Extreme poverty Current Affairs, GK & News

Poverty and Shared Prosperity Report 2022

The World Bank’s report titled “Poverty and Shared Prosperity 2022: Correcting Course” provides the first comprehensive assessment of the COVID-19 pandemic’s impact on poverty in developing countries. Key findings The report projected that the world is unlikely to end the extreme poverty by 2030 because of the economic shocks caused by the COVID-19 pandemic and ..

Month: 

Category: 

Topics: 

World Bank Report on Extreme Poverty in India

According to a working paper of the World Bank, extreme poverty in India has dropped from 22.5 percent in 2011 to 10.2 percent in the pre-Covid year of 2019. Also, the pace of poverty reduction in rural India has been more than in urban areas of the country. Overview: In the urban and rural areas ..

Month: 

Category: 

Topics: 

IMF on Garib Kalyan Anna Yojana

The International Monetary Fund (IMF) has praised India’s efforts for food distribution during the COVID-19 pandemic. They said that the nation averted extreme poverty rise during this period by providing food security through the government initiative Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). Overview: The IMF has also stated that India’s extreme poverty is less ..

Month: 

Category: 

Topics: 

UNICEF’s ‘Fed to Fail?’ Report- Highlights

UNICEF released its new report titled “Fed to Fail? The crisis of children’s diets in early life” on September 23, 2021. Key Findings According to the report, Children aged under 2 are not getting the food or nutrients they need to thrive and grow well. This is leading to irreversible developmental harm. Report warns that ..

Month: 

Category: 

Topics: 

World Bank: 21 million to be out of Covid-induced poverty

The World Bank cut back on the Covid-induced poverty estimates by 21 million on September 15, 2021. Highlights World bank also said that, the global poverty may be turning the corner on pandemic in 2021. It also warned that the number of poor in the backdrop of Covid was still unprecedented. Implications of this estimate ..

Month: 

Category: 

Topics: 

October 17: International Day for the Eradication of Poverty

Every year, the International Day for the Eradication of Poverty is marked on October 17 by the United Nations. This year, the day is observed under the theme Theme: Acting together to achieve social and environmental justice for all Highlights The day was declared as the International Day for the Eradication of Poverty in 1992. ..

Month: 

Category: 

Topics: