The World Bank said improved infrastructure, specifically rural electrification, has had far-ranging effects
The prime minister said the country's economy was likely to grow by 7 per cent or a little more in the current financial year.
The 78-year-old Naveen is on the cusp of creating history. He must win the forthcoming Assembly polls to become India's longest-serving chief minister, a record held by Sikkim's Pawan Kumar Chamling.
Congress leader Rahul Gandhi on Wednesday dubbed the electoral bonds as the 'world's biggest extortion scheme' and alleged that Prime Minister Narendra Modi is the 'champion of corruption'.
The committee, to be constituted in a couple of months, would take a comprehensive view on the entire method of estimating poverty, including the Socio-Economic Caste Census 2011.
Prime Minister Narendra Modi on Friday gave a clarion call to all neighbouring and countries of the South Asian Association for Regional Cooperation to work "shoulder-to-shoulder" to remove poverty from the region, leaving behind the world of death and killings.
The Survey estimated that a UBI that reduces poverty to 0.5 per cent would cost 4-5 per cent of GDP, assuming that those in the top 25 per cent income bracket are not part of the loop.
Among the major states, Orissa recorded the steepest fall in poverty from 2004-05 to 2009-10.
While India should be concerned about disparities, the fact is that whereas three decades ago about half the people had incomes greater than $2.15 a day, today seven out of eight do, notes T N Ninan.
Angus Deaton's Nobel Prize should spark off more research on the measurement and usefulness of poverty percentages.
According to a new report by international management consulting firm Arthur D Little, the worst of COVID-19's impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita income, which in turn will result in a steep decline in the Gross Domestic Product (GDP). "Given the continued rise of COVID-19 cases, we believe that a W-shaped recovery is the most likely scenario for India. This implies a GDP contraction of 10.8 per cent in FY 2020-21 and GDP growth of 0.8 per cent in FY 2021-22," the report said.
Amidst acute poverty across South Asia, the five states of Delhi, Kerala, Goa, Punjab and Himachal Pradesh have the least number of poor people in India, according to a new measure of global poverty developed at the University of Oxford for the UNDP.
The construction sector is now India's second-largest employer after agriculture, the trend coinciding with India's high-growth phase and decline in poverty levels
The BJP president said that the focus of development should be on agriculture and its allied industries and called for the promotion of PPP model to encourage private entrepreneurs to participate in development projects.
The Met office has issued a "red" warning for Delhi, Haryana, Punjab and west Rajasthan, stressing the need for "extreme care for vulnerable people".
Several states have witnessed higher GSDP growth and higher poverty at the same time.
There is certainly something missing with the way poverty is measured in India.
A programme that endeavours to graduate the poorest people could have seminal implications for Prime Minister Narendra Modi's government.
'Rahul is not even a lamp before the sun'
In July, the Planning Commission said that the number of people living below poverty line has come down both in rural as well as urban areas.
Targeting Modi over inflation, Priyanka called him a "mehengai" man.
The report also said that the productivity gap between the industrialised region and most others remains wide, even as productivity levels have been on the rise over the past decade worldwide.
The national poverty rate is 14.7 percent.
The poverty ratio was highest in Chhattisgarh at 39.93 per cent.
Poverty in the country fell 7.4 percentage points in the past five years.
ADB's calculations imply almost half of India's population (47.7 per cent) was below the line in 2010. Both these estimates are based on the year 2005's purchasing power parity rates.
It has been slower compared to smaller neighbouring countries.
Rashford earned praise during the COVID-19 pandemic when he launched a child food poverty campaign, which prompted a government U-turn in 2020.
'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'
Even if you raise the poverty line as much as the Expert Group does, it turns out just 11 per cent of Indians are poor, not 37 per cent -- that's a huge poverty of estimation.
China, which is building numerous villages in Tibet close to its borders with India and Bhutan, has held several celebratory events to mark its takeover of Tibet in the new border villages with a mix of border troops and the local population, the official media in Beijing reported.
'I am shocked that the BJP makes so many commitments. What did they deliver as the NDA?'
'The West has always opposed a strong nationalist leader in India and Narendra Modi is no exception.' 'The West prefers weak leaders who are amenable to Western pressure and Mr Modi's independent stance is not to the liking of the West,' asserts Colonel Anil A Athale (retd).
National estimates of the percentage of the population falling below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group.
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