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Scroll.in
2 days ago
- Business
- Scroll.in
India falls two spots on 2025 Global Gender Gap index to 131
India has fallen two spots to rank 131 out of 148 countries on the World Economic Forum's 2025 Global Gender Gap index. In 2024, India had ranked at the 129th place out of 146 countries on the index, while it was at 127 in 2023. In 2020, India had ranked 112 among 153 countries. The countries are ranked based on scores across four main subindices – economic participation and opportunity, educational attainment, health and survival, and political empowerment. In its report released on Wednesday, the World Economic Forum stated that India had an overall parity score of 64.1%, making it one of the lowest-ranked countries in South Asia. The country saw a relative drop in rankings compared to the previous year due to the performance of other economies, it added. However, India's overall performance improved in absolute terms by +0.3 points, the report said. 'One of the dimensions where India increases parity is in economic participation and opportunity, where its score improves by +.9 percentage points to 40.7%,' the World Economic Forum added. The report said that while most indicator values remained the same, parity in estimated earned income rose from 28.6% to 29.9%, which positively impacted the subindex score. Scores in the labour-force participation rate remained the same at 45.9%, duplicating India's highest level achieved to date, the report said. 'In educational attainment, India scores 97.1%, reflecting positive shifts in female shares for literacy and tertiary education enrolment, which result in positive score improvements for the subindex as a whole,' the World Economic Forum stated. 'India also records higher parity in health and survival, driven by improved scores in sex ratio at birth and in healthy life expectancy,' it added. 'However, similar to other countries, parity in the latter is obtained despite an overall reduction in men's and women's life expectancy.' The report said that female representation in Parliament fell from 14.7% last year to 13.8% in 2025, and that the share of women in ministerial positions fell from 6.5% to 5.6%. In June 2024, India had elected 74 MPs to the 18th Lok Sabha, which was marginally lower than in 2019 when 78 women became members of the Lower House of Parliament. As per the index, Bangladesh emerged as the best performer in South Asia, jumping 75 spots to rank 24 overall due to notable gains in political empowerment and economic participation. Nepal ranked 125, Sri Lanka at 130, Bhutan at 119, Maldives at 138 and Pakistan at 148. Globally, Iceland leads the rankings for the 16th year in a row. This was followed by Finland, Norway, the United Kingdom and New Zealand. However, the report noted that full parity remained 123 years away at current rates.
Ammon
14-04-2025
- Business
- Ammon
Lower House refers Virtual Assets Bill to Digital Economy Committee
Ammon News - The Lower House of Parliament on Monday oted by majority to refer the draft Virtual Assets Regulation Law for 2025 to the Digital Economy Committee. The bill aims to establish a regulatory framework for virtual asset transactions, define related activities, and monitor service providers to ensure compliance, safeguard market participants, and uphold financial stability. The proposed legislation also outlines the Securities Commission's authority to license virtual asset services, ensure adherence to licensing conditions, and take necessary measures to counter money laundering and the financing of terrorism in alignment with international standards.
Ammon
16-03-2025
- Politics
- Ammon
Senate committee approves amendments to Labor Law
Ammon News - The Senate Labor and Social Development Committee, chaired by Senator Issa Murad, approved on Sunday a draft law amending the Labor Law, as submitted by the Lower House of Parliament, with certain amendments. The meeting was attended by Minister of Labor Khaled Bakkar. Murad stated that the draft law introduces key regulatory measures aimed at balancing employer-employee relations, commending the Ministry of Labor's efforts to regulate migrant workers in the Jordanian labor market. The amendments unify the medical reference for work-related injuries, classify occupational diseases as work-related injuries, and extend work-related injury provisions to workers not covered by social security. Additionally, the draft law reorganizes the employment regulations for migrant workers and outlines measures against those who violate employment terms. It also enhances protections for working women, including extended maternity leave and safeguards for workers' rights to sick leave. Petra
Ammon
16-02-2025
- Business
- Ammon
Parliamentary committee recommends postponing loan installments for two months
Ammon News - The Lower House of Parliament's Labor, Social Development, and Population Committee, headed by MP Mutaz Abu Rumman, recommended postponing loan installments due on citizens for the months of February and March 2025, without imposing any additional interest or fees, with the aim of alleviating the financial burdens on Jordanian families as the holy month of Ramadan and Eid al-Fitr approach. The committee sent an official letter to the Lower House Speaker to address the Central Bank of Jordan (CBJ) and the Association of Banks, requesting that this step be taken, in response to the royal directives that emphasize supporting citizens and alleviating their economic burdens.
