Why in news?

• The Women in the Boardroom report was recently released by Deloitte Global.
• This is the seventh edition of the report.
• According to the report, women hold only 17.1% board seats in India. However, this has increased. In 2014, it was 9.4%.
• 2014 has been taken as base year of comparison because in 2013, the Companies Act mandated that every board should have at least one woman member.
• The report said that only 3.6% of the chairpersons are women in the country. The women representation in chair positions has come down in the last four years. Globally, the women representation in boards is 19.7%. This has increased by 2.8% as compared to 2018. Between 2016 and 2018, the increase was 1.9%.
• At this pace, the equality in representation all over the world shall be achieved only by 2045.