Context: Trend of rising poverty in India – middle class sliding into poverty amid Covid – 19 pandemic. Trends signifying India’s slide into poverty On ranking of median income, India stood at 99 among 131 countries. With a median income of $616 per annum, it was the lowest among BRICS and fell in the lower-middle-income country bracket. A decline for the first time since 1972 – 1973 in the monthly per capita consumption expenditure of FY 2017-18. India downgraded on the Global Hunger Index to ‘serious hunger’ category. … Continue reading The state of India’s poor must be acknowledged
Tag: mass poverty
