The Niti Aayog recently released its National Multidimensional Poverty Index 2023, according to which the poverty headcount ratio declined from 24.85 percent in 2015-16 to 14.96 percent in 2019-21. In absolute numbers this translates to 135 million people exiting multidimensional poverty in this time period. In addition, a few days earlier, the United Nations Development Programme (UNDP) released its own Multidimensional Poverty Index, which in a press note said that,...
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Poverty and inequality
KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
More »Around 12 Crore Persons 60+ Years Old; 85% Not Covered by Pension -Pulkit Sharma |
-Newsclick.in After BJP came to power in 2014, there has been no change in the coverage or amount disbursed under various pension schemes; inflation too not taken into account. New Delhi: There has been no change in the scope and amount of National Pension Schemes since the Bharatiya Janata Party (BJP) came to power in 2014. According to the data released by the National Social Assistance Programme of the Ministry of Rural...
More »India’s workforce demands fiscal support following the second wave of Covid-19! -Vallari Sanzgiri
-SabrangIndia.in On-ground voices and detailed reports highlight the need for cash transfers to keep vulnerable groups afloat in face of a growing unemployment Many experts and reports analysing the socio-economic impact of Covid-19 have demanded fiscal support for India’s vulnerable and below poverty line (BPL) population amidst the Covid-19 crisis. On June 17, 2021, this notion was reaffirmed when Confederation of Indian Industry (CII) President T. V. Narendran said, “There is an estimated...
More »It’s time to protect the poor and the migrants from rising edible oil prices
In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
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