
Over 2,700 Billionaires Globally, $52 Billion Can Protect Every Child: Kailash Satyarthi
NDTV
"We are not so poor. I refuse to accept that the world is so poor when 2,755 billionaires exist in this world," Kailash Satyarthi said. He also said that USD 52 billion can provide social protection for every child and every pregnant woman in low income countries.
Nobel laureate Kailash Satyarthi has said that USD 52 billion can provide social protection for every child and every pregnant woman in low income countries, underlining that this is "not a big amount" in a world with over 2,700 billionaires.
Speaking at a high-level UN event on 'Jobs and Social Protection for Poverty Eradication and a Sustainable Recovery'' on Tuesday, Kailash Satyarthi, the 2014 Nobel Peace Prize winner, gave a clarion call for bold and proactive leadership to end child labour and poverty.
He said that USD 52 billion can provide social protection for every child and every pregnant woman in low income countries.
"That is not a big amount. This is just two days of COVID-19 relief measures as well as 0.4% of the social protection fund which is spent in rich countries," he said at the virtual event.