The Election Commission (EC) has now approached the government to permit Non-Resident Indians (NRIs) to cast their votes through postal ballots. Yashvardhan Kumar Sinha was appointed as the Chief Information Commissioner (CIC). Income inequality shocking in India. It believes that poverty and powerlessness are avoidable and can be eradicated by human action and political will. If you liked this article, then please subscribe to our YouTube Channel for Daily Current Affairs , Editorial Analysis & Answer writing video tutorials. By developing this report, the World Inequality Lab seeks to fill a democratic gap and to equip various actors of society with the necessary facts to engage in informed public debates on inequality. Joe Biden was recently elected the 46th President of the United States. The report reveals the extreme carbon inequality in recent decades that has driven the world to the climate brink. Oxfam Report. About: Global Wealth Report. India has successfully launched its latest Earth Observation Satellite EOS-01 and nine customer satellites. 24,42,200 crore. The summit meeting was attended by the prime ministers of all other member-states – except India and Pakistan. 19. This report is on a global scale which showcases the trend in inequality across the world, providing a comparative perspective across countries. According to a report by the Johannesburg-based company New World Wealth, India is the second-most unequal country globally, with millionaires controlling 54% of its wealth. GLOBAL 1. World Happiness Report 2019: SDSN-Sustainable Development Solution Network: The Global risk report 2019: WEF (World Economic Forum) Widening Gaps – India Inequality Report: Oxfam India: Multidimensional Poverty Status: Oxford: World Economic Outlook 2019: IMF (International Monetary Fund) World Employment and Social Outlook Trends 2019 The World Happiness Report. If gender gap is filled by 2025 then Indian GDP could increase by 60%; Gender inequality in India is extremely high at the workplace and in terms of legal protection and political voice. Living Planet Report 2020. As expected, the finding has been used by many to argue that the rich should be taxed more to help the poor. Previous Post Previous Insights into Editorial: Countering growing inequality. The Government of India has relaxed visa restrictions for international passengers — barring electronic, tourist and medical visas — with immediate effect. The headline finding of the report is that most economies are failing to provide the conditions in which their citizens can thrive, often by a large margin. The report signifies partly changing the profile of global poverty by creating millions of “new poor.” UPSC CSE Mains Result 2019 . January 21, 2020 Next post. Most workers earn less than half of the minimum wage and. Global Highlights:. To grasp this, consider the reported finding that the top 1% of income earners received 6% of the total income in the early 1980s, close to 15% of it in 2000, and receives 22% today. 2. The Americas continue to report high homicide rates. IASbhai will use the information you provide on this form to be in touch with you and to provide updates and marketing. Updated on 27 June, 2020. Most of the countries near the top of the index are OECD countries. It measures income and wealth inequality in a systematic and transparent manner. The report thus called for a root-and-branch detoxifying of human behaviour. The Global Gender Gap Report, 2018, ranks India at 142 among 149 countries. India’s position: India’s rank- 129. Raising resources through variety of taxes has been a tool used by governments all over the world for centuries. Main objective of organisation was to work together for reducing poverty and injustice. Editorial Analysis: Answering farmers’ knock, Char Dham road project vital to national security, govt tells SC, EC ready to allow postal ballots for NRIs, At SCO, India slams Pak for using terror as state policy, PM reviews projects worth Rs 1.41 lakh crore at 33rd PRAGATI meeting, Editorial Analysis: How India can benefit from SCO, India successfully launches earth observation satellite EOS-01, Our galaxy holds at least 300 million potentially habitable planets: Study, Sinha takes charge as CIC; 3 ICs take oath, Editorial Analysis: Sustainable agriculture: Incentivise ecosystem services, Conservative bidding in phase 1; low revenue sharing welcomed, In a mirror of economy, agricultural exports grow amid overall decline, Editorial Analysis: Nutritional security: Getting it right in the first 1,000 days, Cabinet nod to programme for maintaining, improving 736 dams, Editorial Analysis: Get taxation right for mobilising resources, Steady dip in urban unemployment rate before lockdown, finds survey, Editorial Analysis: Co-op hospitals a good idea but expanding healthcare will need govt to invest a lot more, The index doesn’t aim to measure inequality, instead it, As a result, many have faced death and destitution (extreme poverty), and. The report presents new estimates of COVID-19’s impacts on global poverty and inequality. India’s agricultural exports are up 4.6% year-on-year in dollar terms during April-September, even while the overall goods exports saw a decline. Share on Share on Copy Link . NASA’s Kepler Space Telescope spent nine years till 2018 on a planet-hunting mission in the Milky Way. Expanding low-carbon sectors like health and social care which overwhelmingly benefit women, low-income and marginalized groups. The grouping comprises: India’s strategic partner and friend, Russia. It begins with conception as a single cell and continues through the embryonic, foetal, and postnatal periods, including infancy and toddlerhood, through a process of rapid, complex and