Statsguru: Six charts explain another dimension of poverty in India

What is the News? Researchers have released a paper titled “Examining multidimensional poverty reduction in India between 2005/6–2015/16”. What are the key highlights of the paper released? Incidence of Poverty Incidence of Poverty or the headcount ratio defines the percentage of people who are poor. According to the research, the all-India national average of Incidence… 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

What is the news?  The UN report: Global Multidimensional Poverty Index 2021 highlights yet another divide in the Indian society as 5 out of 6 multidimensionally poor are from lower tribes or castes.  What is the key focus of the Multidimensional Poverty Index 2021? The report provides estimates on multidimensional poverty for 109 developing countries. Present multidimensional poverty estimates disaggregated by ethnicity and caste for 41 countries… 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 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 released every 5 years by NSO  2017-2018 data was not released, and the… 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. Synopsis: India’s improvement in poverty reduction, literacy and food security since independence is impressive but a lot more needs to be done. About India’s Independence: India started its journey as… 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.   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 fell in the lower-middle-income country bracket.  A decline for the first time since 1972 – 1973 in the monthly per capita consumption expenditure of FY  2017-18.  India downgraded on the Global Hunger Index to ‘serious hunger’ category. … 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