India was ranked 108th on the annual Global Gender Gap index compiled by Geneva-based World Economic Forum.
India has closed its gender gap by 2 per cent in a year and its gap now stands at 68 per cent across the four pillars that WEF measures -- economy, education, health and political representation.
The major improvement has been in education where "India has managed to close its gap entirely in primary and secondary education", WEF said, adding that in the economic sphere, "much work remains to be done". India ranks 136 in this pillar out of 144 countries.
According to the WEF's Global Gender Gap Report 2016, the prospects of global workplace gender parity slipped further, and economic parity between the genders could take 170 years after a "dramatic slowdown in progress".
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Globally, the leading four nations continue to be Scandinavian: Iceland (1), Finland (2), Norway (3) and Sweden (4).
The next highest placed nation is Rwanda, which moves one place ahead of Ireland to 5th position. Following Ireland, the Philippines remains unchanged at 7th, narrowly ahead of Slovenia (8) and New Zealand (9), which both move up one place. With Switzerland dropping out of the top 10, 10th position is taken up by Nicaragua, WEF said.
"Slowdown partly down (due) to chronic imbalances in salaries and labour force participation, despite the fact that, in 95 countries, women attend university in equal or higher numbers than men," the report said.
In this latest edition, the report finds that progress towards parity in the key economic pillar has slowed dramatically with the gap - which stands at 59 per cent - now larger than at any point since 2008.
Another challenge is stagnant labour force participation, with the global average for women at 54 per cent compared with 81 per cent for men. Moreover, the number of women in senior positions also remains stubbornly low, with only four countries in the world having equal numbers of male and female legislators, senior officials and managers.
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