Tuesday, 28 June, 2022
TopicExtreme Poverty

Topic: Extreme Poverty

Urban poverty rose sharply after demonetisation in 2016, World Bank study shows

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.

1 in 6 kids lived in extreme poverty before Covid, condition to worsen globally — UN report

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.

India could see millions pushed into extreme poverty due to pandemic: World Bank analysis

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.

Extreme poverty in the world is declining, but not fast enough: World Bank

Despite progress, poverty rates remain high in countries affected by conflict and political upheaval, says World Bank study.

On Camera

YourTurn

J.P.Singh, joint secretary (Pakistan, Afghanistan and Iran Division), MEA, meets Taliban's interim foreign minister Amir Khan Mottaki | Photo credit: Twitter/@QaharBalkhi

Hard-nosed, practical—why India has revived relations with Kabul, and why Taliban is welcoming

By protecting the Indian embassy in Kabul for the last ten months, the Taliban is sending a message to its neighbours and the rest of the world.
An employee works at Mahindra & Mahindra Ltd. facility in Chakan, Maharashtra | Bloomberg file photo

Bigger cars, smaller chips — Why Mahindra is worried about increased wait time

A major focus for Mahindra will be defending its market share in the large-format SUV segment from Tata Motors and Hyundai Motor.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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