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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Poverty eradication India’s biggest challenge -Bharat H Desai
-The Tribune Armed conflicts afflicting many parts of the world have taken a huge toll on global poverty eradication programmes, humanitarian assistance and relief provided by the aid agencies. Multilateral development banks and large aid agencies need to play enhanced roles in providing funds to eradicate multidimensional poverty. India needs to hold more vigorous drives to achieve the first of the 17 Sustainable Development Goals — to end all forms of...
More »41.5 crore Indians exited multi-dimensional poverty since 2005-06 -Jagriti Chandra
-The Hindu 22.8 crore in India still multi-dimensionally poor, of whom 9.7 crore are children As many as 41.5 crore people exited poverty in India during the 15-year period between 2005-06 and 2019-21, out of which two-thirds exited in the first 10 years, and one-third in the next five years, according to the global Multidimensional Poverty Index (MPI) released on Monday. The report produced by the United Nations Development Programme (UNDP) and the...
More »The poor are bearing the brunt of inflation -Krishna Raj
-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...
More »The Curious Case of India's Millions of ‘Missing’ Poor People -KD Maiti and Santosh Mehrotra
-TheWire.in There is a need to set right the ‘national multidimensional poverty index’ framework to capture the true story of deprivation. The global sustainable development agenda demands that countries measure the population living in poverty and reduce it by at least half by 2030. So, in order to monitor progress on this critical development indicator, UNDP and Oxford Poverty and Human Development Initiative (OPHI) compute what is called the ‘Multidimensional Poverty Index (MPI)’...
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