SDG10 Globally Reducing all forms of Inequalities, Post Pandemic Corrections needed, and Achieving SDG and going to Moon Mars and Beyond

SDG10 Globally Reducing all forms of Inequalities and Achieving SDG and going to Moon Mars and Beyond:

SDG10 Globally Reducing Inequalities of all kinds: (YouTube URL: https://youtu.be/I6X-3QrNmZI ) LinkedIn Newsletter: https://www.linkedin.com/pulse/sdg10-globally-reducing-all-forms-inequalities-sdg-dr-ashish-/ • What is the SDG talks about? (Reference: https://sdgs.un.org/goals/goal10 ) • SDG 10 talks about Globally Reducing Inequalities of all kinds, within the countries and among the countries • Now as usual we’ll discuss about Problems created or aggravated by the COVID-2019 Pandemic first, so that course corrections and solutions can be found out and later we’ll find out its impact on each Target and Indicator of SDG10: • Gini Index has increased. We generally don’t talk technical terms but if this index happens to be zero then there are not inequalities present in the society. However, it was never zero till date, and lot of work was done to reduce this gap. However, all work is lost due to Pandemic, 6% increase in the Gini Index was recorded. Thus, Inequality has increased and Richer have become extra richer and Poor have become still more poorer in developing and emergent markets. This impact is higher than the 2007 to 2009 global financial crises, due to Pandemic lockdowns. • In our own Survey we found that the people in the private sector in India and across the world suffered most and have come 1 level down in their Financials especially among the middle classes. Rest of the details later. • Proportion of Global Population per million has doubled since 2010 due to increase in war torn states, vulnerable states and failure states in 2020 and it is 311/ 100,000 globally right now. • Another point is people in the warn torn states try to migrate and in that more than 4000 people died in 2020. Are we kind and sensitive humans? Please think over it. • Another point is people leave their countries for better prospects or for job and then they send remittances to family back to their own countries. Even those remittances costs are almost 6.5% in 2020, and they are more than double than the target of 3% though they are at the lowest till date. • There can be definitely humanitarian side to this and each person’s background will be very useful while dealing each case on person to person basic so that misuse of the law cannot be there, sending money to old mother or father of relative costs 6% then this point needs a relook. SDG10 Targets and Indicators: • Target 10.1: By 2030 slowly and steadily bringing income growth of bottom 40% of the population above the national average. • Indicator 10.1.1: • Increase in Per Capita Income, • Increase in Total Population Income, • Increase in Per Capita Income of bottom 40% • Target 10.2: By 2030 empowering and promoting social, political and economic inclusion by: • Age • Gender • Person with disabilities • Race • Ethnicity • Origin • Religion • Economic Status, etc. other human created added divisions in society • Target 10.2: By 2030 empowering and promoting social, political and economic inclusion by: • Age • Gender • Person with disabilities • Race • Ethnicity • Origin • Religion • Economic Status, etc. other human created added divisions in society • Indicator 10.2.1: Proportion of People living below Median Income by: • Age, • Gender and • Persons with disability • Target 10.3: Creating Equal Opportunity and measures there of by: • Preparing Policies and Implementing them • Eliminating the discriminatory Laws • Promoting Appropriate Legislation • Promoting best practices • Outcome based Actions with respect to International Law on Discrimination • Indicator 10.3.1: Proportion of people reporting discrimination on above based point in last 12 months i.e. 1 year. • Target 10.4: Adopt fiscal, wage, financial inclusion, social protection, to achieve greater equality • Indicator 10.4.1: Share of Labour/ GDP • Indicator 10.4.2: Redistributive impact of Social Policies, in other words, Checking the impact of whatever social policies been implemented. • Target 10.5: This is national and inter-national level inequality pointer. In this global Financial Market is observed and the local as well as national financial institutions are strengthened with the regulations, by monitoring the impact of the fluctuations in the global financial domains as well as global market. • Indicator 10.5.1: Financially Sound Indicators  Someone asked what are those things? Please simplify… • So there 3 indicators: • a. Where the nations is stronger or sound enough or leading? • b. Where the nation is coincident as planned? • c. Where the nation is lagging behind? • Then there are indicators for all these 3 indicators:  • a. How is GDP performing going up or down or same as last time? • b. What is the Inflation? May it be Whole Sale Price Index or Consumer Price Index, etc. like that • c. Industrial Production, • d. Trade, • e. Exchange Rate of the local currency with dollar and/or any other international currency, • f. Balance of Payments, • g. Banking Indicators for the Financial Sector, etc. • Target 10.6: Listening to the Dependants for better inclusive output. Simple. • By Giving proper representation to the developing countries, • By Letting Global International and Financial Institutions deliver on: • Legitimate Institutions, • Accountable Institutions, • Effective Institutions, • Credible Institutions. • Indicators 10.6.1: • Proportion of Members from Developing Countries in the International Institutions, • Proportion of Members from Developing Countries in the International organisations, • Voting Rights of the Developing Countries in the International Institutions, • Voting Rights of the Developing Countries in the International organisations. • Target 10.7: Migrations of the people with legitimate policies. • Migration of people should be in orderly fashion, • Safe migration mobility and modes of transport • Migration must be regular and responsible and well managed so that none lose the track • Indictor 10.7.1: • (Recruitment cost borne by the employee in the destination country per year) / (What the person is earning in that country) • Indictor 10.7.2: • (Number of countries that offer orderly, safe, regular and responsible migration and mobility of the people) / (Total UNO members) • Indictor 10.7.3: • (Number of people died or disappeared during migration before reaching their destination) / (Number of people actually migrated) • Indictor 10.7.4: Proportion of Population who are refugees, by country of origin: • ex. (Population from ABCD country as a refugee in that country/ Total Refugee in that country) • Target 10.a: Giving special treatment to Developing or Least Developed Countries as per the WTO Agreements • Indicator 10.a.1: “Proportion of Tariff line applied to import from Least Developed nations or developing countries with Zero Tariff”. •  “What’s that?” Some one asked. • In simple terms tax should be least, in fact should be zero, when importing products and services from under developed countries. • Target 10.b: Encouraging Official Developing Assistance including Financial like FDI to whom it needs most with intention to give boost to national plans of: • Least Developed Countries • African Countries • Small Islands • Landlocked under developed countries • Indicator 10.b.1: • Country who received FDI/ Donor Country, ex. 100 million/ Donated by India, • Donor Country Share / Total Resource Flow, etc. ex. 10% share of USA / Total 5 Billion FDI & Resource • Target 10.c: By 2030 reducing cost of transaction for Remittance to 3% and discarding offering transaction cost more than 5%. • Indicator 10.c.1: Remittance cost/ Total Remittance If a person observe, SDG are indicators to reduce the troubles and stresses of the humans living anywhere and everywhere on the mother earth. Final point of remittance shows that those who try to exploit will be eliminated from the process and system, it’s that simple. “Are humans going to fight wars for millions of years? We need Welfare not Wars. Why not same investment be made in Achieving SDG and going to Moon, Mars and Beyond? Definitely our fundamentals of living, governing, government administrations, sources of earning money, and overall social values needs a relook, before it’s too late for humanity.” Copyright: Dr. Ashish Manohar, 2006. Pandemic has proved this point. Please think over it.