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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High food prices push retail inflation to 5-month high of 7.41% in Sept -Asit Ranjan Mishra
-Business Standard IIP shrinks 0.8% in Aug - a first in 17 months In a double whammy for the Indian economy, the retail inflation rate shot up to a five-month high in September, while factory output contracted after a gap of 17 months in August. This could force the Reserve Bank of India (RBI) to hike the repo rate yet again in December. Data released by the National Statistical Office showed that consumer...
More »56 mn Indians may have turned poor in 2020 due to pandemic: World Bank -Asit Ranjan Mishra
-Business Standard "The global goal of ending extreme poverty by 2030 is likely to be missed: by then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill said. About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million and making it the worst year for poverty reduction since World...
More »Steep rise in food poisoning cases after eating mid-day meals this year: Data -Anil Ashwani Sharma
-Down to Earth Food poisoning cases in Bihar, Karnataka and Andhra Pradesh have been highest in the last 6 years Some 979 school students have suffered food poisoning after eating mid-day meals in the first nine months of 2022, according to government data. The data has been collected by the Union government under the Integrated Disease Surveillance Programme (IDSP), a major health programme that is part of the National Health Mission. Some 120 students...
More »Hunger pangs -Jaideep Hardikar
-The Telegraph At present, India has 195 million households with ration cards (nearly 794 million people), lower than the beneficiaries we intended to target in 2013 Inordinate delays in carrying out the census exercise are depriving millions of Indians who rely on rations for their subsistence. The exclusion of the poorest from the public distribution system in the pre and post-pandemic years was first flagged by the economists, Jean Drèze and Reetika...
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