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...
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Indians Account for 80% of Those Who Became Poor Globally in 2020 Due to COVID-19: World Bank -Vikram Mukka
-TheWire.in In its latest report 'Poverty and Shared Prosperity 2022: Correcting the Course', the World Bank flagged concerns over how the lack of official data on poverty from India affects the world in drawing up global poverty estimates. New Delhi: A study by the World Bank has concluded that nearly 80% of people who slipped into poverty in 2020 due to the COVID-19 pandemic hailed from India. Out of 7 crore people...
More »The future of old times in India -Jean Drèze and Esther Duflo
-The Hindu Near-universal social security pensions would be a good start to a radical expansion of public support for the elderly Life expectancy in India has more than doubled since Independence — from around 32 years in the late 1940s to 70 years or so today. Many countries have done even better, but this is still a historical achievement. Over the same period, the fertility rate has crashed from about six children...
More »Realistic analysis shows that the Indian economy has simply taken little steps in Q1 instead of a quantum leap
There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...
More »Around 12 Crore Persons 60+ Years Old; 85% Not Covered by Pension -Pulkit Sharma |
-Newsclick.in After BJP came to power in 2014, there has been no change in the coverage or amount disbursed under various pension schemes; inflation too not taken into account. New Delhi: There has been no change in the scope and amount of National Pension Schemes since the Bharatiya Janata Party (BJP) came to power in 2014. According to the data released by the National Social Assistance Programme of the Ministry of Rural...
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