The government informed the Parliament on Tuesday that nearly 11.6 lakh women directors are currently associated with public and private companies in the country. The government continues to encourage women’s participation in decision-making at various levels in enterprises across the spectrum.
Minister of State for Corporate Affairs Harsh Malhotra told the Rajya Sabha in a written reply that while 11,11,040 women are directors in private companies (including OPCs), 46,939 are associated with unlisted public companies and 8,672 with listed public companies.
The MCA has included several provisions in the Companies Act, 2013, to boost women’s participation at top levels in companies, like making it mandatory for prescribed classes…