Women in the boardroom: Public-private gap widens
Business Standard|March 08, 2024
March As India celebrates International Women's Day on Friday, the number of women in public sector boardrooms has shrunk in the past one year.
ASHLI VARGHESE
Women in the boardroom: Public-private gap widens

Women hold only 19 per cent of total directorships in the private sector and 14.3 per cent in the public sector for Nifty 500 companies as of March 6, shows data from primeinfobase.com.

Though previous years have been worse, the 472 basis points gap is wider than 2023 (385 basis points). One hundred basis points is one per cent. Women are also less likely to head key board committees, according to the latest numbers shared by primeinfobase.com, which tracks the capital market.

Women occupied 40 additional private sector company directorships, going up from 759 in March 2023 to 799 as per the latest available 2024 figures. This took their share of total directorships from 18.56 per cent to 19.01 per cent. The number for public sector directorships dropped from 85 to 84 in the same period. The public sector share accordingly declined from 14.7 per cent to 14.3 per cent (chart 1).

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