-The Hindu Being fiscally conservative resulted in a rise in extreme poverty, with there being no signs of any course correction A recent World Bank report, titled “Correcting Course”, captures the impact of the COVID-19 pandemic on global poverty. The number of people living in extreme poverty rose by seven crore million in 2020, as the global poverty rate rose from 8.4% in 2019 to 9.3% in 2020. This is the first...
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Various estimates point towards one conclusion – the number of poor Indians swelled in 2020
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...
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...
More »56 mn Indians may have turned poor in 2020 due to pandemic: World Bank -Asit Ranjan Mishra
-Business Standard "The global goal of ending extreme poverty by 2030 is likely to be missed: by then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill said. About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million and making it the worst year for poverty reduction since World...
More »What the Bangalore Floods tell us about our Democracy -Sushmita Pati
-The India Forum Urban floods as in Bangalore are not just a result of failed governance. They also reflect a failure of our democracy, where the citizen does not participate in decision-making and later sees spectacles like demolitions as signs of action. Neecha Nagar was the first film from India to go to the inaugural Cannes Film Festival in 1946 and win the Palme D’or. Neecha Nagar, or the “Lowly City”, was...
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