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India is among the five countries globally with the largest number of people living in poverty, according to the UN report that said 1.1 billion people, over half of them minors, live in acute poverty worldwide. The latest update of the global Multidimensional Poverty Index (MPI) was released on Thursday by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) based at the University of Oxford. It said that 1.1 billion people live in acute poverty worldwide, with 40 per cent living in countries experiencing war, fragility and/or low peacefulness, according to at least one of the three widely used datasets of conflict settings. India has 234 million people living in poverty, which is medium Human Development Index, placing the country among five globally with the largest number of people living in poverty. The other four countries are Pakistan (93 million), Ethiopia (86 million), Nigeria (74 million) and the Democratic Republi
To catch up with peers, not only in size but also in per capita income, India must focus on health and education
Here is the best of Business Standard's opinion pieces for today
The Union government should allow federalism to function more effectively if it wishes to push human development
India's ranking on the United Nations Human Development Index (HDI) improved by one position in 2022 to 134 out of 193 countries ranked compared to 135 out of 191 countries in 2021. On the Gender Inequality Index (GII) 2022, India has been ranked at 108 out of 193 countries with a score of 0.437. Its rank was 122 out of 191 countries with a score of 0.490 in the GII-2021. This shows a significant jump of 14 ranks on the GII-2022 vis-a-vis the GII-2021, the women and child development ministry said. However, the country also has one of the largest gender gaps in its labour force participation rate -- a 47.8 per cent difference between women (28.3 per cent) and men (76.1 per cent). After a drop in its HDI value in 2021 and following a flat trend over the past few years, India's HDI value has increased to 0.644 in 2022, placing the country at 134 out of 193 countries and territories in the just released 2023/24 Human Development Report (HDR). India ranked 135 out of 191 countries in
Article 280 of the Constitution says that the President of India can constitute a Finance Commission to make recommendations regarding the distribution of tax proceeds between the Centre and states
PM Modi, in his Independence Day speech on Tuesday, also said that India would become the third-largest economy during his third term
India's ranking on the UN's HDI has remained more or less unchanged, suggesting the country is doing no better or worse than others, though most are growing much slower than India, writes T N Ninan
Here is the best of Business Standard's opinion pieces for Saturday
While some of the HDI loss will survive into the future, it does not necessarily affect India's index rank in relation to others, which is down by just one over the six years to 2021, writes T N Ninan
UNDP report cites falling life expectancy as reason; global index falls for 2 yrs in a row
Says country will the milestone assumed in the Budget despite the tense geopolitical situation
Book review of GDP: The World's Most Powerful Formula and Why it Must Change
In the last one year, India has slipped on more than a dozen global indices leading the government to look for ways to improve its international rankings
Dhaka's justification for breaking away from West Pakistan is now self-evident. If it has done better than New Delhi in 50 years, it has completely outpaced Pakistan on every metric, writes T N Ninan
Human Development Index is the measure of a nation's health, education, and standards of living.
India's Human Development Index or HDI position has marginally dropped after improving last year
India's ranking in Human Development Index has hovered around 130 with no perceptible improvement for many years
Life expectancy, the average number of years a person spends in school, and incomes in India are close to the South Asian average