India Ranks 113 in the World Bank’s Women, Business, and the Law 2024 Index

Current Context: According to the 10th edition of the Women, Business, and the Law (WBL) 2024 report released by the World Bank Group, India has climbed to the 113th place out of 190 countries in the Index, with a score of 74.4%.

• Here are some key points from the report:
• For the first time, WBL assesses the gap between legal reforms and actual outcomes for women in 190 economies.
• The index shows that in India, women enjoy 60% of the legal rights granted to men, which is lower than the global average of 64.2%.
• Despite challenges, India outperforms its South Asian counterparts, where women enjoy 45.9% of the legal protections provided to men.
• The data in WBL 2024 is current as of October 1, 2023, ensuring relevance and accuracy in understanding the contemporary landscape.
• The WBL 2024 report presents two sets of data: WBL 1.0 and an expanded version, WBL 2.01. WBL 1.0 updates its index of 8 indicators such as Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets, and Pension.
• WBL 2.0 presents a new framework for measuring the implementation gap.
• It analyses legal frameworks, supportive frameworks, and expert opinions on the status of women’s rights and introduces 2 new indicators namely Safety, and Childcare.

Question:

Q.1 What is the rank of India in the Women, Business, and the Law (WBL) 2024 report?
a. 100
b. 113
c. 150
d. 190