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Sustainable Development Goal 8

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SDG 8: Decent Work and Economic Growth
Presented by, Mohit Kr. Pandey & Soumyadeep Arinda

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What is Decent Work?
According to the International Labor Organization (ILO),
decent work involves opportunities for work ...

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Determinants of Economic Growth
Macro Determinants
• Rupee vs Dollar
• Fiscal Deficit
• Tax per GDP
• Inflation
• Import a...

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Sustainable Development Goal 8

  1. 1. SDG 8: Decent Work and Economic Growth Presented by, Mohit Kr. Pandey & Soumyadeep Arinda
  2. 2. What is Decent Work? According to the International Labor Organization (ILO), decent work involves opportunities for work that are productive and deliver a fair income, security in the workplace and social protection for families, better prospects for personal development and social integration, freedom for people to express their concerns, organize and participate in the decisions that affect their lives and equality of opportunity and treatment for all women and men. What is Economic Growth? Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.
  3. 3. Determinants of Economic Growth Macro Determinants • Rupee vs Dollar • Fiscal Deficit • Tax per GDP • Inflation • Import and Export Micro Determinants • Per capita income(or expenditure) • HDI • Jobless growth • Inequality • poverty
  4. 4. Indicator 8.1.1 Annual growth rate of real GDP per capita Indicator 8.2.1 Annual growth rate of real GDP per employed person Indicator 8.3.1 Proportion of informal employment in non- agriculture employment, by sex Indicator 8.4.1 Material footprint, material footprint per capita, and material footprint per GDP Indicator 8.5.1 Average hourly earnings of female and male employees, by occupation, age and persons with disabilities Indicator 8.5.2 Unemployment rate, by sex, age and persons with disabilities Indicator 8.6.1 Proportion of youth (aged 15–24 years) not in education, employment or training Indicator 8.7.1 Proportion and number of children aged 5–17 years engaged in child labor, by sex and age Indicator 8.8.1 Frequency rates of fatal and non-fatal occupational injuries, by sex and migrant status Indicator 8.8.2 Increase in national compliance of labor rights (freedom of association and collective bargaining) based on International Labor Organization (ILO) textual sources and national legislation, by sex and migrant status Indicator 8.9.1 Tourism direct GDP as a proportion of total GDP and in growth rate Indicator 8.10.1 Number of commercial bank branches and automated teller machines (ATMs) per 100,000 adults Indicator 8.a.1 Aid for Trade commitments and disbursements Indicator 8.b.1 Total government spending in social protection and employment programs as a proportion of the national budgets and GDP Indicators
  5. 5. Facts and Figures: Global Scenario The global unemployment rate stood at 5.6 percent in 2017, corresponding to 192.7 million unemployed persons. In 2017 there were around 300 million workers in extreme poverty, living on less than US$1.90 per day. 470 million jobs will be needed to absorb new entrants to the labor market between 2016 and 2030. Only 29 percent of the global population has comprehensive social security; the other 71 percent are not, or only partially, protected. 193m 470m300m 29%
  6. 6. Facts and Figures: Global Scenario laborproductivityhasincreased thegrowthratehasdeclined Labor productivity at the global level, measured as output produced per employed person in constant 2005 US dollars, grew by 2.1 per cent in 2017. This is the fastest growth registered since 2010. In 2016, real gross domestic product (GDP) per capita grew at 1.3 per cent globally, less than the 1.7 per cent average growth rate recorded in 2010–2016. For LDCs, the rate fell sharply from 5.7 per cent in 2005–2009 to 2.3 per cent in 2010–2016. Source : The Sustainable Development Goals Report 2018,UN
  7. 7. Data from 45 countries suggest that gender inequality in earnings is still pervasive: in 89 per cent of these countries, the hourly wages of men are, on average, higher than those of women, with a median pay gap of 12.5 per cent. Men earned 12.5 per cent more! Facts and Figures: Global Scenario
  8. 8. Facts and Figures: Indian Scenario Soure: https://economictimes.indiatimes.com/news/economy/indicators/indias-gdp-grows-at-8-2-per-cent-in-2018-19- q1/articleshow/65623967.cms
  9. 9. Labour Force Participation Rate in India Urban Scenario Rural Scenario Source: NSSO Data(Collected from Niti Ayog Website)
  10. 10. Unemployment Scenario in India https://www.thehindu.com/migration_catalog/article10084147.ece/alternates/FREE _660/unemployed
  11. 11. Formal Workers: Organized vs. Unorganized https://www.2thepoint.in/annual-household-survey-unemployment-data/
  12. 12. Facts and Figures: Indian Scenario • Nearly 30 million of India's labour force is unemployed, 26 mn are officially underemployed. • Only 10% workers are working in organized sector. • 49% are casual workers out of 90% workers in unorganized sector. • 23% are self-employed. • Compared to 56% of our male population, only 23% of women are part of India's total workforce: people who are usually employed. • In rural India, nearly one-third of women workers' person days are lost annually, while in the cities 15% of working days of women employees go unutilized.
  13. 13. The employment challenge Labour force participation Industrial structure of employment Unemployment in Uttar Pradesh Mismatch between education and employability Trends in average daily wages of casual wage workers UTTAR PRADESH
  14. 14.  Quality of skill training  Difference of wages in gender and social group • 1.The employment challenge • Nearly 53.3 per cent of population in the age-group of 15-59 years constitute the workforce in Uttar Pradesh.
  15. 15. Labour force participation
  16. 16. 91.4 million in 2011-12 2.75 per cent annually 1.96% Uttar Pradesh, India 2.96% Industrial structure of employment Industrialstructure of employment
  17. 17. Difference of wages in gender and social group
  18. 18. District- Bhadohi  Wage increment and difference  Gender inequality  Social inequality  Policy for small business & agriculture  Quality labour  Job satisfaction  Education

Notas do Editor

  • Labour productivity is defined as output per unit of labour input.

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