Subhash Chandra Garg, Deccan Herald Given the depreciating USD, India’s $5tn GDP goal of 2019-20 equals $5.74tn in 2022-23, and at further 3 per cent depreciation, it would need to be $6.65tn in 2027-28. The Government of India announced in 2019-20 the goal of a $5 trillion GDP by 2024-25. India’s GDP was $2.84 trillion that year, needing a $2.16 trillion gap to cover in five years. India’s GDP reached $3.39 trillion...
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Niti Aayog says 20.79 Crore Indians Are 'Multidimensionally Poor' - Banjot Kaur
The Wire The Niti Aayog’s second edition of the Multidimensional Poverty Index (MPI) has projected that about 14.96% of the Indian population is ‘multidimensionally’ poor. In absolute terms, 207.9 million (20.79 crore) Indians are poor and face deprivation in multiple development areas, as per population projections for the year 2021. Though this report also claimed that the multidimensional poverty in India has declined from 24.85% to 14.96% between 2015-16 and 2019-21. The...
More »IMD Predicts Normal Rainfall, but Indian Monsoon Skewed And Anomalous so Far - Carbon Copy
The Indian monsoon arrived on the coast of Kerala on June 8, more than a week later than normal and the southern part of the country received its lowest June rainfall in 122 years—88.6 mm—which was 45% less than the normal between 1971 and 2020. However, the monsoon has made quick progress and has now covered the entire country. While rainfall was 10% below average during June, in July it could...
More »PM 2.5 Pollution in Cities, Villages Almost the Same: Study
Carbon Copy A Climate Trends analysis of 2022 satellite-based data generated by IIT Delhi scientists revealed that the annual average of the most toxic air pollutant, ultrafine particulate matter (PM) 2.5, was as poor in rural India as urban India. This has put under scanner the Centre’s policy of only investing in selected urban areas of the country for controlling toxic air According to the analysis in 2022, the average annual...
More »India may have seen steepest dip in multidimensional poverty among 110 nations as per UNDP data - Nikhil Rampal
The Print More than a third of India’s poor, or 415 million people, were pushed out of multidimensional poverty between 2005 and 2021, shows analysis of the United Nations Development Program’s (UNDP’s) updated poverty index data. The data of 110 developing countries, collected over varying time periods, indicates that this fall is likely to be the steepest. According to the UNDP’s updated Multidimensional Poverty Index (MPI) report, released Tuesday, about 55 percent of...
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