India: More than half of the top Indian companies have a male to female ratio of 10:1 or worse
Author: PTI, Economic Times , Published on: 20 October 2019
"53% of top Indian companies have a male to female employee ratio of 10:1 or worse, study claims", 3 October 2019
Around 53 per cent of top Indian companies have a male to female employee ratio of 10:1 or worse and 70 per cent of the top firms have less than one per cent of employees with disability, a study by a think-tank claimed…
The study noted that only 39 out of the top 300 Indian companies have "proactively disclosed" having employees from Scheduled Caste (SC), Scheduled Tribe (ST) or Other Backward Classes (OBC) groups.
Data of 300 out of the top 500 BSE-list companies in India was analysed for the study by Corporate Responsibility Watch (CRW), a think-tank consisting of 14 civil society organisations. The study showed "startling data that presents a strong bias against the disabled and women".
"Over 70 per cent of businesses having reported either zero or less than 1 per cent disabled employees and about 53 per cent having a male ployees and about 53 per cent having a male to female ratio of just 10:1 or worse," it claimed. A total of 103 companies have actually reported a reduction in the number of women employees, the study added.
It also revealed that of the total prescribed amount of Rs 23,247.90 crore to be spent by the mandated companies on CSR, only 57 per cent has been spent.