Women, Business and Law 2020

WHY IN NEWS?

Women, Business and the Law 2020, the sixth edition in a series, analyzes laws and regulations affecting women’s economic inclusion in 190 economies.

ABOUT WOMEN, BUSINESS AND LAW 2020

• Women, Business and the Law (WBL) is a World Bank Group project collecting unique data on the laws and regulations that restrict women’s economic opportunities.
• The Women, Business and the Law Index, composed by eight indicators structured around women’s interactions with the law as they begin, progress through and end their careers, aligns different areas of the law with the economic decisions women make at various stages of their lives.
• The indicators are: Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets, and Pension.
• The report updates all indicators as of September 1, 2019, and builds evidence around the linkages between legal gender equality and women’s economic inclusion.
• By examining the economic decisions women make as they go through different stages of their working lives and the pace of reforms over the past 2 years, Women, Business and the Law makes an important contribution to research and policy discussions about the state of women’s economic opportunities and empowerment.
• India is placed 117th among 190 countries.
• It scored 74.4 on a par with Benin and Gambia and way below least developed countries like Rwanda and Lesotho.

Prelims Question

Q. Women, Business and the Law Index which was recently in news was launched by which among the following?
a)UNDP
b)World Bank
c)UN Women
d)Global Fund for Women

Answer to the Prelims Question