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
World Bank Senior Economist Silvia Redaelli said: "We see that in terms of monetary poverty, we still have half of the population that in 2023 is consuming below the poverty line."
The Prime Minister said the extension of the free ration scheme is "guarantee of Modi".
''Investments in a comprehensive SDG stimulus package would help to mitigate this effect, reducing the number of women falling into extreme poverty from 158.3 million to 43.3 million"
The report indicates that poverty has risen due to declining wages, reduced job quality, and the impact of high inflation on the purchasing power of people living in poverty, according to Dawn
World Bank data shows poverty shot up to 176 mn in 2019 from 152 mn in 2018
The agency stated in a press release on Sunday that Australia has contributed more than $5.1 million to the Afghanistan Humanitarian Fund
The lender on Friday also revealed that poverty in Pakistan shot up to 39.4% as of last fiscal year with 12.5 million more people falling into the trap due to poor economic conditions
Poverty in Pakistan shot up to 39.4 per cent as of last fiscal year, with 12.5 million more people falling into the trap due to poor economic conditions, the World Bank has said, as it urged the cash-strapped country to take urgent steps to achieve financial stability. The Washington-based lender on Friday unveiled draft policy notes that it prepared with the help of all stakeholders for Pakistan's next government ahead of the new election cycle, The Express Tribune newspaper reported. Poverty in Pakistan rose within one year from 34.2 per cent to 39.4 per cent, with 12.5 million more people falling below the poverty line of the USD 3.65 per day income level, according to the World Bank. About 95 million Pakistanis now live in poverty, it said. Pakistan's economic model is no longer reducing poverty, and the living standards have fallen behind peer countries, said Tobias Haque, the World Bank's lead country economist for Pakistan. The global lender urged Pakistan to take urgent ste
The Defence Minister said that he believes there can be no other religion than humanity and that the Central government is working for people irrespective of their caste and religion
Chief Minister Bhupesh Baghel on Sunday transferred Rs 2,055.6 crore into the accounts of beneficiaries as part of the Rajiv Gandhi Kisan Nyay Yojana (RGKNY) and other schemes
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
Multidimensional poverty index measures poverty on the basis of parameters such as nutrition, child and adolescent mortality, and maternal health, among others
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
The report also highlighted that the Centre's welfare support during the peak of the Covid pandemic helped reduce the incidence of multidimensional poverty
As many as 13.5 crore people in five years ended March 2021 moved out of multidimensional poverty, measured by improvement in health, education and standard of living, with Uttar Pradesh, Bihar and Madhya Pradesh registering the fastest reduction, said a Niti Aayog report on Monday. India has registered a significant decline of 9.89 percentage points in the number of India's multidimensionally poor from 24.85 per cent in 2015-16 to 14.96 per cent in 2019-2021, according to the second edition of the National Multidimensional Poverty Index (MPI). While rural areas witnessed the fastest decline in poverty from 32.59 per cent to 19.28 per cent, urban areas saw a reduction in poverty from 8.65 per cent to 5.27 per cent. "A record 13.5 crore people moved out of multidimensional poverty between 2015-16 and 2019-21," said the report 'National Multidimensional Poverty Index: A Progress Review 2023' released by Suman Bery, Vice-Chairman, Niti Aayog. The National MPI measures simultaneous ...
Uttar Pradesh recorded the steepest decline in the number of poor with 34.3 million people escaping multidimensional poverty, according to the report
India witnessed 13.5 crore people moving out of multidimensional poverty between 2015-16 and 2019-21 with fastest reduction in Uttar Pradesh, Bihar, Madhya Pradesh, Odisha and Rajasthan, a Niti Aayog report said on Monday. The report -- 'National Multidimensional Poverty Index: A progress of Review 2023' -- was released by Suman Bery, Vice-Chairman, Niti Aayog. "India has registered a significant decline of 9.89 percentage points in number of India's multidimensionally poor from 24.85 per cent in 2015-16 to 14.96 per cent in 2019-21," it said. The National MPI measures simultaneous deprivations across three equally weighted dimensions of health, education, and standard of living that are represented by 12 sustainable development goal (SDG) aligned indicators. The report said rural areas witnessed the fastest decline in poverty from 32.59 per cent to 19.28 per cent, while the urban areas saw a reduction in poverty from 8.65 per cent to 5.27 per cent. Providing multidimensional pove
The 1974 blockbuster Roti, Kapda aur Makaan tapped into popular emotions sparked by rising inequality
A total of 415 million people moved out of poverty in India within just 15 years from 2005/2006 to 2019/2021, the UN said on Tuesday, highlighting the remarkable achievement by the world's most populous nation. The latest update of the global Multidimensional Poverty Index (MPI) was released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford. It said that 25 countries, including India, successfully halved their global MPI values within 15 years, showing that rapid progress is attainable. These countries include Cambodia, China, Congo, Honduras, India, Indonesia, Morocco, Serbia, and Vietnam. In April, India surpassed China to become the world's most populous nation with 142.86 crore people, according to UN data. "Notably, India saw a remarkable reduction in poverty, with 415 million people exiting poverty within a span of just 15 years (2005/619/21)," the report said. The report demonstrate