The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
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Rajasthan’s Migrant Workers Adapt In Changing Job Market -Sunaina Kumar
-IndiaSpend.com New Delhi: At 7 a.m. every day, Vala Ram Gameti, 32, sets off from his home at Koviya village in southern Rajasthan to the nearest market, about 3 km away. He takes an hour for the day’s prep--chopping onions, carrots, cabbage, and stewing sauces. By 9 a.m., he pulls up the shutters of Bankyarani Chinese Corner, “the first-ever Chinese food stall in the area” as he proclaims it to be....
More »Sustained efforts required to reduce multidimensional poverty amidst the pandemic
Multidimensional poverty is about non-monetary poverty and is strongly associated with the challenges of achieving the Sustainable Development Goals (SDGs). Although previously defined only in monetary terms, poverty is now understood to include the lived reality of people’s experiences and the multiple deprivations they face. India’s multidimensional headcount ratio (H) i.e. the proportion or incidence of people (within a given population) who experience multiple deprivations has reduced from 55.1 percent to...
More »The myth of India’s import dependence -Rathin Roy
-Business Standard/ NIPFP In the wake of the growing military tension on the India-China border, there have been calls for boycott of Chinese products. These have little impact on strategic reality. Equally, the plea that India cannot afford to do without Chinese imports is not a truism. If bilateral tensions escalate, then there may be a scenario in which India and China cease to trade. How would the Indian economy be hit...
More »India slams Pakistan for refusal to join meeting to discuss locust menace
-PTI/ Livemint.com * India has already delivered 20,000 litres of pesticide to Iran for desert locust operations * India had proposed to Pakistan and Iran for a coordinated approach in dealing with the alarming threat of fast-increasing desert locusts in the region NEW DELHI: Pakistan refused to join a technical-level meeting with India to discuss the issue of locust menace, the Ministry of External Affairs said on Thursday, slamming Islamabad for showing "reticent...
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