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Over 24.8 crore people moved out of poverty in India in nine years: NITI report. The Index Released by - Niti Aayog, which is the nodal agency to release Multidimensional Poverty (MDP) report for States and Union Territories. Purpose - Plays a role in assessing advancements towards Sustainable Development Goals (SDGs) 1.2. SDG 1.2. - By 2030, reduce at least by half the proportion of men, women and children of all ages living in poverty in all its dimensions according to regional definitions. Multidimensional Poverty - Poverty – According to the World Bank, those who are unable to earn 2.15 dollar per day are living…
04 February, 2024
Poverty
Global Multidimensional Poverty Index (MPI) 2022 The United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) recently released the Global Multidimensional Poverty Index (MPI) 2022. What are the Index's main highlights? Global Information: Multidimensional poverty affects 1.2 billion people. Children under the age of 18 accounts for half of the poor (593 million). Sub-Saharan Africa has the poorest people (579 million), followed by South Asia (385 million). Together, the two regions are home to 83% of the poor. Pandemic Effects: However, the data do not reflect post-pandemic changes. According to the report, the Covid-19 pandemic…
15 October, 2022
Poverty
Poverty and Shared Prosperity in 2022 A paper titled "Poverty and Shared Prosperity 2022: Correcting Course" was just published by the World Bank. What are the Report's Findings? Global Poverty Reduction: Since 2015, the rate of global poverty reduction has been sluggish, but the cholera pandemic and the Ukraine conflict have completely turned the trend around. The rate of extreme poverty around the world had decreased by more than half by 2015. Since then, global economic growth has slowed as poverty alleviation has also slowed. As a result, the 2030 global objective to alleviate severe poverty would not be met.…
06 October, 2022
Poverty
Social security, hunger and Covid-19 Introduction The pandemic has highlighted the importance of expanding social security nets What is the new normal? The people of India have embraced the new normal where self-protection is inseparable from economic activity. It attempts to poetically celebrate the spirit of resilience among the people by alluding to “self-protection” by shying away from the government’s responsibility of social protection. The experience for the poor is a kind of syndemic: a juxtaposition of the healthcare crisis due to the pandemic and the daily precarity of having to deal with hunger and uncertainty about livelihoods. The rural-urban…
13 May, 2021
Poverty
Rising poverty post COVID-19 Poverty levels in India and China A new study by the Pew Research Center estimates that the COVID-19 pandemic has had a disproportionately deleterious impact on living standards in India and China in 2020, with the sharp economic contraction in the former pushing as many as 7.5 crore people into the ranks of the poor (those who earn $2 or less a day). In contrast, the figure is about 10 lakh in China, whose economy slowed but continued to post growth. In absolute terms, the number of poor in India is posited to have swelled to…
22 March, 2021
Poverty
The Parliamentary Standing Committee on Rural Development has submitted its report to the Lok Sabha. It suggests that the Central Government must increase the small number of pensions provided for poor senior citizens, widows and disabled people under the National Social Assistance Programme(NSAP). About National Social Assistance Programme(NSAP): Nodal Ministry: It was launched in 1995. It is a welfare programme administered by the Ministry of Rural Development. The programme is being implemented in rural areas as well as urban areas. Aim: To provide financial assistance to the elderly, widows and persons with disabilities in the form of social pensions. Current Schemes under…
11 March, 2021
Poverty
Analysis of Oxfam: Inequality Virus Report Inequality in India has risen to levels last seen when it was colonised. The additional wealth acquired by India’s 100 billionaires since March when the lockdown was imposed is enough to give every one of the 138 million poorest ?94,045, according to the Oxfam: Inequality Virus Report. An unskilled worker in India would take three years to earn what the country’s richest person earned in one second last year, the report calculates. The worsening inequality in income and opportunities impacts some sections disproportionately due to discrimination based on gender, caste and other factors. The…
28 January, 2021
Poverty
The majority cannot afford a balanced diet By, Madhura Swaminathan is Professor and Head of the Economic Analysis Unit, Indian Statistical Institute, Bengaluru Context New analysis from the Food and Agriculture Organization (FAO) shows that hundreds of millions of people in India above the international poverty line of $1.90 purchasing power parity (PPP) per person per day cannot afford a healthy or nutritious diet. State of Food Security and Nutrition in the World 2020 (SOFI 2020) This analysis confirms the fact that the problem of poor nutrition in India is largely on account of the unaffordability of good diets, and…
28 July, 2020
Poverty
Multidimensional Poverty Index GS-PAPER-3 Poverty (PT-MAINS) The Multidimensional Poverty Index was launched by the United Nations Development Programme (UNDP) and the Oxford Poverty & Human Development Initiative (OPHI) in 2010. MPI is based on the idea that poverty is not unidimensional (not just depends on income and one individual may lack several basic needs like education, health etc.), rather it is multidimensional. The index shows the proportion of poor people and the average number of deprivations each poor person experiences at the same time. MPI uses three dimensions and ten indicators which are: Education: Years of schooling and child enrollment (1/6 weightage each, total 2/6); Health: Child mortality and nutrition (1/6 weightage each,…
18 July, 2020
Poverty
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