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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No Plan to Grant Autonomy to National Statistical Commission: Union Government - The Wire
The Union government told the Rajya Sabha on Monday (July 31) that it has no plans to empower the National Statistical Commission (NSC) using a legislation. Minister of state for statistics and programme implementation Rao Inderjit Singh was answering a question on whether the government is planning to empower the NSC by insulating the selection process from political bias. Singh responded that said the chairman and members of the NSC are selected...
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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 »Why is there friction between the government and the judiciary? -Krishnadas Rajagopal
-The Hindu What is the trigger for the current conflict? Why did the Supreme Court strike down the law on National Judicial Appointments? What is the government’s grouse against the Collegium system? What is the new CJI planning? The story so far: A major confrontation is on between the Union government and the Supreme Court over the former’s resentment towards the Collegium system of appointments and its push to have a dominant...
More »Need to make agri credit system equitable -Bishwa Bhaskar Choudhary
-The Tribune The agency-wise share indicates that agricultural credit dispensation in the country is heavily dependent on commercial banks and points towards the poor credit delivery capability of cooperative banks and regional rural banks. THE availability of finance is a key driver of progress in any sector. In the case of agriculture, access to adequate credit assumes vital significance since most of the agriculturists are small or marginal farmers. It has been...
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