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ADB sees India grow by 11%, adds caveat

-The Hindu Lender sees ‘considerable downside risk’ from latest COVID wave, says may revise forecast in July The Asian Development Bank has raised its forecast for India’s growth in 2021-22 to 11%, from 8% earlier, even as it warned that failure to control the resurgence of COVID-19 cases including April’s exponential jump poses a “considerable downside risk to the recovery”. ‘Targeted containment’ In its assessment based on end-March data, the ADB cited this year’s...

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New evidence on child nutrition calls for radical expansion of child development services -Jean Dreze

-The Indian Express If India’s overwhelming goal is to become a $5 trillion economy within a few years, there is no reason to pay attention to children. But if it is development in the full sense of the term, then child development is paramount. Leaving aside two or three countries like Niger and Yemen, India has the highest proportion of underweight children in the world: a full 36 per cent according to...

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India’s GDP to contract eight per cent, set to be worst performer in South Asia

-The New Indian Express Bangladesh will post the best growth in the region growing at 5.2 per cent on the back of revived exports, said the Asian Development Bank in its Asian Development Outlook. NEW DELHI:  India’s GDP is expected to contract by 8 per cent in the current financial year and will be the worst performer in South Asia barring Maldives. Bangladesh will post the best growth in the region growing at...

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Sustained efforts required to reduce multidimensional poverty amidst the pandemic

Multidimensional poverty is about non-monetary poverty and is strongly associated with the challenges of achieving the Sustainable Development Goals (SDGs). Although previously defined only in monetary terms, poverty is now understood to include the lived reality of people’s experiences and the multiple deprivations they face. India’s multidimensional headcount ratio (H) i.e. the proportion or incidence of people (within a given population) who experience multiple deprivations has reduced from 55.1 percent to...

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Compared to other South Asian countries, India fares poorly in terms of food and nutrition security, indicates SOFI 2020 report

In his Mann ki Baat speech delivered on 30th August, 2020, Prime Minister Shri Narendra Modi said that the month of September 2020 will be observed as Nutrition Month (POSHAN Maah) in the entire nation. In his address to the nation on that day, he highlighted that for children to be well-nourished, the mother should receive proper and adequate nutrition. In this context, it is important to discuss the 11 different...

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