Srinagar, Feb 6 (IANS) The national multi-dimensional poverty index (MPI) data from Niti Aayog indicates a reduction in poverty levels in Jammu and Kashmir, while also suggesting that access to education and safe drinking water is no longer considered a luxury in the union territory.Niti Aayog’s MPI measures simultaneous deprivations across health, education and standard of living using 12 indicators.Based on NFHS data, it acts as a policy tool for monitoring poverty. Recent data shows a signi…
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New Delhi, Feb 5 (IANS) Pakistan’s economy has been in a state of crisis for many years while India, a frequent point of comparison in Pakistani discourse, in sharp contrast, has surged far ahead to become the fastest growing major economy in the world, according to a new report.An article in media outlet Amu.TV states that after the Covid pandemic, the two neighbouring economies move in different directions. In 2022, Pakistan saw a decent rebound with around 6 per cent GDP growth, but this pr…
New Delhi, Feb 2 (IANS) BJP MP Tejasvi Surya on Monday drew a “stark contrast” between the President’s address during the UPA tenure and that of the NDA period, asserting that the Narendra Modi-led government has delivered the “most honest and integrable” policies over the past 10 years. Participating in the debate on the Motion of Thanks to the President’s Address in the Lok Sabha, Surya said the address marked a significant moment for the country.“This is the 12th year of the Nar…
Mumbai, Feb 1 (IANS) Maharashtra Congress President Harshwardhan Sapkal on Sunday said that the budget presented by the Narendra Modi government is no different from the previous budget. “This budget is not meant to satisfy any social class, but is limited to big figures and claims,” he said. He alleged that figures have been manipulated in the budget, and it is completely directionless.“A solid policy is required for large-scale employment generation in the country, but there is no clear …
New Delhi, Jan 14 (IANS) Pakistan’s Household Integrated Economic Survey (HIES), published after a gap of six years, exposes the extreme level of poverty in the country with food-insecure households surging from 15.9 per cent in 2018 to 2019 to a staggering 24.4 per cent in 2024 to 2025, according to a report in the local media.The HIES figures confirm Pakistan’s deepening human development crisis amid shrinking incomes, rising poverty, and widening inequality resulting from the prolonged sp…
New Delhi, Jan 10 (IANS) The government in Pakistan is actively feeding ‘paper growth’ sectors that may bring some GDP growth but do not stimulate commercial investment — like real estate where the rich park their wealth and let it grow, according to a new report.Since 2019, the poorest 20 per cent of Pakistani households have seen their real monthly incomes plunge by nearly 12 per cent, said the Editorial in The Express Tribune.“In contrast, the wealthiest quintile enjoyed a 7 per cent incre…
Islamabad, Jan 5 (IANS) With Pakistani households forced to spend nearly two-thirds of their income on food and electricity, the economy has ceased to be about growth and has become one of survival, a report said on Monday. Citing the Pakistan Bureau of Statistics’ latest Household Integrated Economic Survey, it revealed that life in Pakistan has increasingly become a matter of basic survival.“Food alone now absorbs more than a third of household spending. Another quarter goes into housing, el…
United Nations, Dec 30 (IANS) Warning that the world is surrounded by “chaos and uncertainty”, Secretary-General Antonio Guterres, in his New Year message that was also issued in a Hindi version for the first time, appealed for prioritising development aid over military spending.“On this new year, let’s resolve to get our priorities straight.”, he said. “A safer world begins by investing more in fighting poverty and less in fighting wars”.”Peace must prevail,” he declared.As the In…
New Delhi, Dec 27 (IANS) State Bank of Pakistan Governor Jameel Ahmad’s warning that Pakistan’s growth model is “unsustainable” for a population of 250 million comes at a time when business cycles in the country shorten, and each recovery is weaker than the one before, a report said on Saturday. The report from European Times said that the comment came at a time when Pakistan is suffocating under soaring poverty, historic unemployment, and a prolonged phase of stabilisation that has crushed ho…
Athens, Dec 25 (IANS) The gender gap in Pakistan’s labour market and economic opportunities stems from entrenched cultural norms, institutional shortcomings, and structural weaknesses, a report said on Thursday. It added that overcoming these challenges requires comprehensive measures such as strengthening labour law enforcement, improving access to childcare and safe transportation, promoting digital and financial inclusion, and eliminating discriminatory norms that restrict women’s mobility an…