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Unpaid work done by women across the globe amounts to a staggering USD 10 trillion a year, which is 43 times the annual turnover of the world's biggest company Apple, an Oxfam study said on Monday, 21 January.
In India, the unpaid work done by women looking after their homes and children is worth 3.1 percent of the country's GDP.
The report, released by the international rights group before the start of the World Economic Forum (WEF) Annual Meeting in this Swiss ski resort town, also said women and girls are hardest hit by rising economic inequality, including in India.
The paid work women do bring them less earnings as compared to men due to the existing wage gap and therefore households that rely primarily on female earners tend to be poorer, it said, referring to the country's gender pay gap at 34 percent.
It observed that various intersections of caste, class, religion, age and sexual orientation have further implications on women inequality as a process.
The Oxfam study also referred to India's poor 108th ranking on the WEF's Global Gender Gap Index of 2018, saying it was 10 notches less than in 2006 and far below the global average and behind its neighbours China and Bangladesh.
Oxfam said India has many laws that deal with violence against women, but their implementation remains a challenge due to a deeply patriarchal society.
Oxfam said a large majority of women are in the informal sector that does not have any formal mechanisms for dealing with sexual harassment. Consequently, where there is an option, women drop out of the labour force, else continue under exploitative conditions.
Citing a 1,000-household survey undertaken in the states of Bihar, Jharkhand, Chhattisgarh and Uttar Pradesh, Oxfam said 53 percent of those surveyed said it was acceptable to harshly criticise a woman if she failed to care well for the children and 33 percent felt it was acceptable to even beat a woman for this reason.
Similarly, 60 percent felt it was acceptable to harshly criticise a woman if she left a dependent or ill adult unattended and 36 percent felt it was acceptable to beat her for the same reason.
Also, 41 percent felt it was acceptable to beat a woman if she did not prepare a meal for the men in the family while 68 percent felt it was acceptable to criticise her harshly.
Besides, 42 percent said a woman should be beaten if she failed to fetch water or fuel wood for her family and 65 percent felt she deserved to be criticised harshly.
Observing that these issues put severe restrictions on women's ability to go out and undertake paid work, Oxfam said women's ability to undertake paid work is not merely determined by economic considerations but also by social norms.
The study also found that cutting taxes on wealth predominantly benefits men who own 50 percent more wealth than women globally, and control over 86 percent of corporations.
Conversely, when public services are neglected, poor women and girls suffer most.
"Girls are pulled out of school first when the money is not available to pay fees, and women clock up hours of unpaid work looking after sick relatives when healthcare systems fail," it said.
Oxfam International Executive Director Winnie Byanyima, one of the key participants at the WEF summit, said, "While corporations and the super-rich enjoy low tax bills, millions of girls are denied a decent education and women are dying for lack of maternity care."
Oxfam is part of the Fight Inequality Alliance – a coalition of social movements, environmental groups, women's rights groups, trade unions and NGOs.
The alliance is organising events in over 30 countries from 18-25 January, around the same time as the WEF meet in Davos.
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