social security measures & welfare state: a brief overview

Social Security Measures & Welfare State

By Group 9Nilesh Lahoty (2014B3A4656P)Aditya Agarwal (2014B3A 723P)

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.

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

Social Security

Objectives1. Compensation2. Restoration3. Prevention

Categories1. Social Insurance2. Social Assistance

Traditional Contingencies under social security International Labour Organization (ILO)

1. Medical care2. Sickness benefit3. Unemployment benefit4. Old age benefit5. Employment injury benefit6. Family benefit7. Maternity benefit8. Invalidity benefit9. Survivor’s benefit

Social Security in India: Need

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Source: “India’s Social Security Systems : An Assessment” by Mukul G. Asher & Azad Singh Bali, March 2010.

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Social Security in India: Workers

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India’s Social Protection ChallengeGovernment spending on Social Protection2010-11 (as %GDP)

China Mexico USA GermanyPakistan Indonesia India Singapore

1.68 2.63 2.64 2.83

6.837.72

India’s Social Protection ChallengeSocial Sector Spendingexcluding food subsidy (as %GDP)

2012-13 2013-14 2014-15 2015-162010-11 2011-12

2.49

2.28

1.981.92

1.86

1.68

India’s Social Protection ChallengeLife 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 41110

366

1392

1684

2056

India and the World

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India Ethiopis Morocco Russia Bangladesh

India and the World

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EgyptSouth Africa

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India and the World

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Side-note:Universal Basic Income

Thanks!

Aditya Agrawal Nilesh Lahoty