‘Shameful Gender Bias’ Pharma Company Chairperson Raises Voice Against Pink Tax

Next time you happen to visit the grocery store, check out the aisle that stores personal care products for men and women. Chances are that you will find that women’s products cost more than men’s products – from deodorants to razors. And there aren’t many differences between the two products, besides their packaging. This phenomenon is called ‘Pink Tax’. However, it is not an actual tax that is imposed on these products by the government but it is the overall situation.

To explain it further, Pink Tax refers to the phenomenon where products marketed specifically to women are priced higher than similar products marketed to men, despite the absence of any significant differences in the ingredients or quality. This pricing disparity can be found across various categories such as personal care products, clothing, and services.

Representational image

Why is this a problem?

The Pink Tax is a form of gender-based pricing discrimination, reinforcing stereotypes and perpetuating economic inequality between men and women. Advocates for gender equality have called for increased awareness and efforts to eliminate such pricing discrepancies.

Kiran Mazumdar-Shaw, the Executive Chairperson of Biocon Limited, a biopharmaceutical company, took to X to share a video explaining Pink Tax with examples and advocating against it. She called it a “shameful gender bias” and urged women to shun such products.

In the video, we clearly see the pricing discrepancies between men and women’s products, from lip balm to a plain cotton white t-shirt from H&M. Have a look at the video here:

This was a revelation for several people online who raised their voices against this sort of discrimination. Here’s what some of them said:

What are your views regarding this issue?

📣 Storypick is now on Telegram! Click here to join our channel (@storypick) and never miss another great story.