Independent charitable organizations Oxfam published a third edition of the Oxfamâ€™s 2020 Commitment to Reducing Inequality Index report.
India ranked at 129th position among 158 countries in the 2020 Commitment to Reducing Inequality (CRI) Index. The third edition of the index focuses on Fighting Inequality in the time of COVID-19. The Norway topped the 2020 CRI index. South Sudan is the lowest ranking country in the index at 158th position.
India in the CRI index:
India ranked at 129th position among 158 countries in the 2020 Commitment to Reducing Inequality (CRI) Index.
According to the report, India just spent 4 per cent of its budget on the health in the ongoing pandemic situation. The spending by India stands at the fourth lowest globally.
Nigeria, Bahrain and India, which is currently experiencing the worldâ€™s fastest-growing outbreak of COVID-19, were among the worldâ€™s worst-performing countries in tackling inequality going into the pandemic.
It also claimed that despite an already disastrous track record on workersâ€™ rights, several state governments in India have used Covid-19 as a pretext to increase daily working hours from 8 to 12 hours a day and suspend minimum pay legislation, devastating the livelihoods of millions of poor workers now battlingÂ hunger.
- 26 countries out of 158 were spending the recommended 15 per cent of their budgets on health.
- According to the report, only 53 countries had social protection systems against unemployment and sickness.
- These 53 countries have covered only 22 per cent of the global workforce.
- India, Nepal and Sri Lanka stands at the bottom 10 position in Central Government spending on public services.
- The South Asian nations in are not taking much the needed efforts to fight inequality, the report have highlighted.
About CRI Index:
The index is released by the international charitable organisationÂ â€˜Oxfam Internationalâ€™Â in partnership withÂ Development Finance InternationalÂ and with inputs from independent experts. It monitors the government work through their policy commitments to reduce inequality and tackle the gap between rich and poor. The index is based upon three basic pillars:Â Public Services Pillar, Progressive Tax Pillar and Workers Rights Pillar.