Gender Balancing through Doctrine of Equity as Safety Net in Financial Crisis: An Indian Perspective

The balancing between ‘Men’ and ‘Women’ is sine qua non for sustainability of human race. The present world scenario is tilted in favour of men endangering sustainability of human race. The angle of this tilt might vary from one society to another but majorly it is unbalanced. This hinders social, economic and political participation of women; an important half of world population. For sustainable social and economic development, participation of women in political process is indispensable. There are many reasons for non-participation ranging from sheer ignorance and helplessness to apathy towards it. But without ensuring active participation of this 'half' in political & economic process, sustainable and cohesive society is a day dreaming. Legislation and legal provisions are instruments to create enabling environment for women to participate in political process and economy. Empowerment flows from rights. This paper discusses position of women in India, comparing gender gap with the rest of the world and critically analyze pro-women legislations if has acted as safety net in 2008 global financial crisis.