Page 4 - Poverty

Budget 2023 fails to address problems of unemployment, poverty: Opposition

As the country is scheduled to have Assembly polls in some states in 2023 as well as Lok Sabha elections in 2024, the Opposition did not miss the opportunity to termed the Budget as anti-poor

Major reduction in global poverty rates due to scientific progress: INSA

Indian National Science Academy (INSA) president and the country's chair for the G20 Science-20 Inception Meeting Dr Ashutosh Sharma pointed out that scientific progress has helped in drastically reducing poverty levels across the world over the last few decades. He was speaking after inaugurating the two-day S20 meeting here on Monday at a private convention centre with participation of delegates of G20 countries with representatives of their science academies. The deliberations are part of a series of meetings being held across the country on various themes as part of India's year-long G20 presidency. "India is proud to host this gathering of nations from across the globe that value science and technology as essential elements for global development," Dr Sharma told the gathering. "We must recognise that science has played an integral role in not only our economic growth but also in positive social transformation including providing access to quality healthcare and education ..

FAO: Rising prices, population, food insecurity add to ranks of hungry

Growing numbers of people in Asia lack enough to eat as food insecurity rises with higher prices and worsening poverty, according to a report released Tuesday by the Food and Agricultural Organisation and other United Nations agencies. Nearly a half-billion people, more than eight in 10 of them in South Asia, were undernourished in 2021 and more than 1 billion faced moderate to severe food insecurity, the report said. For the world, the prevalence of food insecurity rose to more than 29 per cent in 2021 from 21 per cent in 2014. The COVID-19 pandemic was a huge setback, causing mass job losses and disruptions, and the war in Ukraine has pushed up prices for food, energy and fertiliser, putting an adequate diet out of the reach of many millions, it said. The report is the fifth annual stocktaking on food insecurity and hunger by UN agencies including the FAO, UNICEF, World Health Organisation and World Food Programme. Over those years, progress toward alleviating hunger and ...

Quarter of Iraqi population beneath poverty line in 2022: Ministry

The Iraqi Ministry of Planning has said that the poverty rate in the country was 25 per cent in 2022

685 million could be living in extreme poverty by 2022-end: World Bank

733 million people currently have no access to electricity and by 2030, 670 million people will remain without it, says World Bank's latest report

UNDP report says 415 million people lifted out of poverty in India: Centre

More than 400 million people were lifted out of poverty in India between 2005-06 to 2019-21, the government said on Monday citing UNDP's Global Multidimensional Poverty Index (MPI) 2022. As per the baseline report of MPI 2021 released by NITI Aayog, India's MPI identifies 25.01 per cent of the population as multidimensionally poor, Minister of State (Independent Charge) of Ministry of Planning Rao Inderjit Singh said in a written reply to the Rajya Sabha. "As per the 'Global Multidimensional Poverty Index 2022: Unpacking deprivation bundles to reduce multidimensional poverty' report released by Oxford Poverty & Human Development Initiative (OPHI) and United Nations Development Programme (UNDP), in India, 415 million people exited poverty between 2005-06 to 2019-21," Singh said. The MPI data was based on National Family Health Survey (NFHS)-5, which was conducted over two years from June 17, 2019 to April 30, 2021 due to delay caused by the pandemic. The percentage of population as

Cong raised 'Garibi Hatao' slogan, but poverty increased under its rule: PM

Prime Minister Narendra Modi on Thursday took a swipe at the Congress over its past 'Garibi Hatao' campaign, claiming that poverty actually increased under the grand old party's rule as it only raised slogans and misguided people instead of doing any concrete work for them. He was addressing a rally in Bodeli town of Chhotaudepur district in Gujarat, where Assembly elections will be held in its second phase on December 5. "For decades, Congress has been saying only one thing - Garibi Hatao (eliminate poverty). People gave you power to do that, but you were asking people to remove poverty. The only thing they did was to raise slogans, give promises and misguide people. That was the reason why poverty actually increased during its regime," Modi alleged. Due to the previous Congress-led government's policies, poor citizens could not play an active role in the economy, he said, adding that although banks were nationalised under the Congress rule, the poor could not open their bank ...

China may not pay for climate change despite being 'biggest annual emitter'

Chinese policymakers do not agree with the suggestion that China should be considered a developed nation; according to Chinese policymakers, China continues to have extreme poverty in the country

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

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

International Day for the Eradication of Poverty 2022: All you need to know

On December 22, 1992, the United Nations General Assembly (UNGA) passed a resolution designating October 17 as the International Day for the Eradication of Poverty

50% of world's poorest need debt relief to avert development crisis: UNDP

Fifty-four developing economies accounting for more than half of the world's poorest people need urgent debt relief as a result of cascading global crises, according to the UNDP

56 mn Indians may have turned poor in 2020 due to pandemic: World Bank

"The global goal of ending extreme poverty by 2030 is likely to be missed: by then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill said.

India's support to poor during Covid remarkable, says World Bank president

India's support to the poor and needy during the COVID-19 pandemic crisis is remarkable, and other nations should adopt the Indian move of targeted cash transfer instead of broad subsidies, World Bank President David Malpass said on Wednesday. COVID-19 marked the end of a phase of global progress in poverty reduction. During the three decades that preceded its arrival, more than 1 billion people escaped extreme poverty. The incomes of the poorest nations gained ground, Malpass said in the forward to a study -- Poverty and Shared Prosperity Report -- released by the World Bank. The poorest people bore the steepest costs of the pandemic -- income losses averaged four per cent for the poorest 40 per cent, double the losses of the wealthiest 20 per cent of the income distribution. Global inequality rose, as a result, for the first time in decades, as per the report. Malpass in the forward to the report said the rise in poverty in poorer countries reflects economies that are more informa

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

Unemployment, poverty on rise as country's assets are being sold: Baghel

Chhattisgarh Chief Minister Bhupesh Baghel on Saturday claimed that the country's assets were being sold one by one, which has led to the rise in unemployment and poverty

Complete eradication of extreme poverty in Kerala in next 4 yrs: Minister

Kerala Minister for Local Self Governments and Excise MV Govindan announced that complete eradication of extreme poverty will be possible in Kerala within the next four years

WTO chief warns of 'bumpy' road as ministers work to reach deals

The WTO chief insisted that trade has lifted 1 billion people out of poverty, but poorer countries - and poor people in richer ones - are often left behind

Pandemic creates new billionaire every 30 hours: Oxfam at WEF summit

Covid-19 pandemic has seen one new billionaire emerging every 30 hours, while nearly one million people could be pushed into extreme poverty every 33 hours this year: Oxfam