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70 per cent of 10-year-olds in 'learning poverty', unable to read and understand a simple text

-Press release by UNICEF dated 23 June, 2022 COVID-19 worsens global learning crisis, risking $21 trillion in lifetime earnings WASHINGTON: As a result of the worst shock to education and learning in recorded history, learning poverty has increased by a third in low- and middle-income countries, with an estimated 70 per cent of 10-year-olds unable to understand a simple written text, according to a new report published today by the World Bank,...

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Do We Know What has Happened to Poverty since 2011-12? -Himanshu

-The India Forum The government's lack of respect for national surveys on consumption has meant that the door has been opened to preparation of unofficial estimates on poverty made on questionable assumptions. Two such recent estimates highlight the need to resume collection of data to get a true picture of poverty The government of India does not seem to be interested in knowing how many poor there are in the country. The missing...

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Record Profits Boost Corporate Sector in Pandemic -Subodh Varma

-Newsclick.in This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic related lockdowns and restrictions. The trend was visible from last year but the scale of profits reported by listed companies after the last financial year ended in March this year is nothing short of mind-boggling. According to latest data by CMIE or Centre for Monitoring Indian Economy, companies listed at the BSE (formerly...

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Don't make Punjab a junkyard for machines -Devinder Sharma

-The Tribune With policy-backing, subsidies and availability of easy credit, farmers are being pushed to buy more machines. Punjab has five times more tractors than required. As more technological gadgets and machines are promoted, farmers are increasingly sucked into a debt cycle, while equipment manufacturers are laughing all the way to the bank. At a time when farmers across the world are struggling to recover their cost of production, an Oxfam report...

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India’s Coming Misadventure With Rice Fortification in All Food Schemes -Kavitha Kuruganti

-TheWire.in The Union government, cut off from the realities of the vast diversity of health and poverty conditions of the country, appears to have bitten the bait of corporate lobbies. Madhu Soren (12) and Bokai Soren (7) are two brothers with thalassemia in a village in Jharkhand’s East Singhbhum district. Thalassemia is a genetic blood disorder in which the body has lower than normal amounts of haemoglobin, an oxygen-carrying protein. When there is...

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