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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Loan interest waiver to be credited by November 5
-The Hindu Scheme will be implemented even for borrowers who did not avail moratorium. Three weeks after informing the Supreme Court that the Centre would bear the additional compound interest on loans of up to ₹2 crore availed by retail borrowers as well as micro, small and medium enterprises (MSMEs), the government formally communicated the modalities of the scheme to lenders on Friday. Banks and other lenders, including co-operative banks and non-banking finance...
More »‘Cruel Farce’: Retrenched Workers May Have to Prove Re-skilling, says Report -Ronak Chhabra
-Newsclick.in The re-skilling fund, introduced through a new labour code bill, may end up discouraging workers from using it, fear experts. The re-skilling fund, introduced through the Industrial Relations (IR) Code Bill, 2020, with an aim to train the retrenched workers, may come with controversial provisions for the beneficiaries, including requiring them to produce a proof of conformity to the government, a media report on Monday has hinted. A retrenched worker, who takes...
More »Amnesty International’s closure received attention at ‘highest levels’ of U.S. government, says official -Sriram Lakshman
-The Hindu “We look forward to a response and a resolution to this situation,” a U.S. State Department official said. Washington DC: The U.S. administration and U.S. Congress have been “very, very closely” following the closure of Amnesty International in India following the freezing of its Bank Accounts by the government. The issue has received attention at the “highest levels” of the U.S. government as per a senior U.S. State Department official. “On...
More »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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