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