A new report on gender from the World Economic Forum ranks India 139th out of 145 countries for female economic participation and opportunity. The world’s third-largest economy saw a decrease in wage equality and female labor force participation from the previous year, with the average female Indian worker only making one-fourth of the salary of male counterparts. The country’s overall ranking in the report did however improve from last year’s 114th to 108th, due almost entirely to a near doubling of female ministers of parliament in Indian government. A report from McKinsey Global Institute in September had also identified gender as a problem for India’s economy, observing that women only accounted for 17 percent of the country’s gross domestic product (GDP) and estimating that closing the gender gap could add $700 billion to India’s GDP in 2025. Among the countries listed in the World Economic Forum’s report, the United States ranks 28th — well behind a small European nation that tops the list..
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