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ILO: World Social Protection Report 2020-22

ILO: World Social Protection Report 2020-22

ILO recently released a report specific to Asia and the Pacific

Key findings:

  • No access to social protection: Almost 53% of the population in the world has no social protection (56% in the Asia-Pacific and in India over 76% (Bangladesh has a higher % of people under social protection) have no social protection)
  • Spending on social protection: World average is 12.9% (twelve points nine), while that in India is just 8.6% (eight points six) (Economic Survey 2021-22)
  • India’s social security spending: Lower than 5% of GDP per capita.

 

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