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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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 »Jean Dreze: No Point In India Growing So Fast If Wages Stagnate And Social Spending Is Slashed - Shreehari Paliath
Budget 2023's allocations for most critical social security schemes have declined in real terms, says economist Jean Dreze - IndiaSpend The last full Union budget before the next general elections in 2024, which was presented on February 1, gets "a big zero" in terms of welfare spending from economist and social activist Jean Dreze. Budget allocations for most critical social security schemes have declined in real terms, Dreze said. The Union government withdrew...
More »Expand PDS to include non-ration card holders and 10 crore excluded by using old census figures: Right to Food Campaign
A coalition of civil society activits has criticized the Union Budget 2023-24 for reducing government spending on the social sector by a massive amount. The economic crisis induced by the Covid-19 pandemic was borne disproportionately by those at the bottom of the pyramid and in this context spending on social protection schemes such as the Public Distribution System, anganwadis, pensions and MGNREGA is especially important. But the Government of India has...
More »Budget Briefs: Food Subsidy in FY 2022-23 lower by 28%, 12.3 crore excluded - Jenny Susan John, Avani Kapur, Ria Kasliwal
Accountability Initiative, Centre for Policy Research Budget 2023-24 will be unveiled on February 1. As part of laying the context this brief, prepared by the Accountability Initiative, examines the allocation and expenditure trends for India's food subsidy. At the start of the current Financial Year (FY) 2022-23, Government of India allocations for Food Subsidy stood at Rs. 2,06,831 crore, which was 28 percent lower than the previous year's Revised Estimates (REs)....
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