Why in news
A study by the International Labour Organization (ILO), released in Geneva on Tuesday, has found that forced labour generates illegal profits worth $36 billion per year.
This is an increase of 37% of such illegal profits since 2014
The study said this is fuelled by both a growth in the number of people forced into labour.
As well as higher profits generated from the exploitation of victims.
For the study, surveys have been conducted among workers, including Indians in Saudi Arabia and Qatar.
International Labour Organization (ILO) – basic details
A specialized agency of the United Nations (UN)
Mission: Promote social justice and economic justice by setting international labour standards.
Founded: 1919, one of the first UN agencies
Headquarters: Geneva, Switzerland
Membership: 187 member states (almost all UN members plus Cook Islands)
Unique Structure: Tripartite - brings together governments, employers, and workers to create policies and programs for "decent work" for all.
COMMENTS