This slide deck explores the basics of the concept of Social Security & Welfare State, complex web of welfare schemes in India & few comparisons with other countries.
This presentation was made for the course "Public Finance: Theory & Policies" (ECON F34) taught at BITS Pilani.
Wages and salary meaning and its content & Social security, security In India...Gordon R Pathaw
It is necessary to understand the process of how wages and salary are being given and allotted to each employees. The Human Resource Dept is the source to the take the responsibility of this task. Hence, it is important to understand how this works and how we are able to understand its function. I have included the Social Security topic here as it is a basic requirement of understanding how the process of acquiring a social security. It also includes the Social security in Indian context and it's laws governing social security schemes. etc
Wages and salary meaning and its content & Social security, security In India...Gordon R Pathaw
It is necessary to understand the process of how wages and salary are being given and allotted to each employees. The Human Resource Dept is the source to the take the responsibility of this task. Hence, it is important to understand how this works and how we are able to understand its function. I have included the Social Security topic here as it is a basic requirement of understanding how the process of acquiring a social security. It also includes the Social security in Indian context and it's laws governing social security schemes. etc
Why We Need of Social Security
Most of the rural and informal sector workers in the world do not have any social security measures.
In India almost 90% of families earn their livelihood from the unorganized sector.
Needs that necessitates social security :
Physical risks: Sickness, old age, maternity, accidents, death.
Economic risks : Unemployment
Economic burden of larger family
An introduction to the most important labour laws in India. The presentation gives just an idea of what is the Act all about. It acts like a handbook to a budding HR executive.
The Child Labour (Prohibition And Regulation ) Act, 1986mahesh lone
This Act is a weak piece of legislation as it does not contains any provision of rehabilitation of the child labour. However the punishment prescribed is deterrent. Also in almost all industries child labour is prohibited.
The Maternity Benefit Act, 1961 (with latest amendments)Rashi Shukla
Maternity Benefit Act, 1961 is a boon for the working women in the sense that they don’t have job insecurity during their maternity period. This act regulate the employment of women & provide maternity & other benefits to them.
A bonus payment is usually made to employees in addition to their base salary as part of their wages or Salary. While the base salary usually is a fixed amount per month, bonus payments more often than not vary depending on known criteria, such as the annual turnover, or the net number of additional customers acquired, or the current value of the stock of a public company. Thus bonus payments can act as incentives for managers attracting their attention and their personal interest towards what is seen as gainful for their companies' economic success. There are widely‐used elements of pay for performance and working well in many instances, including when a fair share of an employees participation in the success of a company is desired. There are, however, problematic instances, most notably when bonus payments are high. When they are tied to possibly short-lived figures such as an increase in monthly turnover, or cash flow generated from an isolated marketing action, such figures often do not reflect a solid reliable win for a company, and they certainly do not reflect a manager's lasting efforts to the company's best. On the contrary, such figures are prone to being adjusted or even manipulated to the benefit of those employees who are responsible for reporting them, while they are already planning their leave with a golden handshake.
Why We Need of Social Security
Most of the rural and informal sector workers in the world do not have any social security measures.
In India almost 90% of families earn their livelihood from the unorganized sector.
Needs that necessitates social security :
Physical risks: Sickness, old age, maternity, accidents, death.
Economic risks : Unemployment
Economic burden of larger family
An introduction to the most important labour laws in India. The presentation gives just an idea of what is the Act all about. It acts like a handbook to a budding HR executive.
The Child Labour (Prohibition And Regulation ) Act, 1986mahesh lone
This Act is a weak piece of legislation as it does not contains any provision of rehabilitation of the child labour. However the punishment prescribed is deterrent. Also in almost all industries child labour is prohibited.
The Maternity Benefit Act, 1961 (with latest amendments)Rashi Shukla
Maternity Benefit Act, 1961 is a boon for the working women in the sense that they don’t have job insecurity during their maternity period. This act regulate the employment of women & provide maternity & other benefits to them.
A bonus payment is usually made to employees in addition to their base salary as part of their wages or Salary. While the base salary usually is a fixed amount per month, bonus payments more often than not vary depending on known criteria, such as the annual turnover, or the net number of additional customers acquired, or the current value of the stock of a public company. Thus bonus payments can act as incentives for managers attracting their attention and their personal interest towards what is seen as gainful for their companies' economic success. There are widely‐used elements of pay for performance and working well in many instances, including when a fair share of an employees participation in the success of a company is desired. There are, however, problematic instances, most notably when bonus payments are high. When they are tied to possibly short-lived figures such as an increase in monthly turnover, or cash flow generated from an isolated marketing action, such figures often do not reflect a solid reliable win for a company, and they certainly do not reflect a manager's lasting efforts to the company's best. On the contrary, such figures are prone to being adjusted or even manipulated to the benefit of those employees who are responsible for reporting them, while they are already planning their leave with a golden handshake.
I gave a lecture on Graphic Designing & taught basics of Adobe Photoshop to a crowd of more than 150 individuals. It was organised by CEL BITS Pilani at the premises of BITS Pilani. This slide deck was used for the first part of the session.
