Statsguru: Six charts explain another dimension of poverty in India

Contents1 What is the News?2 What are the key highlights of the paper released?3 Incidence of Poverty3.1 Intensity of Poverty3.2 Religion wise differences in incidence and intensity of multidimensional poverty 3.3 Asset Ownership among Social Groups3.4 Covid-19 Impact on Poverty What is the News? Researchers have released a paper titled “Examining multidimensional poverty reduction in India… Continue reading Statsguru: Six charts explain another dimension of poverty in India

In India, 5 out of 6 multidimensionally poor are from lower tribes or castes: UN report

Contents1 What is the news? 2 What is the key focus of the Multidimensional Poverty Index 2021?3 What are the key findings of the Multidimensional Poverty Index 2021? 3.1 Key findings at the global level3.2 Key findings related to India4 About the Multidimensional Poverty Index What is the news?  The UN report: Global Multidimensional Poverty Index 2021 highlights yet another divide in the Indian society as 5… Continue reading In India, 5 out of 6 multidimensionally poor are from lower tribes or castes: UN report

Why India needs ‘good’ urbanisation

Synopsis: Covid reinforces that good urbanization is our most powerful technology for poverty reduction. Introduction New York City, with just 6% of the population of Russia, has a GDP that is equal to that. Twenty-six of the world’s 33 megacities are in developing countries because their rural areas lack rule of law, infrastructure and productive commerce. This shows… Continue reading Why India needs ‘good’ urbanisation

To break the poverty cycle: GoI should allow companies to offer earn-while-you-learn education to poor young Indians

Source: TOI Relevance: To understand the issue of poverty in migrants. Synopsis: Given the nature of the jobs of migrants and the need to educate them, there is a need to create an alternate education system for them. Challenges of education for migrants Education is seen by many as a ticket out of poverty. Today, in… Continue reading To break the poverty cycle: GoI should allow companies to offer earn-while-you-learn education to poor young Indians

Poverty in India is on rise again

Source: The Hindu Contents1 Synopsis 2 Measurement of Poverty 3 Rise in poverty figures 4 Reasons for increased poverty  Synopsis  During the 2000’s there was decline in poverty as was indicated by the Government data. However, now multiple data point to a rise in poverty and unemployment.  Context  Source: The Hindu Consumption expenditure survey (CES) is conducted and… Continue reading Poverty in India is on rise again

What India@75 needs: Education and skills, rather than freebies

Source: The Indian Express Relevance: This article explains the India’s improvements in poverty reduction, literacy and food security since independence and suggestions to improve further. Contents1 Synopsis:2 About India’s Independence:3 Situation of India’s poverty since Independence:4 Situation of India’s literacy since Independence:5 Situation of India’s food security since Independence:6 Suggestions to improve India’s situation in… Continue reading What India@75 needs: Education and skills, rather than freebies

The state of India’s poor must be acknowledged

Context: Trend of rising poverty in India – middle class sliding into poverty amid Covid – 19 pandemic.   Contents1 Trends signifying India’s slide into poverty 2 Why this slide into poverty should be a cause of worry for India? 3 Why counting the poor is necessary? 4 Conclusion  Trends signifying India’s slide into poverty  On ranking of median income, India stood at 99 among 131 countries.  With a median income of $616 per annum, it was the lowest among BRICS and… Continue reading The state of India’s poor must be acknowledged

India halved its poverty rate since 1990s: World Bank

News: The World Bank said that India has halved its poverty rate since the 1990s and achieved a seven plus growth rate over the last 15 years. Facts: Key observations made by World Bank India has achieved annual growth exceeding 7% over the last 15 years. India’s growth is expected to continue and elimination of… Continue reading India halved its poverty rate since 1990s: World Bank

India will be the third-largest economy by 2030: Jaitley

Finance Minister has said that India is expected to become the third largest economy in the world by 2030 with Gross Domestic Product(GDP) touching USD 10 trillion.The growth will happen due to consumption and investment growth. Currently,the size of the Indian economy is about USD 2.9 trillion.Further, India oscillates between the fifth and the sixth… Continue reading India will be the third-largest economy by 2030: Jaitley

India’s progress against multidimensional poverty

India’s progress against multidimensional poverty Article: The article highlights India’s progress in eradicating multidimensional poverty Important analysis: Multidimensional poverty: Multidimensional poverty goes beyond the economic/income-based approach and takes into account different depreciations experienced by a poor person- such as poor health, lack of education, inadequate living standard, disempowerment, poor quality of work and threat from… Continue reading India’s progress against multidimensional poverty

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