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Global Gender Gap Report-2021 Why In news? About the Report Released by World Economic Forum Gender Gap Index is a score between 0 to 100. 3. The percentage score shows how much has the gender gap been closed. Key Highlights The overall gender gap is going to take 136.5 years to close This was 99.5 years in last report Nordic Countries dominate the Rankings topped by Iceland South Asia is the second worst performing region after Middle east and North Africa Impact of Covid-19: ILO reports that 5% women lost their jobs globally while for men it was 3.9% Double shift of unpaid work + Lack of access to day care lead to women having difficulty maintaining work life balance Issues with inflation Targeting Failure of Monetary Policy Transmission RBI’s policy tools are not enough to control all the inflation such as inflation due to supply chain disruption.( Lockdown- high food inflation) Inflation has a global nature. Targeting of Headline inflation rather than core inflation. CPI basket is not truly representative of the inflation (GDP deflator is better representation ) Live Streaming | Watch Online Current Affairs Strategy for UPSC CSE by Amit Sir. This Video is based on the Current Affairs Strategy for UPSC CSE by Amit Sir on the behalf of Tarun IAS. Follow Us On: Website: https://tarunias.com/ Facebook: / tarunias.in LinkedIn: / tarun-ias-7116121ba Contact Details: Email: tarun@tarunias.com