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India’s Economic System Rigged in Favour of the Super-Rich, Says Oxfam Report -Ditsa Bhattacharya

-Newsclick.in The report points out that in India, during the pandemic the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020. While 84% of households in India suffered a decline in their income in a year marked by the tremendous loss of life and livelihoods, the number of...

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Misleading Picture of Household Wealth -CP Chandrasekhar and Jayati Ghosh

-The Hindu Business Line/ NetworkIdeas.org In recent years, when the economy as a whole performed poorly, reports on how old and new businesspersons accumulated huge volumes of wealth in short timespans have been commonplace. There is also evidence that conspicuous consumption is on the rise. This has led observers to conclude that income and wealth inequality in India has increased. Hard evidence on the extent of that increase is difficult to...

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The under-nutrition problem in Bundelkhand should receive equal attention of the policymakers, if not more

Recent media reports point out that the Bundelkhand region of Uttar Pradesh is likely to get about Rs. 6,300 crore projects ahead of the upcoming Uttar Pradesh assembly polls, including a Rs. 400 crore worth plant for the propulsion system of anti-tank guided missiles in Jhansi. The foundation was laid for the first project in the Jhansi node (related to the Uttar Pradesh Defence Industrial Corridor) on November 18, 2021. The two...

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Which states and UTs are among India's poorest? List here -Meenakshi Ray

-Hindustan Times India's MPI has three equally weighted dimensions, health, education and standard of living - which are represented by 12 indicators. NITI Aayog has published the Multidimensional Poverty Index (MPI) report which measured “three equally weighted dimensions” of health, education and standard of living. India's MPI has three equally weighted dimensions, health, education and standard of living - which are represented by 12 indicators of nutrition, child and adolescent mortality, antenatal care,...

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Bihar, Jharkhand, UP Poorest States In India: NITI Aayog's Poverty Index

-PTI/ NDTV Poverty Index: NITI Aayog Vice-Chairman Rajiv Kumar said the national Multidimensional Poverty Index measure has been constructed by utilising 12 key components which cover areas such as health and nutrition, education and standard of living. New Delhi: Bihar, Jharkhand, and Uttar Pradesh have emerged as the poorest states in India, according to NITI Aayog's Multidimensional Poverty Index (MPI). As per the index, 51.91 per cent population of Bihar is poor, followed...

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