The Wire The Niti Aayog’s second edition of the Multidimensional Poverty Index (MPI) has projected that about 14.96% of the Indian population is ‘multidimensionally’ poor. In absolute terms, 207.9 million (20.79 crore) Indians are poor and face deprivation in multiple development areas, as per population projections for the year 2021. Though this report also claimed that the multidimensional poverty in India has declined from 24.85% to 14.96% between 2015-16 and 2019-21. The...

Tomato prices are up through the roof. Retail prices are in the range of Rs 120-150 per kilogram in most mandis across India, making the household vegetable more expensive than petrol. Prices, which at the beginning of the year were in the range of Rs. 25 a kg, have increased by an order of between 500-600 percent.   What does the data show? The National Horticultural Board is a body under the...

Deutsche Welle/The Telegraph El Nino, a natural climate phenomenon that alters global weather patterns, has officially returned after four years, threatening to exacerbate already elevated food inflation. Growing warnings about El Nino have already helped coffee, sugar and cocoa prices to rise sharply in recent weeks, Germany's biggest private lender, Deutsche Bank, said in a research note last week. Other food commodities are expected to follow as harvests get impacted by severe...

Human-caused climate change made April's record-breaking heatwaves in Bangladesh, India, Laos, and Thailand at least 30 times more likely, according to an analysis conducted by a group of leading climate scientists. The study by World Weather Attribution also emphasises that the region's high vulnerability, known as a heatwave hotspot, exacerbated the impacts of the heatwave. During April, parts of south and southeast Asia faced an intense heatwave, reaching unprecedented temperatures exceeding 42...

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...