GS Paper 3
Syllabus: Indian Economy: Growth and Development
Source: ILO
Direction: Go through it once. A few points can be noted, but be very selective, since there will be so many such reports.
Context: ILO recently released a report specific to Asia and the Pacific
Key findings:
-
-
- No access to social protection: Almost 53% of the population in the world has no social protection (56% in the Asia-Pacific and in India over 76% (Bangladesh has a higher % of people under social protection) have no social protection)
- Spending on social protection: World average is 12.9% (twelve points nine), while that in India is just 8.6% (eight points six) (Economic Survey 2021-22)
- India’s social security spending: Lower than 5% of GDP per capita.
-
Recommendation: Follow a ‘high-road’ development path and make social protection inclusive.
Basics:
Social protection is designed to prevent deprivation, give assurance of a basic minimum income and protect the individual from any uncertainties.
-
-
- It includes measures related especially to old age, unemployment, sickness, disability, work injury, maternity or the loss of the primary breadwinner.
-
Few Government steps:
Pradhan Mantri Jan Aarogya Yojana (PM-JAY); National Health Policy 2017; Social Security Code 2020; PM Garib Kalyan Ann Yojana (PMGKAY); One Nation One Ration Card; Atmanirbhar Bharat Rozgar Yojana, and MGNREGA
About ILO:
-
-
- ILO is a specialized agency of the United Nations.
- It is the only tripartite UN agency, bringing together governments, employers and workers of 187 member States.
- It sets labour standards, develops policies and devises programmes promoting decent work.
-
Insta Links
Mains Links
Social security is an important topic for GS2, and GS3, as well as essays. Have a ready-made note on different aspects of it.
Q. “The universalization of social security remains an unsatisfied aspiration in the new code on social security”. Critically analyse. (250 Words)
Prelims links
What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas? (UPSC 2014)
- It enables the beneficiaries to draw their subsidies and social security benefits in their villages.
- It enables the beneficiaries in rural areas to make deposits and withdrawals.
Select the correct answer using the code given below.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: C
Both statements are correct
