Mains Question:
Question: Explain how the Post-covid world is facing increased unemployment and income inequality crisis? Also suggest measures and remedies in your opinion to overcome this crisis.
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Question Mapping
- Subject: Economy (GS-III)
- Sub-topic: Inclusive growth and issues arising from it.
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- Introduction: Briefly write about the latest ILO report and its recent findings.
- Explain how income inequality and unemployment is rising in post-covid world.
- Substantiate the situation of India with report findings.
- Enumerate the measures and remedies like increase of spending in welfare schemes, etc.
- Conclude with highlighting of overcoming of labour crisis through resolving socio-economic issues and achievement of SDG- 10.
Context:
There seems to be a collective effort to change the basic structure of the Climate Treaties where de-carbonization of arbitrarily selected sectors has to be discouraged.
Missing elements of Climate Negotiations
- Unawareness: Citizens in developed countries are not even aware that two-thirds of their national emissions of carbon dioxide come from their diet, transport, and commercial sectors.
- Need for fossil fuels: Global well-being will be followed by the urbanization of the developing country and it will be requiring fossil fuels to achieve comparable levels.
- Essential Emissions: As late urbanizers, developing countries need vast quantities of cement and steel for infrastructure creation, thus resulting in essential emissions.
Politics, not Science
- Questionable Climate Laws: In the climate negotiations, areas of interest to developing countries are not covered or sparsely covered, while other areas are over-regulated.
- Environmental Aggressor: We must see ourselves not only as victims of environmental degradation but as aggressors and change our patterns of consumption and production.
- Politically acceptable solution: Long-range planning to cope with global environmental problems can be achieved by a systematic reduction in per-capita production of goods and services.
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