Women entrepreneurs show the way for workplace gender parity

March 15, 2015

New Delhi, Mar 15: The number of women entrepreneurs in India is on the rise and their startups, many of whom are in the booming e-commerce space, are showing the way for gender parity at workplace with some having as much as 50 per cent female staff, according to experts.

Women account for nearly half of the employable workforce but not all companies have such high levels of gender parity. As entrepreneurship, once considered 'a man's cup of tea', sees a sea change with many women taking the plunge, these new-age start-ups are seen encouraging female participation.

Women entrepreneurs show

From Lijjat Papad, Amul or other micro-finance funded small home-based businesses, women have been at the forefront but this trend has slowly spilled over to white-collar jobs as well. Of late, women are also making inroads into senior management roles in many businesses.

With startups like Zivame, Embibe, Grabhouse, The Lebel Corp and LimeRoad among others, they are making their presence felt in the online space too.

"The boom of technology, internet, and mobile has only helped Indian entrepreneurs in general to build more scalable businesses. And that has helped women entrepreneurs! And I think that has significantly changed the landscape," talent assessment and analytics platform Jombay Founder Suruchi Wagh said adding 50 per cent of the workforce in Jombay comprises of women.

"Extensive exposure and equal opportunities are increasing the trend of women in India becoming entrepreneurs as they compete with their male counterparts either during the education or during the employment," executive search firm GlobalHunt MD Sunil Goel said.

"We can see many examples of budding women entrepreneurs who are challenging the perception of business being 'a man's cup of tea'.

"These women are breaking the shackles of traditional Indian women and starting a business of their own," Pankhuri Shrivastava Co-Founder Grabhouse.com, a community-based online exchange for finding rented accommodation said.

Around 40 per cent of employees in Grabhouse are women.

Commenting on this, LabourNet, a social enterprise which enables livelihood through vocational education co-founder and CEO Gayathri Vasudevan said, "Nationwide women across various arena are opening up to entrepreneurial opportunities and challenges, as the impetus level from government has dramatically risen with several women oriented schemes and policies."

The glass ceiling mind-set doesn't exist in the new age companies, as compared to large and traditional firms and the ratio of women employees among start-up is encouraging. About 40 per cent of staff at LabourNet are women.

According to a study by CoCubes.com, an online hiring assessment firm 97.2 per cent of women aspire for higher responsibility at work place whereas the percentage of men who were found to be responsible was little less 95.6 per cent.

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Agencies
January 15,2020

New Delhi, Jan 15: A Delhi court on Wednesday granted bail to Bhim Army chief Chandrashekhar Azad in connection with the Daryaganj violence case.

The court has ordered him not to hold any protest in Delhi till February 16th.

While hearing the case, the Judge had asked Azad's counsel to read out some of his social media posts.

Advocate Mehmood Pracha, representing Azad, had on Tuesday said that the petitioner was sent to jail without any evidence in connection with anti-CAA protests in Delhi's Darya Ganj area last year.

"I think the court's comments should become a precedent for the country. The Public Prosecutor at the behest of police tried to make this a communal issue. We told the court that the government has a problem with Azad because he made the CAA-NPR-NRC an issue for everyone. 
The Court also sought evidence," Pracha told ANI after Delhi's Tis Hazari court deferred the bail plea of Azad till today.

On Wednesday, the court pulled up the Delhi Police for failing to show any evidence against Azad.

Azad was arrested on December 21 last year after he led a march from Jama Masjid against the Citizenship (Amendment) Act. He was sent to judicial custody till January 18 at Tihar jail.

The Bhim Army chief was charged with rioting, unlawful assembly and inciting the mob to indulge in violence after vandalism in Delhi's Daryaganj area.

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News Network
March 23,2020

Bengaluru, Mar 23: Indian stocks plunged over 9% on Monday, as the rapidly spreading coronavirus pandemic sent major states including the country's capital into a lockdown amid increasing fears that outbreak could bring world economies to a grinding halt.

The NSE Nifty 50 index slipped 9.17% to 7,937.75 by 0408 GMT, while the S&P BSE Sensex was 9.42% lower at 27,093.24.

Over the weekend in India, the virus drove several companies to shut operations and the government sent states into lockdowns, bringing normal life to a grinding halt.

"Panic has gone up domestically because of the lockdown situation," said Vinod Nair, head of research at Geojit Financial Services.

"There is fear that the situation will not be brought under control soon."

The rupee hit a fresh record low of 76.05 against the dollar, as a flight into cash and worries about tightening liquidity boosted demand for the world's reserve currency.

Meanwhile, global markets crumbled, with MSCI's broadest index of Asia-Pacific shares outside Japan sliding nearly 4% as the global death toll climbed to over 14,000, further battering economic activity, and raising fears of a global recession.

After market hours on Friday, the Securities and Exchange Board of India halved position limits for certain stock futures, restricted short-selling of index derivatives and raised margin rates for some shares to curb "abnormally high" volatility amid the pandemic.

In domestic trading, the Nifty PSU Bank Index plunged 8%, while the Nifty bank index crashed nearly 10%.

The Nifty Auto Index slid 9% after several carmakers over the weekend suspended production due to the virus.

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News Network
May 29,2020

May 29: Over 45,000 stranded Indians were brought back home from abroad under the Vande Bharat mission and another 1,00,000 will be evacuated till June 13, the Ministry of External Affairs said on Thursday.

The mega evacuation mission was launched on May 7.

MEA Spokesperson Anurag Srivastava said the government is also assisting return of stranded Indians from remote locations in Latin America and Caribbean, Africa, and parts of Europe.

"This is being done by taking advantage of foreign carriers flying to India primarily for evacuation of their nationals," he said during an online media briefing.

He said a total of 45,216 Indians were brought back till Thursday afternoon and they include 8,069 migrant workers, 7,656 students and 5,107 professionals.

About 5,000 Indians have returned through land border from Nepal and Bangladesh.

In the first phase of the mission from May 7 to 15, the government evacuated around 15,000 people from 12 countries. The second phase of the evacuation mission was scheduled from May 17 to 22. However, the government has extended it till June 13.

Srivastava said a total of 3,08,200 people have registered their request with Indian missions abroad for repatriation to India on compelling grounds.

"During the phase two, a total of 429 Air India flights (311 international flights + 118 feeder flights) from 60 countries are scheduled to land in India. The Indian Navy will be making four more sorties to bring back returnees from Iran, Sri Lanka and the Maldives," Srivastava said.

The MEA spokesperson said the government is targeting to bring back 1,00,000 people from 60 countries by the end of phase two of the Vande Bharat mission.

"Preparations for third phase of Vande Bharat Mission are well underway," he said.

As per the government's policy for evacuation, Indians having "compelling reasons" to return like pregnant women, elderly people, students and those facing the prospect of deportation are being brought back home.

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