Table of Contents
World Social Protection Report 2017- International Labour Organisation
- Could also be viewed as a blueprint for action by political parties of the mainstream.
• 1)-Risks such as ill health,
• 2)-Unemployment,
• 3)-Occupational injuries,
• 4)-Disability, and
• 5)-Old age. - Vast majority of people (4 billion) live without any safeguard
- Less than half (45.2%) have guaranteed access to only one social protection benefit
- More than half the population in rural areas are not covered by universal health programmes,
- As compared to less than a quarter in urban locations.
- Goal of comprehensive social security coverage remains a mere slogan in many parts of the world.
- Public investment in social security is critical to eradicate poverty, boost economic growth, and reduce inequality.
- Targets under the 2030 Sustainable Development Goals
- To meet the 2025 target of eradicating child labour.
- Only 27.8% of persons with severe disabilities worldwide receive appropriate support.
- Levels of support are not adequate enough even to lift people out of poverty,
- Universal coverage is beyond the reach of poor countries.
- Government’s recent budget a precondition for $2.9
billion loan from the IMF. - Lower petrol subsidies and higher taxes on cars and utilities are among the measures proposed to reduce the •fiscal deficit, currently at
6% of GDP, to 4.9% by the year-end. - Further fuelling anger are the 25% youth unemployment rate, twice national average
- Tourism- sectors worst – hit
- Recent years and the 2015 terrorist attacks.
- Police action have, understandably, led to comparisons withTunisia’s 2011
- European Union nations in particular have an interest in promoting political and economic stability, in the light of migrant outflows from North Africa to the continent.
Problem of plenty
- Agricultural policy should look to address the problem of severe price fluctuations
- Last few weeks,across India price of potatoes has fallen sharply after a year of bumper production.
- Kilogram of potato dropping as low as under a rupee in certain wholesale markets
- Many distressed farmers have left their produce to rot on the roads, and in cold storage facilities
- Potato prices were many times higher just months ago amid scarce supply
- Last year price other produce like red chilli, tur dal and tomato witnessed a similar trend of steep falls compared to the previous season
- Cycle repeats each passing year
- Cobweb phenomenon- Supply and demand
- Prices comes against the backdrop of a slowdown in the rural economy.
- According to advance GDP estimates released by the government last week, farm growth is expected to drop from 4.9% in 2016-17 to 2.1% in 2017-18
- States go to polls, local governments could turn towards populism to satisfy their rural voter base.
1)- Farm loan waivers,
2)-A higher minimum support price for farm produce, or
3)-Some combination of the two - Next Union budget may well be focussed on the rural economy
- Such relief measures that temporarily ease the pain on farmers
- Any permanent solution to the problem of agricultural distress will have to deal with the challenge of price fluctuations.
- Need to give farmers not just a better, but also more stable, return on their crops.
Prelims Focus Facts-News Analysis
- Page-1,9- Deepak Unnikrishnan winsThe Hindu Prize
- Deepak Unnikrishnan, a teacher at NewYork University Abu Dhabi, wonThe
Hindu Prize, 2017, for his novel Temporary People, a book that was described as bringing a “keen insight into the heartrending plight of the „guest workers‟ in the UAE.” - Page-1-
- Page-1- Face recognition for Aadhaar validation
- The Unique Identi•cation Authority of India (UIDAI) said on Monday that it would enable Aadhaar authentication using face recognition from July 1.
- existing mode of authentication such as •fingerprint, iris or one-time password (OTP).
- Page-1,13- Israel seeks „big data‟ from India
- Israel proposed to track individual Indian farmers, even as both sides joined hands to use a similar data-driven method to fight cyber crimes.
Page-1– No puja without helmet, temple priests tell bikers
- Odisha police rope in pujaris at the highly revered Maa Sarala temple to enforce helmet rule.
- Page- China slams Rawat’s statement
- SaysArmy chief ’s comments do not conform to the spirit of Xiamen talks
- During last week’s press conference, Gen. Rawat said India needed to shift its military focus from its western border with Pakistan to its northern border with China.
- He had observed that if China was strong, India was not
weak either.