-The Hindu Being fiscally conservative resulted in a rise in extreme poverty, with there being no signs of any course correction A recent World Bank report, titled “Correcting Course”, captures the impact of the COVID-19 pandemic on global poverty. The number of people living in extreme poverty rose by seven crore million in 2020, as the global poverty rate rose from 8.4% in 2019 to 9.3% in 2020. This is the first...
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A reality check -Renu Kohli
-The Telegraph India’s economic recovery is uneven India’s ranking as one of the world’s fastest growing economies — a bright spot in a troubled and slowing world economy — routinely figures in the public discourse. It was upheld even as oil prices zoomed and inflation surged early this year. It did not waver when growth forecasts were lowered some six months ago. It wasn’t rattled when growth underperformed in the April-June quarter....
More »41.5 crore Indians exited multi-dimensional poverty since 2005-06 -Jagriti Chandra
-The Hindu 22.8 crore in India still multi-dimensionally poor, of whom 9.7 crore are children As many as 41.5 crore people exited poverty in india during the 15-year period between 2005-06 and 2019-21, out of which two-thirds exited in the first 10 years, and one-third in the next five years, according to the global Multidimensional Poverty Index (MPI) released on Monday. The report produced by the United Nations Development Programme (UNDP) and the...
More »Mind matters: Editorial on the world’s burden of suicide mortality
-The Telegraph The report prepared by the United Nations states that more men die by suicide, although more women attempt to take their own lives Suicide remains one of the leading causes of death globally. According to the Human Development Report 2021/22, more than seven lakh people die by suicide every year. Worryingly, the world’s burden of suicide mortality is borne by low and middle-income countries — over 77 per cent —...
More »Various estimates point towards one conclusion – the number of poor Indians swelled in 2020
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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