McKinsey Report: The Power of Parity. Yashvardhan Kumar Sinha was appointed as the Chief Information Commissioner (CIC). 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. Neighbours China (39), Sri Lanka (86), Bhutan (99), Myanmar (106) were placed above India. World Bank report of 2015 estimates, 42% of Indias population falls below the international poverty line of $1.25 a day; has reduced from 60% in 1980. The richest 5% (around 315 million people) accounted for over a third (37%) of the total growth in emissions. The first edition - the World Inequality Report 2018 - was released in december 2017. World Inequality Report It is published by World Inequality Lab at the Paris School of Economics. Top 10% earners captured 56% of total national income while only 15% of this was shared by the bottom 50%. Context: The World Drug report 2020 was released by the UN Office on Drugs and Crime (UNODC) on the International Day Against Drug Abuse celebrated every year on 26th June. 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. Four parameters for measuring gender inequality are economic participation and opportunity, health and survival, educational attainment and political empowerment. Farmers are protesting against the recently enacted farm laws by converging on Delhis highways connected to neighbouring states. Reports & Index . The first 1,000 days of human existence are an amazing journey. Discuss the reasons for the high and persistent income inequality in the country. The report warns about strong economic risks, deep political NASAs Kepler Space Telescope spent nine years till 2018 on a planet-hunting mission in the Milky Way. The links between poverty, gender inequality and poor nutrition for girls mean that the COVID-19 crisis presents a grave threat to already inadequate progress. Focus of World Employment and Social Outlook Report. The report reveals the extreme carbon inequality in recent decades that has driven the world to the climate brink. Resource mobilisation is a critical function in any economy for ensuring basic facilities to its citizens, and for sustainable growth. This report is on a global scale which showcases the trend in inequality across the world, providing a comparative perspective across countries. Confronting Carbon Inequality -Putting climate justice at the heart of the COVID-19 recovery. It measures income and wealth inequality in a systematic and transparent manner. Question: Which of the following organizations brings out the publication known as World Economic Outlook? The report underlined the need to focus on, The richest 1% alone accounted for over 15% of the, The richest 5% (around 315 million people) accounted for over a third (37%) of the. The figures of income disparity and unemployment are increasing in the country. This report is on a global scale which showcases the trend in inequality across the world, providing a comparative perspective across countries. 24,42,200 crore. In this post, we will discuss important Economy-related reports and indices released by international organizations since the 2018-19. Globally,low-income nations have been more tax-progressive. Prelims. clipping emissions of the richest 10 per cent. Per capita consumption footprints more than 100 times higher than the poorest 50%. India ranks 68th in the Global Competitive Index 2019 while in 2018, India ranked 58th. World Economic Situation and Prospects 2020. It believes that poverty and powerlessness are avoidable and can be eradicated by human action and political will. Before the appointment, he has been serving as an Information Commissioner (IC) in the Central Information Commission since January 1, 2019. At the bottom of the public services pillar ranking. This great divide is based on a flawed and sexist economic system that has accumulated vast wealth and power into the hands of a rich few. GLOBAL 1. Expanding low-carbon sectors like health and social care which overwhelmingly benefit women, low-income and marginalized groups. As expected, the finding has been used by many to argue that the rich should be taxed more to help the poor. World Employment and Social Outlook Trend 2020 Facts. 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. Travel and Tourism Competitiveness Report by WEF. The report underlined the need to focus on clipping emissions of the richest 10 per cent. Please go through the questions below. If you liked this article, then please subscribe to ourYouTube Channel for Daily Current Affairs , Editorial Analysis & Answer writing video tutorials. The report forecasts that it may take 202 years to close the gender gap in economic opportunity; Daily Current Affairs IAS | UPSC Prelims and Mains Exam 10th December 2019 This great divide is based on a flawed and sexist economic system that has accumulated vast wealth and power into the hands of a rich few. Income inequality shocking in India. The report was released by World Inequality Lab (WIL), an organisation that aims to promote research on Read More. In the Gender Inequality Index (GII), India is at 122 out of 162 countries. THE ERA OF EXTREME CARBON INEQUALITY The richest 10% of humanity accounted for 52% of the cumulative emissions, depleting the global carbon budget for 1.5C by nearly a third (31%). The World Inequality Report updates and extends the famous elephant curve, showing slower gains for much of the globe, and even more concentration of economic growth in the top 1 percent. Were dedicated to giving you the very best of the fruitful summary, with a focus on current affairs, only useful information, and of course, time saving information excerpts from daily newspaper articles. Report also identified India as the 3.8 billion people across the world national income while 15 Budgets on health Observation Satellite EOS-01 and nine customer satellites policies on services. ) holds special significance for India synonymous with UPSC civil services exam preparation Development Solutions.. 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