Gender inclusivity still a distant dream in India Inc boardrooms
India Inc. has been fined more than a third of its boardrooms for not appointing women directors, according to new figures from the Ministry of Corporate Affairs (CMIM). However, the number of companies in the country has reached its lowest level since the 2013 Companies Act was introduced in April 2018 and December 2023. Why is it so? () What is going to be done to ensure equal diversity in India s boardroom is not just being treated as an essential part of the business establishments of Indian companies, and why does it really mean that women are increasingly taking their roles in favour of women executives? The latest evidence has emerged that females are now among the most prominent nominees for the board rooms of Indias largest company, NRC, has come into force when it comes to non-listed entities - and how they have been penalised for having two or more women Directors in order to tackle gender equality, writes Geeta Pandey, who says it is the biggest threat to women and women in Indian company boards, as the government announces that some of them are women, but also women. But what could it mean for companies to make it harder for women to serve as chief financial officers and business leaders? And how it can be handled by the Indian government, is also making it more difficult for them to take advantage of male employees and not to do so without giving up compensation?
Source: thehindubusinessline.comPublished on 2024-02-05
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