Poverty Index

India progresses in feeding people, has miles to go to meet target

Despite improvement, one in four of the world's undernourished live in the country

Do we need new line to assess poverty? Should an expert panel be appointed?

The Rangarajan Committee used alternative methodology, wherein a household is considered poor if it is unable to save

Devolution for development

Developed India needs local government-led human development to truly become an Inclusive India

Poverty rate in India between 4.5-5% in 2022-23; rural poverty at 7.2%: SBI

Meanwhile, urban poverty declined to 4.6 per cent from 13.7 per cent during the same period

Argentina's poverty levels hit 57% of population, 20-year high in January

Poverty levels skyrocketed to 57.4% of Argentina's 46 million people in January, the highest rate in 20 years, according to a study by the Catholic University of Argentina. The findings quickly unleashed accusations between Argentina's former Vice President Cristina Fernndez de Kirchner and the government of President Javier Milei, who came to power announcing a series of shock measures aimed at tackling the country's severe crisis. About 27 million people in Argentina are poor and 15% of those are mired in destitution, meaning they cannot adequately cover their food needs, according to the study released over the weekend. The UCA's social debt observatory is considered an independent and prestigious research space whose reports on poverty cover a larger geographical area than those conducted by Argentina's national statistics agency, INDEC. It also applies a methodology that addresses the problem with a more multidimensional approach and its findings are seldom questioned by ...

250 million people lifted out of poverty by Modi govt: Union Min Sonowal

More than 25 crore Indians have been pulled out from poverty during the nine and half years of the BJP-led NDA government under the leadership of Prime Minister Narendra Modi, said Union Minister Sarbananda Sonowal. Speaking at a public gathering in Kendrapara district on Friday, the Union Minister of Ports, Shipping and Waterways and Ayush said Modi's dynamic and inspiring leadership has ensured that the fruits of governance reach everyone in the society. By nipping rampant corrupt practices of previous Congress governments in the bud, he has ensured that the progressiveness and inclusiveness in governance are executed in letter and spirit, Sonwal said. The days of "corrupt, inefficient and clueless" governance under Congress, which was marked with people suffering from poverty, hunger and distress, are a thing of the past now, he said. "The Modi Ki Guarantee programme will ensure welfare of the people and reinforce our commitment towards building a Viksit Bharat, an Atmanirbhar .

Wealth of 5 richest men doubled since 2020; 5 bn people now poorer: Oxfam

Fortunes of five richest men have more than doubled since 2020 and the world could have its first-ever trillionaire in just a decade while it would take more than two centuries to end poverty, rights group Oxfam said on Monday. Releasing its annual inequality report on the first day of the World Economic Forum (WEF) Annual Meeting here, Oxfam said seven of 10 of the world's biggest corporations have a billionaire as a CEO, or principal shareholder. It further said that 148 top corporations made USD 1.8 trillion in profits, 52 per cent up on three-year average, and dished out huge payouts to rich shareholders, while hundreds of millions faced cuts in real-term pay. Oxfam called for a new era of public action, including public services, corporate regulation, breaking up monopolies and enacting permanent wealth and excess profit taxes. The world's five richest men have more than doubled their fortunes from USD 405 billion to USD 869 billion since 2020 "at a rate of USD 14 million per

In 9 years, 248 mn moved out of multidimensional poverty: NITI Aayog

The paper estimated that the share of multidimensional poor in the Indian population declined sharply to 11.28 per cent in 2022-23, from 29.17 per cent in 2013-14

Over 248 mn Indians moved out of poverty in last 9 years: NITI report

As many as 24.82 crore people moved out of multidimensional poverty in nine years from 2013-14 to 2022-23, with Uttar Pradesh, Bihar, and Madhya Pradesh registering the largest decline, NITI Aayog said in a report on Monday. Multidimensional poverty is measured by improvement in health, education, and standard of living, it said. According to the NITI discussion paper, multidimensional poverty in India was found to have declined from 29.17 per cent in 2013-14 to 11.28 per cent in 2022-23, with about 24.82 crore people moving out of this bracket during this period. The national multidimensional poverty measures simultaneous deprivations across three equally weighted dimensions of health, education, and standard of living that are represented by 12 sustainable development goals-aligned indicators, according to NITI Aayog. These include nutrition, child and adolescent mortality, maternal health, years of schooling, school attendance, cooking fuel, sanitation, drinking water, electrici

Mexico's poverty rate falls to 43.5% in 4 yrs as remittances almost double

The poverty rate in Mexico has declined from 49.9 per cent of the population in 2018 to 43.5 per cent in 2022, according to a study published Thursday by the country's poverty analysis agency. The study by the agency, known as Coneval, showed a decline in a key measure of poverty over the four-year period. The reduction means there were 5.7 million fewer people who reported incomes below the market basket for basics like food and clothing. It was unclear what was behind the reduction in poverty. President Andrs Manuel Lpez Obrador took office in December 2018, and since then has more than doubled the country's minimum wage. The minimum wage was equivalent to about $4.50 per day in 2018, and now buys about $12, in part due to the appreciation of the Mexican peso against the dollar. But remittances the money sent home by Mexicans working abroad have also almost doubled in the same period, going from around $33.5 billion in 2018 to an annual rate of about $60 billion in 2023, based

Urban migration twist in NITI Aayog's multidimensional poverty index

The MPI report also noted that of the 112 aspirational districts, barring Bijapur in Chattisgarh, all the other districts saw a decline in the share of people living under multidimensional poverty

415 million Indians lifted out of poverty in 15 years: UNDP report

Those at the bottom of the pyramid are among those seeing the most progress, says UNDP report

BS Number Wise: Here's why India's poverty estimates are problematic

Traditional estimates of poverty in the country rely on indicators that are outdated or inaccurate

222 mn Indian children face double threat of disasters, poverty: Report

About 51 per cent of children in India are living under the dual impacts of poverty and the climate emergency, according to a new study. There are almost 350 million children across Asia, including 222 million in India, who are gripped by both grinding poverty and climate disaster, the 'Generation Hope: 2.4 billion reasons to end the global climate and inequality crisis' report stated. Developed by child rights NGO Save the Children and climate modelling from researchers at the Vrije Universiteit Brussel, it also stated that Cambodia topped the list of Asian countries most likely to face this "double threat", with 72 per cent of children in the country affected, followed by Myanmar (64 per cent) and Afghanistan (57 per cent). However, India was ranked the highest globally in terms of overall number of children facing this "double threat" of poverty and climate disaster, it stated. While 351.9 million children in India are estimated to be affected by at least one extreme climate eve

Poverty in India fell by 415 million in 15 yrs; still has maximum poor: UN

Global Multidimensional Poverty Index has revealed that COVID-19 pandemic had set progress in reducing poverty back by 3-10 years

140 million pulled out of poverty in India since 2015-16, says UNDP

Incidence of multidimensional poverty declined from 55.1% in 2005-06 to 16.4% in 2019-21

Poverty has fallen, but social inequality in India has increased: Report

The Competitiveness Roadmap for India@100 showed that inequality in India has increased sharply since 2000 in contrast to most of the other countries in the world

Poverty ratio 32.75% in rural areas against 8.81% in urban: NITI report

The report surveyed 175,946 households in urban areas and 425,563 households in rural parts

Reducing poverty

Real test of success lies in sustainability

25% of Indians poor on MPI metric, says NITI Aayog report

Report uses methodology developed by Oxford Poverty and Human Development Initiative and UNDP, says NITI Aayog Chairman Rajiv Kumar.