Daily News Analysis » World Social Protection Report 2021-22

World Social Protection Report 2021-22

Recently, ILO released a report titled ‘World Social Protection Report 2020-22: Regional companion report for Asia and the Pacific’.

Why in the News?

Recently, ILO released a report titled ‘World Social Protection Report 2020-22: Regional companion report for Asia and the Pacific’.

Key Points:

Key Findings:

Global: 

  • Social Protection Benefit: Mongolia, New Zealand, Singapore and Australia have 100 per cent social protection net.
    • As of 2020, only 46.9 % of the global population was effectively covered by at least one social protection benefit.
  • Gender Inequality: Women’s coverage lag behind men’s by a substantial 8 percentage points.
  • Working-age population: 69.4 percent are only partially protected or not protected at all.

India’s Specific:

  • Only 24.4 per cent of Indians, even fewer than Bangladesh (28.4 per cent), are under any sort of social protection benefit.
  • India’s social security spending is Lower than 5% of GDP per capita.

Recommendation:

  • Follow a ‘high-road’ development approach and make social protection more inclusive while supporting greater growth.

What is Social protection:

  • Social protection helps people through the shocks and stresses of life providing income replacement and access to services where they are needed most.
    • It includes measures related especially to old age, unemployment, sickness, disability, work injury and maternity etc.

Few Government steps:

  • Social Security Code 2020
  • PM Garib Kalyan Ann Yojana (PMGKAY)
  • One Nation One Ration Card
  • Atmanirbhar Bharat Rozgar Yojana, and
  • MGNREGA
  • Pradhan Mantri Jan Aarogya Yojana (PM-JAY)

About International Labour Organisation (ILO):

  • 1919: It was established by the Treaty of versailles.
  • 1946: It became specialized agency of the United Nations.
  • It is the only tripartite UN agency which brings together governments, employers and workers of 187 member States.
  • It sets labour standards, develops policies and devises programmes promoting decent work.
  • Headquarters: Geneva, Switzerland.