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NSE Firms' Gender Gap: 48% Have No Women Key Managers, Formal Workforce Share at 18% (2026 Study)

Target:UPSC GS-IIIMPSCSSC GATeachingPrelims HighMains MediumStatic GK Link
01 May 2026
~2 min
Source: The Hindu
Key Data:48%0.64 women per company18%21% to 12%19% to 23%₹18,000 per month
Bodies:National Stock Exchange (NSE)Udaiti Foundation
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What This Article Covers

1.A study by the Udaiti Foundation finds 48% of 2,647 NSE-listed firms have no women in Key Managerial Positions (KMPs), with an average of only 0.64 women per company.

2.Women's share in the formal workforce remained at 18% in 2024-25, a 1 percentage point drop from 2020-21, and their share in higher-paid jobs (earning >₹18,000/month) fell sharply from 21% to 12%.

3.The trend indicates a structural issue where women are being excluded from high-paying roles and concentrated in lower-wage positions, raising questions about corporate governance and inclusive growth.

The Big Picture
Prelims · HighMains · Medium

A 2026 study reveals a stark gender disparity in corporate India. Nearly half of NSE-listed companies have zero women in key managerial roles, and women's representation in the formal workforce is stagnant at 18%. Alarmingly, women are being disproportionately concentrated in lower-wage formal jobs, indicating a 'glass ceiling' effect.

Exam Lens

Quick Exam Facts From News

NSE Firms with No Women KMPs48%
Average Women KMPs per NSE Firm0.64
Women's Formal Workforce Share (2024-25)18%
Women in High-Wage Jobs (>₹18k/month) 2024-2512%

1-Minute Revision

  • ›NSE Firms with No Women KMPs: 48%
  • ›Average Women KMPs per NSE Firm: 0.64
  • ›Target this Data: 48% of NSE firms have no women Key Managerial Personnel (KMPs).
  • ›Target this Data: Women's formal workforce share is 18% (2024-25).
  • ›Target this Nodal Body: Udaiti Foundation (conducting NGO).
  • ›Target this Legal Point: Code on Wages, 2019 (defines wage brackets).

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Q1Static LinkageEasy

The study on gender diversity in NSE-listed firms was conducted by which non-profit organization?

Q2Statement-basedHard

Consider the following statements regarding the findings of the Udaiti Foundation study on gender diversity:

1. Women's representation in India's formal workforce increased to 20% in 2024-25.

2. The share of women among formal workers earning more than ₹18,000 per month increased between 2020-21 and 2024-25.

3. On average, there were 0.64 women in Key Managerial Positions per NSE-listed company in 2024-25.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the Udaiti Foundation study (2026), what percentage of companies listed on the National Stock Exchange (NSE) had no women in Key Managerial Positions?

Q4Application/ImpactMedium

What is the primary implication highlighted by the trend where women's share in lower-paid formal jobs rose from 19% to 23%, while their share in higher-paid jobs fell from 21% to 12%?

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