(PS: Some error while uploading is shifting few elements in some slides.)
it is slide on thecurrent hot topic "social security"and it focuses several schemes launched by"The Govt of India" to improve the economic status of people...
Whose Welfare State Now? - Adrian SinfieldOxfam GB
Professor Adrian Sinfield, Emeritus Professor of Social Policy at the University of Edinburgh, talks about the welfare state.
Stephen Boyd, Assistant Secretary of the Scottish Trade Unions Congress, talks about how the Scottish economy works.
The Whose Economy? seminars, organised by Oxfam Scotland and the University of the West of Scotland, brought together experts to look at recent changes in the Scottish economy and their impact on Scotland's most vulnerable communities.
Held over winter and spring 2010-11 in Edinburgh, Inverness, Glasgow and Stirling, the series posed the question of what economy is being created in Scotland and, specifically, for whom?
To find out more and view other Whose Economy? papers, presentations and videos visit:
http://www.oxfamblogs.org/ukpovertypost/whose-economy-seminar-series-winter-2010-spring-2011/
The paper focuses on the social safety nets in Russian Federation and Ukraine in the view of changes on the labour market since the beginning of economic transition. The authors showed that many past phenomena (e.g. restructuring of the economy, wage and pension arrears, new groups at-risk-of-poverty, demographic transition) caused a need to change an old type social safety net (SSN) into the new one, better adapted to emerging more liberal economy problems.
Additionally, the authors analysed some gender specific issues related to social security that are caused mainly by inequalities in the labour market. Differences of earnings between men and women in Russia caused by sector segregation account for seem to be more important than the gap between gender earnings attributed to the position. In Ukraine the main contributors to gross gender differential of log earnings (that equals to 32%) explained by our model are sector segregation and occupation.
The authors also pointed out to future policy challenges in the area of social security systems in both countries. The retirement reforms introduced recently are a step in the right direction, although their impact will not be felt for a number of years. Other reforms, with more immediate results, are necessary. Social safety nets should be made more efficient and social benefits should be better targeted.
Authored by: Marek Gora, Grzegorz Kula, Oleksandr Rohozynsky, Magdalena Rokicka, Anna Ruzik-Sierdzinska
Published in 2009
Dr Simon Duffy gave this talk to Directors of Public Health and other professionals in Birmingham in July 2016. He contends that there is no fundamental problem with the welfare state other than (a) we have abandoned concern for equality and (b) we have not designed a welfare state to effectively promote our own active citizenship. He sets out a series of possible changes to genuinely reform (rather than cut and undermine) the welfare state based on real community-based initiatives.
Dr Simon Duffy of the Centre for Welfare Reform gave this talk at the Bishop's Breakfast in Bolton 6th November 2015. In the talk Simon sets out why the welfare state is essential to justice, but explores some of the flaws within its current design. In particular he outlines how the welfare state in the UK is failing to address the issue equality and poverty and is leading to the scapegoating of disadvantaged groups.
India Senior Citizens' guide Helpage India 2016Sailesh Mishra
Senior Citizens Guide - REVISED EDITION 2016, Complied and Published by Policy Research and Development Department - HelpAge India.
Awareness is the first step for concerted effort for advocacy. The Senior Citizens’ Guide and other such publications of HelpAge India are an effort to create awareness among older persons and other stake holders. We hope that the updated version will prove useful to the readers.
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...
Social Security Measures & Welfare State: A brief overview
1. Social Security Measures
& Welfare State
By Group 9
Nilesh Lahoty (2014B3A4656P)
Aditya Agarwal (2014B3A 723P)
2. Article 22, Universal Declaration of Human Rights
Everyone, as a member of society, has the right to social security and is entitled to realization,
through national effort and international co-operation and in accordance with the organization and
resources of each State, of the economic, social and cultural rights indispensable for his dignity and
the free development of his personality.
3. The State shall make itself responsible for ensuring a minimum
standard of material welfare to all its citizens on a basis wide
enough to cover all the main contingencies of life. In other
sense, social security is primarily an instrument of social and
economic justice.
Welfare State
4. Social Security
Objectives
1. Compensation
2. Restoration
3. Prevention
Categories
1. Social Insurance
2. Social Assistance
Traditional Contingencies under social security
International Labour Organization (ILO)
1. Medical care
2. Sickness benefit
3. Unemployment benefit
4. Old age benefit
5. Employment injury benefit
6. Family benefit
7. Maternity benefit
8. Invalidity benefit
9. Survivor’s benefit
8. India’s Social Protection Challenge
Government spending on Social Protection
2010-11 (as %GDP)
China Mexico USA GermanyPakistan Indonesia India Singapore
1.68 2.63 2.64
2.83
6.83
7.72
10. India’s Social Protection Challenge
Life Insurance Density (2013)
Insurance density is measured as ratio of premium (in US $) to total
population.
World Germany USA AustraliaPakistan Russia India China
6 19 41
110
366
1392
1684
2056
11. India and the World
●
●
●
●
●
India Ethiopis Morocco Russia Bangladesh
12. India and the World
IndiaBrazilChina
EgyptSouth Africa