India’s extreme poverty rate declines from 27.1% in 2011-12 to 5.3% in 2022-23: World Bank
In contrast, nearly 45% of Pakistan's population lives in poverty, with 16.5% classified as living in extreme poverty, as per the report.
In contrast, nearly 45% of Pakistan's population lives in poverty, with 16.5% classified as living in extreme poverty, as per the report.
Hunger is a common physiological phenomenon. It is measured by the prevalence of undernourishment i.e. an individual’s habitual consumption of inadequate food.
Uttar Pradesh Chief Minister Yogi Adityanath has made a commitment to eradicate poverty from UP in the next three years and to make the state number one in the country.
Rajasthan Chief Minister Bhajan Lal Sharma took on the Congress and its leadership for "keeping in illusion poor people for decades on their poverty alleviation plank".
This contributes to 62.2 per cent of the country's total poor population of around 900,000 people.
It is no secret that the poor are entrapped by money lenders with exorbitant rates of interest.
There has been a growing awareness among microfinance institutions that credit is certainly not transformative. Although certain people will be able to use microfinance to alter their future and build their businesses, that is not the case with the majority who receive a loan. Most are going to use it to smooth out their consumption.
After more than seven decades of developmental plans and programmes, India holds the distinction of having the most numbers of poor of the world. As a result, South Asia has become the world's biggest centre of extreme poverty
The report stressed that while the new figures released show that before the COVID-19 pandemic hit, progress was being made in tackling multidimensional poverty, that progress is at risk.
The malnutrition paradox is that there are some countries that have become economic powerhouses with persistently high numbers of malnourished children, while other countries with low levels of national income have shown an appreciable progress in combating malnutrition by investing in cost-effective, proven interventions that ensure children's access to proper nutrition.
