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 »SEARCH RESULT
Total Matching Records found : 1997
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...
More »Stress in villages, but growth in cities, says Hindustan Unilever CEO - Sagar Malviya
Economic Times Unilever global chief executive Alan Jope said high inflation impacted demand from low income consumers in Indian villages even as growth remains stronger in cities. "The market growth in India remains stronger in urban areas than in rural areas and that reflects the high impact of high food inflation on low income consumers. We are seeing rural markets broadly flat in value terms with lower volumes," Jope said during its...
More »Joshimath sank 5.4cm in 12 days, ISRO satellite images show - Poulomi Ghosh
-Hindustan Times The National Remote Sensing Centre of the Indian Space Research Organisation has released satellite images of Joshimath, the Uttarakhand town gradually sinking because of land subsidence. It has revealed that a rapid subsidence of 5.4 centimeters has been recorded in 12 days between December 27, 2022 and January 8, 2023. The 12-day period of subsidence has been rapid, because between April 2022 and November 2022, Joshimath saw a slow...
More »PMO holds high-level meet on Joshimath land subsidence; Experts conduct study
-Hindustan Times The meeting came after Prime Minister Narendra Modi expressed concern over the Joshimath land subsidence issue and reviewed the situation with Uttarakhand chief minister Pushkar Singh Dhami The Prime Minister’s Office (PMO) has held a high-level review meeting on the land subsidence activities in Uttarakhand’s Joshimath and a team of central agencies and experts are assisting the state government to prepare short, medium and long-term remedial measures to deal with...
More »
