As the United Nations General Assembly begins a new session, the implementation of the Sustainable Development Goals (SDGs) is high on their agenda. The SDGs, which took effect earlier this year, have been described as “a universal push to transform the world.”
They represent a comprehensive plan of action to address some of the most pressing challenges to human development and the future of the planet.
The realization of the 17 Goals (and 169 targets) by 2030 will only be possible if the role and participation of women is fully recognized and incorporated in the hard work of implementation.
The 17 Goals range from ending poverty (Goal 1) and promoting inclusive and sustainable economic growth (Goal 8) to taking urgent action to combat climate change (Goal 13).
Gender equality and women’s empowerment (Goal 5) is not only important in its own right, but also has a crucial role to play across all the goals and targets.
Significant progress on addressing poverty alleviation and sustaining economic growth, for example, will not be possible without the empowerment of women.
A growing body of research shows that the vital source of growth needed to power economies will not be unleashed without greater participation of women in the formal economy.
As the World Bank noted, “gender equality is smart economics.” Achieving the SDGs, which are inter-dependent, requires a fully integrated approach and a focus on gender.
The world is reeling from growing conflicts, violent extremism and terrorism, and the massive displacement of people that has led to historic numbers of refugees.
The creation of peaceful and inclusive societies (Goal 16) will not be possible without the full participation of women in conflict prevention and peace-building at all levels of decision-making.
Studies show that the prospects for conflict resolution and sustainable peace are significantly enhanced when women’s voices and agency are fully tapped. The SDGs also recognize that violence against women and girls – in all its forms – is a global scourge that affects all of society and must be addressed in both the public and private sectors.
The SDGs are also focused on climate change, one of the greatest ecological and environmental challenges of our time. Combating climate change will require political will, investments in innovative technology and the efforts of all people, especially women who are most severely affected and bear the brunt of the consequences of climate change.
Women are not, however, just victims. They are critical to adaptation and mitigation efforts—critical to overcoming the vulnerabilities they confront. Although they are still largely excluded from decision-making mechanisms, they are creating innovative and localized solutions to build resilient communities.
They are engaged in an array of initiatives from conservation adaptations to the installation of solar panels and clean cook stoves. By including and elevating their voices and providing them with access to critical resources, we will increase our global effectiveness in tackling climate change.
Many stakeholders, including representatives of the private sector and civil society, are engaged in discussions at the United Nations to determine how best to create collaborative partnerships (Goal 17) that will contribute to successful and concerted efforts to implement the Goals.
The realization of the SDGs is predicated on the sustained engagement of multi-stakeholders.
The private sector, for instance, is recognized as critical to economic growth, jobs creation and inclusive prosperity.
Women are powerful drivers of this economic growth, but they confront significant legal obstacles and discriminatory practices that constrain their workforce participation. Women entrepreneurs have limited access to credit, markets, training and networks.
Today more companies are recognizing that women’s economic participation is a core business strategy and are increasingly supporting women’s economic progress through their value chains, supply chains, and training programs and leadership development.
The SDGs also recognize the need to improve access to technology, particularly information and communications technology, in order to share ideas and foster innovation (Goal 9).
This is especially important for women and girls who confront a pronounced gender gap in access to mobile technology and the Internet-essential tools for women’s empowerment and access to 21st century jobs.
If the digital divide is not closed, women will fail to benefit from the prosperity unleashed by the technology revolution and fall further behind.
Gender equality and women’s empowerment are essential for the realization of the SDGs. Implementation plans that do not reflect its centrality will shortchange the prospects for turning the UN’s lofty goals into real progress for people around the globe—women and men, girls and boys. This not an option but a necessity.
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Petrol in India is cheaper than in countries like Hong Kong, Germany and the UK but costlier than in China, Brazil, Japan, the US, Russia, Pakistan and Sri Lanka, a Bank of Baroda Economics Research report showed.
Rising fuel prices in India have led to considerable debate on which government, state or central, should be lowering their taxes to keep prices under control.
The rise in fuel prices is mainly due to the global price of crude oil (raw material for making petrol and diesel) going up. Further, a stronger dollar has added to the cost of crude oil.
Amongst comparable countries (per capita wise), prices in India are higher than those in Vietnam, Kenya, Ukraine, Bangladesh, Nepal, Pakistan, Sri Lanka, and Venezuela. Countries that are major oil producers have much lower prices.
In the report, the Philippines has a comparable petrol price but has a per capita income higher than India by over 50 per cent.
Countries which have a lower per capita income like Kenya, Bangladesh, Nepal, Pakistan, and Venezuela have much lower prices of petrol and hence are impacted less than India.
“Therefore there is still a strong case for the government to consider lowering the taxes on fuel to protect the interest of the people,” the report argued.
India is the world’s third-biggest oil consuming and importing nation. It imports 85 per cent of its oil needs and so prices retail fuel at import parity rates.
With the global surge in energy prices, the cost of producing petrol, diesel and other petroleum products also went up for oil companies in India.
They raised petrol and diesel prices by Rs 10 a litre in just over a fortnight beginning March 22 but hit a pause button soon after as the move faced criticism and the opposition parties asked the government to cut taxes instead.
India imports most of its oil from a group of countries called the ‘OPEC +’ (i.e, Iran, Iraq, Saudi Arabia, Venezuela, Kuwait, United Arab Emirates, Russia, etc), which produces 40% of the world’s crude oil.
As they have the power to dictate fuel supply and prices, their decision of limiting the global supply reduces supply in India, thus raising prices
The government charges about 167% tax (excise) on petrol and 129% on diesel as compared to US (20%), UK (62%), Italy and Germany (65%).
The abominable excise duty is 2/3rd of the cost, and the base price, dealer commission and freight form the rest.
Here is an approximate break-up (in Rs):
a)Base Price | 39 |
b)Freight | 0.34 |
c) Price Charged to Dealers = (a+b) | 39.34 |
d) Excise Duty | 40.17 |
e) Dealer Commission | 4.68 |
f) VAT | 25.35 |
g) Retail Selling Price | 109.54 |
Looked closely, much of the cost of petrol and diesel is due to higher tax rate by govt, specifically excise duty.
So the question is why government is not reducing the prices ?
India, being a developing country, it does require gigantic amount of funding for its infrastructure projects as well as welfare schemes.
However, we as a society is yet to be tax-compliant. Many people evade the direct tax and that’s the reason why govt’s hands are tied. Govt. needs the money to fund various programs and at the same time it is not generating enough revenue from direct taxes.
That’s the reason why, govt is bumping up its revenue through higher indirect taxes such as GST or excise duty as in the case of petrol and diesel.
Direct taxes are progressive as it taxes according to an individuals’ income however indirect tax such as excise duty or GST are regressive in the sense that the poorest of the poor and richest of the rich have to pay the same amount.
Does not matter, if you are an auto-driver or owner of a Mercedes, end of the day both pay the same price for petrol/diesel-that’s why it is regressive in nature.
But unlike direct tax where tax evasion is rampant, indirect tax can not be evaded due to their very nature and as long as huge no of Indians keep evading direct taxes, indirect tax such as excise duty will be difficult for the govt to reduce, because it may reduce the revenue and hamper may programs of the govt.