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Pakistan’s claimed economic recovery is turning its back on the people who need it most, according to a new World Bank report. While the government celebrates growth under the IMF programme and stock markets hit record highs, the reality is quite grim for millions of citizens who continue to struggle with poverty and inequality, The…
States must strengthen their financial position to accelerate poverty reduction and ensure sustained development, Iqbal Singh Dhaliwal, Global Executive Director of the Abdul Latif Jameel Poverty Action Lab (J-PAL), part of the Massachusetts Institute of Technology (MIT), has said.“The central government’s fiscal deficit is fine, but the state governments are facing considerable challenges in terms…
There are wide regional variations when it comes to suicides. While Kerala tops the list at 30.6 per lakh population, Bihar has the lowest suicide rate in the country at 0.7.But one factor stands out sharply: income. A vast majority of victims came from households earning less than Rs 1 lakh a year, showing how…
