Gender Pay Gap in India refers to the difference in earnings between women and men in the paid employment and labor market.
According to The Economic Times, in the year 2018, men were paid 19% more than that being paid to women. Men in India earn Rs.46.19 more than women.The average hourly salary for men in India in 2018, according to Business Today Economy, stood at Rs. 242.49, whereas for women it stood at a comparatively meagre Rs.196.3. In addition to the unequal pay, there is a problem of unequal representation because, while women comprise of about 48% of the Indian population, their representation in the workforce accounts for only 1/4th of the total.
Gender Pay Gap doesn’t only affect the working population, the difference in pay between the genders affects the people depending on the person and ultimately leads to a huge population of women retiring in poverty despite being skilled.
India is listed as one of the Top 10 countries that lack a major female participation in the economy. The rate of female population in the paid labor market is generally low and is primarily concentrated in the agricultural sector and therefore, there is little to no wage gap in the semi-skilled and unskilled workforce.
Bloomberg says contradictorily, the wage gap rises to touch an astonishing 20%-30% for skilled and highly skilled occupations. Sectoral analysis of gender pay gap shows that the gap can go as high as 26% in IT, 24% in manufacturing, 21% in healthcare and social work; to as low as 2% in the finance industry. The gap, when compared 2019 and 2017, according to sources, has reduced only 1%. What’s been an eye-opener is that 51% of men confirm that they can be active advocates for gender initiated change programs in the workplace. While about 38% of women also feel that men simply don’t know what to do or say when it comes to addressing issues like gender inequality.
Like every other year, India celebrated Women’s Day with huge brands, corporate chains and online shopping websites boasting of huge discounts. However we usually forget the significance and context of the day itself. A day that came into being due to the spirit of women struggling for basic rights. As the future citizens of our country, we wish to bring development in these astonishing gaps between wages with our campaign #dontbethatguy #stepupnow. By the next Women’s Day, we guarantee to have gained momentum in terms of equal pay for women in the working force.