India suffers from huge gender pay gap: Study

India suffers from huge gender pay gap

Recent report mentioned that the gender pay gap in India stands at 27%. As per the report in India men earn a median gross hourly salary of Rs 288.68 while women get Rs 207.85 per hour. The lowest gender pay gap was found in the banking, financial services & insurance (BFSI), transport sectors and manufacturing sectors. Each every sector including IT services , health care, caring services, social work; education, research; financial services, banking, insurance; transport, logistics, communication; construction and technical consultancy; manufacturing and legal and market consultancy, and business activities are analyzed to know about the gender pay gap. The reasons for gender gap might be could be the preference for male workers over female employees, and preference given to male employees when it comes to promotions to supervisory positions. The report mentioned that career breaks that women take for parenthood duties and other socio-cultural factors as reasons for the pay gap.

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