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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Millets need a procurement push - A Narayanamoorthy
The Hindu Businessline With the Centre’s initiative, the UN General Assembly declared 2023 as the international year of millets. Nutri-cereal crops or millets are the main sources of micronutrients such as calcium, fibre, protein, iron, etc. Given the higher level of micronutrient deficiencies among the large population of India, the continuous reduction in area under nutri-cereals can pose a threat to nutritional security. Recognising the importance of these crops as well as popularizing...
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...
More »Average employment days under MGNREGA could be at three-year low in FY23 - Parvathi Benu
The Hindu Businessline The average days of employment per household under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in FY23 are likely to be lower than in the last two fiscal years. This is according to the analysis of the data the Ministry of Rural Development put out. Data until March 6 show that the average days of employment under the Act was 45 in FY23. An extrapolation of the...
More »Real Wages Declined for Rural Indians in 2022, a Year When the Economy Somewhat Recovered
The year 2022 was supposed to mark the recovery of the Indian economy from the Covid-19 pandemic and lockdowns of the preceding two years. However, the Russian invasion of Ukraine in February pushed up prices of food, fuel and fertilizer worldwide. In India consumer price inflation, which had declined to under 5 percent in the September-November period of 2021, has steadily increased, staying above 6 percent throughout 2022. What happened to rural incomes in 2022? An...
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