Special Rapporteur Olivier De Schutter said most of those who will fall into extreme poverty will be informal sector workers or in precarious employment conditions, especially women.
Around 273 million people were lifted out of multidimensional poverty in India, the study by Oxford Poverty & Human Development Initiative with United Nations Development Programme has noted.
For two decades, I had maintained that unlike the developed West, India should not be overly concerned about inequalities because our economy was in the growth phase.
In terms of where poverty is located, it is likely to increase dramatically in middle-income countries in Asia, such as India, Pakistan, Indonesia and the Philippines.
A UN study said the pandemic may accelerate digitalisation and automation, which would not only aggravate income inequality but eliminate many existing jobs.
FM adds that AI-assisted technologies should be adopted in all districts to bring development & highlights importance of collaborative ecosystems in tech innovation.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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