Nearly 5 per cent of India's total Union Budget 2020-21 would be spent on schemes that benefit women, stated the gender budget for the year. Amounting to Rs 1.4 lakh crore ($19 billion) in 2020-21, the gender budget includes allocations made by different ministries for schemes that fully or partially benefit women.
Gender-responsive budgeting, along with supportive laws and other policy measures, could help governments track whether public funds are effectively allocated in furthering gender equality and empowering women. India was ranked 112th of 153 countries on the Global Gender Gap Index 2020.
India started releasing a Gender Budget along