Biocon Chairperson Kiran Mazumdar-Shaw strongly reacted to a video discussing the 'Pink Tax,' a term used by the World Economic Forum to describe gender-based price discrepancies. This inequality is notably observed in personal care items like razor blades, soaps, lotions, and deodorants. The video features Dr. Arora highlighting how women often pay more for products in the same category compared to men, leading to the concept of 'pink tax.' He points out various examples across industries, emphasising that women are charged higher prices for similar products marketed towards men.
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