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01Feb 2025

Household Consumption Survey Reveals Economic Inequality Decline

Why in the news? The Ministry of Statistics and Programme Implementation released the 2023-24 Household Consumption Expenditure Survey, highlighting reduced urban-rural consumption gaps, declining Gini coefficients, and improved economic well-being across India, reflecting increased economic inclusivity and balanced development. Urban-Rural Consumption Gap: The urban-rural consumption disparity has declined across major states, indicating balanced economic growth. …

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12Jul 2024

Mobilizing Women and Tackling Poverty: DAY-NRLM’s

Why in the News? Shri Charanjit Singh highlighted the government’s efforts to combat climate change and poverty at a J-PAL South Asia roundtable in New Delhi. The focus was on multi-stakeholder collaborations and the role of local community knowledge in poverty alleviation. DAY-NRLM’s Impact: Mobilized over 10.04 crore women into 90.76 lakh self-help groups. Promoted …

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09May 2024

INCLUSIVE GROWTH

Introduction Inclusive growth is a concept that emphasizes fair distribution of resources, ensuring that all segments of society benefit. The World Bank views it as a balance between the rate and structure of growth, while the UNDP sees it as a process where everyone participates and gains equally. The OECD defines it as economic growth …

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06May 2024

MAKE THE POOR RICHER WITHOUT MAKING THE RICH POORER

Syllabus: GS-III: Indian Economy Why in the news? Inequality debate intensifies in India over Congress manifesto, sparking controversy about wealth redistribution and tax reforms. source:reddit Introduction: Debate Triggered by Congress Manifesto Congress manifesto release prompts economic redistribution discourse. PM Modiaccuses Congress of advocating wealth redistribution. Global context underscores the urgency of addressing economic inequality. Understanding the …

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06May 2024

INDIA URGES ADB TO PRIORITISE POVERTY REDUCTION ALONGSIDE SUSTAINABLE GROWTH

Why in the news? India advises ADB to maintain focus on poverty reduction while fostering sustainable growth, emphasising its critical role. About India’s Call to Asian Development Bank (ADB): Focus on Poverty Reduction: India emphasised the importance of not overlooking the ongoing efforts to reduce poverty while promoting sustainable growth. Intervention at ADB Meeting: During …

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04May 2024

THIS IS THE YEAR TO GET THE SDG GOALS BACK ON TRACK

SYLLABUS: GS 2:Welfare schemes for vulnerable sections of the population by the Centre and States and the performance of these schemes; mechanisms, laws, institutions and Bodies constituted for the protection and betterment of these vulnerable sections. GS 3: Conservation, environmental pollution and degradation, environmental impact assessment. Focus: “Development Goals (SDG), that was held in New …

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