-Scroll.in Data from a survey conducted by think tank CMIE had to be used as India has not published official figures since 2011, the financial body said. A total of 5.6 crore Indians slipped into poverty in the pandemic year of 2020, the World Bank said in a report on Wednesday, citing data from a household survey conducted by think tank Centre for Monitoring Indian Economy. The findings of the Consumer Pyramids Household...
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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 »Survey data on poverty and broad policy pointers -R Srinivasan and S Raja Sethu Durai
-The Hindu There needs to be engagement with survey data, but ground-level realities should shape programmatic interventions Based on multidimensional poverty measurement, the Poverty Ratio (Head Count Ratio) in Tamil Nadu declined from 4.89% in 2015-16 to 1.57% in 2020-21, based on the fourth and fifth rounds of the National Family Health Survey (NFHS) data. Is this too good to believe? Maybe so. Academics have questioned the quality of NFHS data for...
More »75-95 million more on verge of extreme poverty due to climate change, COVID: Report
-The New Indian Express The report finds that about 1 in 10 people worldwide are suffering from hunger and nearly 1 in 3 people lack regular access to adequate food. NEW DELHI: The climate crisis, the Covid-19 pandemic and an increased number of conflicts around the world could lead to an additional 75 million to 95 million people living in extreme poverty in 2022, compared with pre-pandemic projections, according to The Sustainable...
More »Despite Talk of New Funds for Climate Change, Rich Nations Are Only Diverting Development Aid -Aathira Perinchery
-TheWire.in A new report finds that richer countries' tendency to reroute funds meant for development – including those meant for poverty eradication – harms poorer countries. But this is unsurprising, say experts. Kochi: Despite their promises, developed countries have not committed new and additional funds to developing countries to help them deal with climate change, found a new report released on June 23. Instead, developed countries are diverting funds meant for development –...
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