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POVERTY REDUCTION INDIA
Luxury schools, big EMIs, premium vacations: CA warns why not low income but expensive expectations is a financial riskUrban Indian professionals face a new financial risk. High salaries no longer guarantee peace of mind. Rising lifestyle expectations trap m...
A founder, a fortune, and Microsoft’s final separation from the Bill Gates empireThe Bill & Melinda Gates Foundation Trust has completed its sale of Microsoft shares. This marks the end of a significant financial tie to ...
Quitting tobacco could give economic boost to over 20.5 million households in IndiaImagine a future where millions of Indian families break free from the grasp of tobacco, climbing up the economic ladder. The most disadvan...
IIFCL to raise up to $1 billion through MIGA guarantee fund this quarter to foster infra sector: MDIndia Infrastructure Finance Company Ltd plans to raise up to USD 1 billion. This will be done through the MIGA guarantee fund in the curre...
270 million Indians out of extreme poverty list: World BankIndia has made remarkable progress in reducing extreme poverty. World Bank data shows nearly 270 million people moved out of extreme povert...
Extreme poverty in India down to 5.3% in 2022-23: World BankIndia witnessed a significant decline in extreme poverty, dropping from 27.1% in 2011-12 to 5.3% recently, even with the World Bank's revis...
India lifted 170 million out of poverty in a decade: World BankA World Bank report reveals India lifted 170 million people out of poverty between 2011-12 and 2022-23, with extreme poverty declining sign...
Centre needs to extend policy focus beyond 'roti, kapda, makaan', says the office of CEAAs per the document, Indian witnessed a decline in inequality of consumption in the decade before the LPG reforms of 1991 due to regulatory...
India is taking millions of its people out of extreme poverty now — this will help to reduce global economic inequality: Justin Wolfers"The biggest low-income nations have moved closer to becoming middle-income — that itself helps to reduce global income inequality. Regardi...
India sees 415 million people coming out of poverty in 15 years: United NationsIndia witnessed an achievement in poverty reduction as 415 million people moved out of poverty within 15 years, from 2005/2006 to 2019/2021...
View: Despite doubts, there’s enough proof to conclude that foreign trade is good for poorAreas where workers faced foreign competition tended to have greater reduction in poverty rates.
India should focus more on reducing poverty than inequality: Arvind PanagariyaInequality is complex as well as multi-dimensional and in developing countries like India, poverty reduction should take precedence over in...
'Vested interests setback to India's poverty reduction quest'The economist said it was "ironical" that during the peak period of the country's development, the corresponding indexes for poverty reduct...
India to meet poverty reduction goal by 2015: UN ReportDespite widespread poverty in the country, India is on track to meet UN's Millennium Development Goal (MDG) of poverty reduction by 2015, a...
India needs high GDP growth to reduce poverty at faster pace: Montek Singh AhluwaliaThe reduction in poverty will be slower if the economic growth is not brought back on high growth track, said Planning Commission Deputy Ch...
Slippage in growth below 6% will make poverty reduction distant goalsTo achieve a reduction in the number of deprived households, we need a minimum of 6% growth in the economy. Thus, high growth is equally im...
- Why poverty reduction lags economic expansion in India
The rapid economic expansion over that past two decades has not resulted in matching reduction in poverty