×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

  • 31 March, 2021

  • 4 Min Read

World Development Report 2021

The World Bank has published the World Development Report 2021: Data for Better Lives.

About World Development Report:

  • It is annual report which is being published since 1978.
  • It gives in-depth analysis and policy recommendations on agriculture, the role of the state, transition economies, and labor to infrastructure, health, the environment, and poverty

Key Features:

  • The report highlights that most countries have shied away from an open-data policy and more so countries with developing economies.
  • The report stated that only 11 per cent low-income countries consistently made available with a license classifiable as ’open’.
  • The comparable rate for lower-middle-income countries was 19 per cent, for upper-middle-income countries 22 per cent and high-income countries 44 per cent.

Challenges posed by report

  • Underinvestment in public intent data systems: Only half the countries had a national statistical plan that was fully funded as of 2019.
    • While 93 per cent of high-income countries had a fully funded national statistical plan, not a single low-income country had one.
    • Lower-income countries were unable to harness the potential of data due to a lack of institutions, decision-making autonomy, and financial resources.
  • Gaps in data on women and girls were severe: Only 10 of the 54 gender-specific indicators (19%) in the United Nations-mandated sustainable development goals were widely available.
    • Only 24 per cent of the available gender-specific indicators were from 2010 or later.

India and World Development Report 2021

  • The report stated that the concerns on assessment of global poverty by World Bank, which has been skewed due to absence data on poverty from India.
  • India monitors 54 out of the 130 SDG indicators.
  • The overall number of monitored indicators has gone up but the country has dropped four indicators from its tracking list pointed out the State of India’s Environment In figures, 2020.

Recommendations of World Development Report 2021

  • The data offer tremendous potential to create value by improving program and policies, driving economies, and empowering citizens.
  • The perspective of poor people has largely been absent from the global debate on data governance and urgently needs to be heard.
  • The report called for international cooperation to harmonise regulations and coordinate policies so that the value of data can be harnessed to benefit all, and to inform efforts toward a green, resilient and inclusive recovery.
  • The making of data accessible to more users and creating systems that facilitate their reuse also opens the door for data to be misused in ways that can harm individuals or development objectives.

Source: TH


National Investment and Manufacturing Zones (NIMZ)

About National Investment and Manufacturing Zones (NIMZ) The Government of India (GoI) has announced a National Manufacturing Policy, 2011, with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. NIMZs are one of the important instruments to achieve it. As per the Policy, &ldqu

International Financial Services Center (IFSC)

What is an International Financial Services Center (IFSC)? An IFSC caters to customers outside the jurisdiction of the domestic economy.  Such centres deal with flows of finance, financial products and services across borders.  London, New York and Singapore can be counted as global financial centres.  The&n

4G Vs. 5G

4G Vs. 5G Context: This topic is important for UPSE GS Paper 3 And Prelims. Background- "G" stands for "GENERATION". While connected to the internet, the speed of the connection depends upon the signal strength that is shown in abbreviations like 2G, 3G, 4G, 5G, etc. on any mobile device. Each generation of wir

 India-U.S. Relations Overview

 India-U.S. Relations Overview Context: This topic is important for UPSE GS Paper2.  India-U.S. bilateral relations have developed into a "global strategic partnership", based on shared democratic values and increasing convergence of interests on bilateral, regional and global issues. The cooperation is based on th

G-20 analysis

G-20 analysis Context: This topic is important for UPSE GS Paper 2. The G20 summit in Rome, agreed to end international public finance for new coal power generation abroad by 2021-end and mobilise funds to support low emission power development to achieve ‘climate goals’ .Let’s understand G20 in detail. About the G20

Students Achievement

Search By Date

Newsletter Subscription
SMS Alerts