Indian women still have a long way to go when it comes to attaining socioeconomic equality with men compared to their South Asian counterparts, with only 38 per cent representing the organised workforce, according to a recent survey.
"Women are struggling to attain socioeconomic equality with men in South Asia, with some of the poorest scoring nations coming from the Indian subcontinent," according to the latest MasterCard Index of Women's Advancement released today.
Overall, the Nepal leads South Asian markets, with an overall score of 55 per cent, with a high proportion of 92 per cent of Nepali women participating in the workforce, followed by Bangladesh scoring 45.5 per cent, Sri Lanka scoring 43.8 per cent, India scoring 38 per cent and Pakistan scoring 23 per cent.
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"It is well established that a country's social and economic development is closely tied to factors including access to education, employment and political leadership opportunities.
"While South Asia has recently witnessed an increase in the attention and focus by both public and private sectors towards affirmative action for women, much remains to be done in the march towards gender equality," MasterCard Worldwide Division, President South Asia, Ari Sarker said today.
As emerging economies in the region step up their presence in the global economy, it is important that barriers preventing women in these markets from seizing economic opportunities be eliminated, he added.