The report said that inflation in most countries soared to multi-year highs last year, driven by a rebound in economic activity and a surge in supply chain disruptions.
Global Multidimensional Poverty Index 2022 covers 111 developing countries & shows India's progress outranks countries worldwide & also contributed to decline in overall poverty in South Asia.
India's official poverty estimates are more than a decade old. A consumption expenditure survey was last conducted in 2017-18 but its findings were never accepted by the govt.
Recovery after demonetisation was quick, but overall rate of poverty reduction in 2011-2019 period was lower than in 2004-2011, finds paper published last week.
Sub-Saharan Africa and South Asia consisted of 84 per cent of the world's extremely poor children, out of which India and Nigeria accounted for the most.
South Asia may see 42 mn people being pushed into extreme poverty, according to World Bank analysis, as the pandemic leads to longer shutdowns, increase in costs.
At 2nd such summit in Punjab for top investors organised by AAP since it came to power in Punjab, Lakshmi Mittal announced his Bathinda refinery has increased production of LPG by 3,000 tonnes/day.
The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.
Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.
Kerala’s “model” is an illusion built on the export of labor, not the creation of wealth.
Strip away the Gulf money, and the so-called miracle looks ordinary.
Facts speak louder than ideology:
• Annual remittances (2024–25): ~₹2.16 lakh crore — nearly ₹19,000/month per family.
• Remove this inflow, and Kerala’s per capita income collapses from ~₹2.8 lakh to ~₹1.15 lakh. By the way even with this it is nearly same as Uttarakhand’s ~₹2.7 lakh.
• NRI deposits: ₹3 lakh crore; remittance share: ~20% of India’s total.
Kerala doesn’t manufacture prosperity — it imports it.
Its real export is its people.
If Gulf remittances are proof of “development,” then the Bihari migrant in Delhi or Dubai deserves the same applause.
The myth of the Kerala model survives not on productivity, but on nostalgia and narrative.
Kerala’s “model” is an illusion built on the export of labor, not the creation of wealth.
Strip away the Gulf money, and the so-called miracle looks ordinary.
Facts speak louder than ideology:
• Annual remittances (2024–25): ~₹2.16 lakh crore — nearly ₹19,000/month per family.
• Remove this inflow, and Kerala’s per capita income collapses from ~₹2.8 lakh to ~₹1.15 lakh. By the way even with this it is nearly same as Uttarakhand’s ~₹2.7 lakh.
• NRI deposits: ₹3 lakh crore; remittance share: ~20% of India’s total.
Kerala doesn’t manufacture prosperity — it imports it.
Its real export is its people.
If Gulf remittances are proof of “development,” then the Bihari migrant in Delhi or Dubai deserves the same applause.
The myth of the Kerala model survives not on productivity, but on nostalgia and narrative.
Kerala’s “model” is an illusion built on the export of labor, not the creation of wealth.
Strip away the Gulf money, and the so-called miracle looks ordinary.
Facts speak louder than ideology:
• Annual remittances (2024–25): ~₹2.16 lakh crore — nearly ₹19,000/month per family.
• Remove this inflow, and Kerala’s per capita income collapses from ~₹2.8 lakh to ~₹1.15 lakh. By the way even with this it is nearly same as Uttarakhand’s ~₹2.7 lakh.
• NRI deposits: ₹3 lakh crore; remittance share: ~20% of India’s total.
Kerala doesn’t manufacture prosperity — it imports it.
Its real export is its people.
If Gulf remittances are proof of “development,” then the Bihari migrant in Delhi or Dubai deserves the same applause.
The myth of the Kerala model survives not on productivity, but on nostalgia and narrative.
Kerala’s “model” is an illusion built on the export of labor, not the creation of wealth.
Strip away the Gulf money, and the so-called miracle looks ordinary.
Facts speak louder than ideology:
• Annual remittances (2024–25): ~₹2.16 lakh crore — nearly ₹19,000/month per family.
• Remove this inflow, and Kerala’s per capita income collapses from ~₹2.8 lakh to ~₹1.15 lakh. By the way even with this it is nearly same as Uttarakhand’s ~₹2.7 lakh.
• NRI deposits: ₹3 lakh crore; remittance share: ~20% of India’s total.
Kerala doesn’t manufacture prosperity — it imports it.
Its real export is its people.
If Gulf remittances are proof of “development,” then the Bihari migrant in Delhi or Dubai deserves the same applause.
The myth of the Kerala model survives not on productivity, but on nostalgia and narrative.