The newly released World Bank report has estimated that the number of extremely poor people globally went up by nearly 71 million in the year 2020 as compared to 2019 — a 11 percent increase. Between 2019 and 2020, the number of poor swelled by around 56 million in India. It means that about 79 percent of the total people globally who slipped into poverty during the first year of...
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Bihar agrarian crisis : Why crores in diesel subsidies may not be the answer -Zumbish
-Down to Earth Funds allocated in July for diesel subsidy haven't reached many farmers yet; irrigation projects needed, say locals The agriculture department of the Bihar government has allocated Rs 100 crore in diesel subsidy October 14, 2022 to help distressed farmers get diesel subsidy. The plan announced in a public address by the newly appointed agriculture minister of the state, Kumar Sarvajeet, is in line with the state’s action plan to help...
More »More bad news after inflation hits 5-month high: Wheat stocks at 6-yr low, ‘rice output to fall’ -Sayantan Bera
-ThePrint.in Wheat stocks are half of where they stood in October 2021. Public stocks of rice are nearly double stocking norm, but price outlook depends on actual harvest this season. New Delhi: Despite the unabated rise in food prices, which drove retail inflation to a five-month high of 7.41 per cent in September, there is limited legroom for the government to intervene in the market by selling public stocks to cool prices. Data...
More »This govt mission is changing lives of 1.74 crore women through climate-resilient agriculture -Amarjeet Sinha
-ThePrint.in Three-fourths of the full-time workers on Indian farms are women because men move to cities. Yet, there was little attention to uplifting them and their finances. There was a time when women’s work in agriculture and animal husbandry was rarely counted. But according to the 2015-16 Agriculture Census, 11.72 per cent of the total operated area in the country was operated by female holders. Civil society assessments suggest that three-fourths of...
More »Poorer India: Editorial on World Bank data on poverty line
-The Telegraph According to a recent estimate, about 80 per cent of the 70 million people who slipped below the poverty line worldwide during the pandemic were from India Poverty numbers can be confusing as they depend on the choice of the poverty line and the statistical method of estimation. These may result in differences in the results arrived at. The latest data from the World Bank show that for South Asia...
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