Scroll.in Since making headlines in January, Joshimath town in Uttarakhand continues to sink while the massive development projects, which locals insist are causing the subsidence, also continue. New cracks are appearing in the houses and roads of Joshimath town, along with deep cavities in the fields. But people who are affected, wait for rehabilitation, with only a few having received meagre compensation, that too for their houses alone. The government has neither come...
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135 Million Indians Exited “Multidimensional" Poverty as per Government Figures. Is that the same as Poverty Reduction?
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,...
More »India will soon become third largest economy. Does it matter?
Subhash Chandra Garg, Deccan Herald Given the depreciating USD, India’s $5tn GDP Goal of 2019-20 equals $5.74tn in 2022-23, and at further 3 per cent depreciation, it would need to be $6.65tn in 2027-28. The Government of India announced in 2019-20 the Goal of a $5 trillion GDP by 2024-25. India’s GDP was $2.84 trillion that year, needing a $2.16 trillion gap to cover in five years. India’s GDP reached $3.39 trillion...
More »School dropout rate is worrying - Deccan Herald
The high dropout rates in schools in several states, including Karnataka, during 2020-21, as revealed by data from the Ministry of Education, is a matter of concern when the education sector is considered to be recovering from the damage caused by the damage caused by the Covid pandemic. Karnataka, with a dropout rate of 14.6%, is in the company of states like Bihar and Gujarat, which had dropout rates higher...
More »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...
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