dramatic development & differentiation. GS2 Social issues & Justice × Link copied. It also states that economic inequality is out of control and has created a great divide in the world. India ranks 68th in the Global Competitive Index 2019 while in 2018, India ranked 58th. The focus of the 2019 Report is on ‘Inequality in Human Development’. The report generally tracks both the growth and distribution of wealth – in terms of the numbers of millionaires and billionaires and the proportion of wealth that they hold. This means that they are collecting closer to the amount they should be collecting. The Prime Minister chaired the 33rd interaction involving Central and State governments through PRAGATI ICT platform, and gave important directions. The World Social Report 2020 examines the impact of four such megatrends on inequality: technological innovation, climate change, urbanization and international migration. These UPSC Notes on income inequality in India and related problems are aligned with the UPSC Syllabus and aspirants should prepare this topic for General Studies Paper I. Amidst the global health and economic crises, the climate crisis continues to grow. 21 January, 2020 ECONOMIC INEQUALITY The report, titled Time to Care: Unpaid and Underpaid Care Work and the Global Inequality Crisis was … It also states that economic inequality is out of control and has created a great divide in the world. SRC: Outlook. According to US space agency NASA, our Milky Way galaxy is filled with 300 million potentially habitable planets. It measures income and wealth inequality in a systematic and transparent manner. This, is calculated by adding up the value of financial assets (such as money) and real assets (such as houses) and then subtracting any debts an individual may have. It shows that only 26 out of 158 countries were spending a recommended 15% of their budgets on health. Check it by the numbers and take action. NIVAR Cyclone made a landfall 30 km north of Puducherry and 115 km south of Chennai on the night of 25th November. India’s per capita emissions were a fraction of not just the EU (6.78 tCO2 / person). 5 shocking facts about extreme global inequality and how to even it up. Read In-depth analysis of all the Editorials here News: Oxfam Inequality report 'Public Good or Private Wealth' reflects the gap between the rich and poor in this world. Confronting Carbon Inequality -Putting climate justice at the heart of the COVID-19 recovery. The logic is that the … Continue reading World Inequality Report 2018 The most urgent policy measures include a global commitment and funding to ensure that COVID-19 vaccines will be free to all countries. The Shanghai Cooperation Organisation (SCO) holds special significance for India. It also tracks the status of inequality around the world. It seeks to fill a democratic gap and to equip various actors of society with the necessary facts to engage in informed public debates on inequality. UPSC had tested the knowledge of aspirants about the names of reports published by various organisations in Civil Services Examination Prelims 2014 and Civil Services Examination Prelims 2015. The report reveals the extreme carbon inequality in recent decades that has driven the world to the climate brink. Daily Current Affairs IAS | UPSC Prelims and Mains Exam – 18th December 2019. World Inequality Report It is published by World Inequality Lab at the Paris School of Economics. The world currently throws away a third of all food produced; … When public services are neglected, poor women and girls suffer most.E.g: Girls are pulled out of schoo… The report further notes that global inequality has declined in recent years, domestic inequality has risen in many countries. Mains level : Happiness as a measure of progress . Pandemic-related job losses and deprivation worldwide are hitting already-poor and vulnerable people hard. Post navigation. Key Highlights of Global Nutrition Report 2020. The logic is that the … Continue reading World Inequality Report 2018 Resource mobilisation is a critical function in any economy for ensuring basic facilities to its citizens, and for sustainable growth. However, even the top-performing countries can do much more than what they are doing currently. Ever since the beginning of the Green Revolution in the mid-1960s, India has been supporting its farmers through input subsidies and minimum support prices of important crops. The report underlined the need to focus on clipping emissions of the richest 10 per cent. December 3 is marked by the United Nations as the International Day for Persons with Disabilities (PwD), to promote a more inclusive and accessible world for the differently-abled and to raise awareness for their rights. News For UPSC Aspirants . Download the PDF of India's Global Indices ranking 2019. Neighbours China (39), Sri Lanka (86), Bhutan (99), Myanmar (106) were placed above India. Context: India has ranked 112th among 153 countries in the annual Global Gender Gap Index for 2020, The Report was published by the World Economic Forum (WEF) recently. It is an annual report that summarizes the labour market performance around the world. The richest 5% own 68.6%, while the top 10% have 76.3%. World Inequality Report 2018 The World Inequality Report 2018 released by the World Inequality Lab last week says that income inequality in India has increased since economic liberalisation. For PRELIMS just note the publisher’s name and the key observations in your Prelims book. The "elephant graph" created by Christoph Lakner and Branko Milanovic in a 2013 World Bank paper has become perhaps the most talked-about chart in international economics over the past few years. 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