-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...

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...

-Press release by Azim Premji University dated October 13, 2022 New Delhi & Bangalore, October 13:  About 39 percent of all jobcard-holding households interested in working under the Mahatma Gandhi National Rural Employment Guarantee Act 2005 did not get a single day of work in the Covid year of 2020-21. Also, on average, only 36 per cent of households that worked received their wages in 15 days, showed a survey of...

-The Telegraph ‘Hundreds of workers have left for other states and more are following them these days' Siliguri: The trend of out-migration from Bengal — often linked to the lack of employment opportunities in the state — is back in different districts after the Covid-19-induced gap of two years. Senior government officials and elected representatives at rural bodies in a number of districts admitted that they were witnessing the exodus of workers, who...

-Business Standard External storms are morphing into hurricanes. India is in a relatively better position than many other countries, but this period of heightened volatility will require agility and clarity on policy Despite recovering from the pandemic, repeated global shocks have presented numerous challenges for India’s economy this year, driving inflation and evoking balance of payments (BoP) pressures. These shocks will likely persist for much longer.  In the US, even amidst signs of...