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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,...

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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...

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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...

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Guidelines for farmers' subsidy to be revised - PTI/Economic Times

The Centre will introduce new guidelines for releasing subsidies to farmers for the purchase of farm machinery and tools, Union Minister of State for Agriculture and Farmers Welfare Shobha Karandlaje has said. A major portion of the subsidy is at present set apart for the purchase of tractors and farmers are not able to purchase other farm machineries and tools required for their daily work, she said.  The minister asked youth...

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Losing the pulse: Farmers will suffer a setback with falling chana prices. Govt must observe - Shweta Saini and Pulkit Khatri

-ThePrint.in With prices of chana trickling for two years now, the government must revisit its policies and save the crop before it is too late. Chana prices in India have been ruling below their minimum support price (MSP) levels since the last two years. But unlike cereals, edible oils, and vegetables, where inflation is regularly reported, falling prices of such crops seldom make it to the national media. These prices are important...

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