked into the level of economical empowerment of women in 128 countries. The list was topped by Australia and followed by three Scandinavian countries – Norway, Sweden and Finland. At the bottom of the list were Yemen, Pakistan, Sudan and Chad.

The research done by an international consulting and management firm Booz & Company ranked India at 115 and noted that with the second-largest population in the world, India generates 14 per cent of the global talent pool, among which are the 5.5 million women entering India’s workforce each year, all overwhelmingly driven to succeed. ‘Yet India’s women whether in Mumbai’s conference rooms or Kerala’s backwaters must navigate a familiar but daunting set of obstacles and challenges in their search for economic empowerment and professional success,’ it said.

It added that although the knowledge economy has created enormous opportunities in India, too many women are still prevented from reaching their full potential by a combination of cultural restrictions, gender discrimination, and lack of resources.
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