CURRENT AFFAIRS

Detailed explanation-1: -Iceland became the first country in the world to enforce equal pay for women and men.

Detailed explanation-2: -Iceland has once again been named the most gender equal country, topping the World Economic Forum’s Global Gender Gap Report 2022. The Nordic country has closed more than 90% of its gender gap – and tops the ranking for the 12th year in a row, out of a total of 146 economies in the 2022 Global Gender Gap Index.

Detailed explanation-3: -New Zealand-New Zealand was the first country to bring pay parity in cricket in July 2022. Both international and domestic level-women players will receive the same match fees as men across all formats and competitions.

Detailed explanation-4: -On average, women, are paid about 20 per cent less than men, globally. While individual characteristics such as education, working time, occupational segregation, skills and experience, explain part of the gender pay gap, a large part is due to discrimination based on gender.