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Italy's Giorgia Meloni, India's Nirmala Sitharaman listed among world's most powerful women

Italy's Giorgia Meloni, India's Nirmala Sitharaman listed among world's most powerful women

Italy's Prime Minister Giorgia Meloni and India's Finance Minister Nirmala Sitharaman

Italy's Prime Minister Giorgi Meloni and India's Finance Minister Nirmala Sitharaman featured among world's most powerful women of 2023. While Meloni was listed as world's fourth most powerful woman by the Forbes, Sitharaman was ranked at 32nd spot.

Forbes said that its 2023 Power List was determined by four main metrics, "money, media, impact and spheres of influence".

"For political leaders, we weighed gross domestic products and populations; for corporate chiefs, revenues, valuations and employee counts were critical," it said.

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"Media mentions and social reach were analysed for all. The result: 100 women who are shaping the policies, products and political fights that define our world," Forbes wrote.

European Commission President Ursula von der Leyen topped the Forbes List of the world's most powerful women leaders followed by European Central Bank's president Christine Lagarde and the US Vice President Kamala Harris.

Popstar Taylor Swift was listed as the world's fifth most powerful woman in 2023.

Philanthropist Melinda Gates was listed as the tenth most powerful woman in 2023.

Giorgia Meloni fourth most powerful woman leader: Why is it so?

Italy's Prime Minister Giorgia Meloni took office in October 2022 and became the first woman in the modern history to hold that role. The president of Italy's right-wing Brothers of Italy party since March 2014, Meloni's role has been consequential in ensuring Italy's exit from the Chinese expansionist project Belt and Road Initiative (BRI).

She has been unapologetic about saying "yes to natural families and no to the LGBT lobby", deeming the parenting of children by same-sex couples as unnatural, in a row that snowballed into an unprecedented controversy in Europe's liberal landscape.

But her most notable moment of political prominence has been a constitutional reform that she backed in November 2023. The said proposalwould allow for the direct election of the prime minister in a nearly presidential manner.

Nirmala Sitharaman among world's most powerful women leaders: What does it mean?

India's Finance Minister Nirmala Sitharaman figuratively helms over the world's fifth largest economy. After former foreign minister Sushma Swaraj's death in 2019 andtoning down of Union minister Smriti Irani's cabinet portfolios, Sitharaman is themost senior female figure in Prime Minister Narendra Modi's cabinet. Finance Minister since 2019, Sitharaman is a member of Rajya Sabha, the upper house of Indian parliament.

Also watch |Nirmala Sitharaman top ranked Indian woman in Forbes list of Powerful Women 2023

Besides, Roshni Malhotra Nadar (60), Soma Mandal (70)and Kiran Mazumdar-Shaw (76), also feature in the Forbes' list of the world's most powerful women.