During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and Growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...

-The Hindu The political emphasis on welfare interventions is insufficient to address the emerging developmental issues in the State A major concern in contemporary Indian development is the widening socio-economic disparity across groups and regions. Even when regions perform relatively better in one developmental dimension, it does not often translate into all round development. For instance, Himachal Pradesh and Kerala might have attained better levels of human development but that has not...

-The Telegraph Maharashtra leads the surge, Kerala improves, says health ministry India’s health ministry reported over 40,000 new Covid-19 cases on Saturday, raising the count of patients by over 17,000 in a single day after a week during which the spread of the virus was the fastest since August. The 40,953 lab-confirmed Covid-19 cases, over 25,000 in Maharashtra alone, documented till 8am on Saturday increased the number of patients under medical supervision to...

-Livemint.com The shrinking of middle class population could have a medium-term impact on India’s Growth trajectory The coronavirus pandemic may have shrunk India’s middle-class population by 32 million and driven 75 million below the poverty line in 2020, a Pew Research Centre report said, as a severe recession walloped Asia’s third-largest economy. The report, which is based on an analysis of World Bank data, said that in comparison China fared much better, with...

-The Hindu Pew Research report suggests middle class may have shrunk by 30% and number of poor risen by 7.5 crore India’s middle class may have shrunk by a third due to 2020’s pandemic-driven recession, while the number of poor people — earning less than ₹150 per day — more than doubled, according to an analysis by the Pew Research Center. In a comparison, Chinese incomes remained relatively unshaken, with just a...