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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News Network
April 8,2020

New Delhi, Apr 8: The Supreme Court on Wednesday suggested that all tests to identify coronavirus positive patients should be conducted free of cost and asked the Central government to look into creating a mechanism for providing reimbursement for the same.

A bench headed by Justice Ashok Bhushan, while hearing a PIL via video-conferencing, suggested that the test should be conducted free of cost in the identified private laboratories and said that the court will pass appropriate order on the matter.

The apex court was hearing a PIL filed by lawyer and petitioner Shashank Deo Sudhi seeking direction to the Centre and other respective authorities to provide free of cost the testing facility for COVID-19 to all citizens in the country.

Solicitor General Tushar Mehta submitted that 118 laboratories were doing 15,000 test capacity per day and added that 47 private laboratory chains have also been involved for the same.

During the hearing, the court asked the Centre to ensure private labs don't charge a high amount for the test and suggested that the government can create an effective mechanism for reimbursement from the government for tests.

Mehta said that they will look into the suggestion and will try to devise what can be done best.

Sudhi, on the other hand, submitted that testing of coronavirus is very expensive and therefore the Central government should take all necessary steps to provide free of cost the testing facility for COVID-19 kits and others to all citizens in the country.

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Agencies
May 27,2020

New Delhi, May 27: The government has further extended the deadline for bidding to buy its entire 52.98 per cent stake in the country's second-biggest oil refiner, Bharat Petroleum Corp Ltd (BPCL), by over one-and-a-half months to July 31.

This is the second extension for submission of expression of interest (EoI) for BPCL stake by interested bidders. The government had first invited bids showing interest in buying its stake, by May 2. It was then extended till June 13.

This has now been extended to 5 p.m. on July 31 in "view of further requests received from the interested bidders and the prevailing situation arising out of COVID-19", an official notice put up by disinvestment department DIPAM late on Tuesday said.

Accordingly, the last date for submission of written queries or preliminary information memorandum has been pushed back to June 23 from the earlier deadline of May 16.

The disinvestment in BPCL involves the government selling its entire 52.98 per cent stake in the company to a strategic investor with transfer of management control. The government has barred PSUs from bidding for BPCL and expects private sector Indian players and global MNCs to bid for its stake. The government's stake in BPCL is worth around Rs 50,000 crore.

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News Network
January 9,2020

New Delhi, Jan 9: The Union government has removed the central security cover of Tamil Nadu Deputy Chief Minister O Paneerselvam and DMK leader M K Stalin, officials said on Thursday.

They said while Paneerselvam had a smaller 'Y+' cover of central paramilitary commandos, Stalin had a larger 'Z+' protection.

The security cover of these two politicians has been taken off from the central security list after a threat assessment review was made by central security agencies and approved by the Union home ministry, they said.

Central Reserve Police Force (CRPF) commandos were protecting these two leaders of Tamil Nadu.

However, they said, the central security cover will be formally taken off after the state police takes over their security task, they added.

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