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Quotas for women to reduce Gender Discrimination and to help them advance in Leadership Positions

The government is also committed to 33 per cent reservation in Parliamentary and State assemblies for women through a Constitutional amendment

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Quotas for women
Women empowerment, wikimedia

New Delhi, Jan 13, 2017: In an attempt to reduce gender discrimination Union Minister Anupriya Patel today favoured establishing quotas for women. This will help them compete in mixed-gender environments and advance in leadership roles. This step is taken keeping in mind that companies and public offices with women at senior positions tend to do better.

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While mentioning the other details she also said that the government is also committed to 33 per cent reservation in Parliamentary and State assemblies for women through a Constitutional amendment.

The Minister of State for Health and Family Welfare said here at an Assocham event that “Research has shown that companies perform better during economic turbulence when they have women on their boards, and communities with women in public offices have greater investment in public goods.”

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Patel said that one of the effective ways to help women advance in leadership positions and enhance their decision-making role “could be establishing quotas,” although she did not specify the areas for establishing the quotas to women.

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This can increase “women’s willingness to compete in competitive mixed-gender environments resulting in more qualified candidates, men and women alike, applying for competitive positions,” said Patel, who herself is an SRCC (Shri Ram College of Commerce) Graduate from Delhi University.

“Also, modelling female leadership can go a long way,” she added while addressing the BIMSTEC-SAARC Women’s Economic Forum organised by Assocham.

In order to build a stronger economic life across all sectors and achieve internationally agreed goals for development and sustainability, Patel has favoured this decision for empowering women.

 – prepared by Saptaparni Goon of NewsGram. Twitter: @saptaparni_goon

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Sony Mobile Exit India Market Owing to Hyper- Competition

Sony Mobile would continue to monitor the market situations and business feasibility in the country

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Sony Mobile, India
the pressure from Chinese brands and Samsung in the major price segment resulted in continuous decline of sales for Sony. Pixabay

Facing stiff competition from Chinese and South Korean players, Japanese conglomerate Sony Corporation has announced to quit the Indian smartphone market.

Sony had less that 0.01 per cent of the total Indian smartphone market share in the first quarter of 2019, according to Counterpoint Research.

Sony Mobile, however, said that it would continue to monitor the market situations and business feasibility in the country.

“Our focus markets are Japan, Europe, Hong Kong and Taiwan to drive profitability and future prospects in the 5G era,” Sony Mobile said in a statement on Wednesday.

Sony Mobile, India, Market
Sony Corporation has announced to quit the Indian smartphone market. Pixabay

“We have ceased sales in Central and South America, the Middle East, South Asia, Oceania, etc. in FY 18,” it added.

The company assured that it would continue its customer support operations including after sales support and software updates for existing customers in India.

The India smartphone market is currently dominated by Chinese players like Xiaomi, OPPO, Vivo and OnePlus among others, besides South Korean tech giant Samsung.

According to Shobhit Srivastava, Research Analyst, Mobile Devices and Ecosystems, Counterpoint Research, the pressure from Chinese brands and Samsung in the major price segment resulted in continuous decline of sales for Sony.

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“With declining sales in India and other markets, Sony took the right decision to focus on the high ASP (average selling price) markets such as Japan,” Srivastava told IANS.

Sony India in July last year brought its flagship “Xperia XZ2” smartphone for Rs 72,990 to India that turned out to be its last launch.

“In a cut-throat market like India where Chinese smartphone brands rule the roost with industry-leading specs and having over 60 per cent market share, it’s tough for other brands to garner a meaningful revenue share. Sony has had a very miniscule market share in India,” Prabhu Ram, Head, Industry Intelligence Group (IIG), CMR, told IANS.

For Sony, the performance of its mobile business has lacked the sheen, and has been a clear outlier compared to its other divisions.

Sony Mobile, India, Market
Sony had less that 0.01 per cent of the total Indian smartphone market share in the first quarter of 2019. Wikimedia Commons

“It makes sense for it to cut its losses and refocus on other verticals,” Ram added. (IANS)