To describe these kinds of speeches, George Orwell had coined a useful word: Newspeak. The most famous instances of Newspeak in 1984 is, “War is peace. Freedom is slavery. Ignorance is strength.” But there is another citation from Orwell that needs to be quoted too: “If thought corrupts language, language can also corrupt thought”.
Apparently, a marginal infusion of cash in the hands of the poor will destroy them. But the slightest tinkering with taxes in contexts where it is hard to even imagine what the marginal value of income is, will apparently cause economic catastrophe.
Perhaps, inequality is contributing to weak growth and low rates because the rich tend to save money rather than spend it. Maybe productivity has been weak not by coincidence, but because weak growth has meant companies have not been forced to innovate to meet demand.
India is no longer largely chronically poor; it is now more unequal and vulnerable with pockets of deep poverty. Its future shared prosperity will depend to a large extent on how its social protection system evolves and catches up with its diversity and demography. World Bank economists weigh in.
Reiterating that the state government is committed to elevate the poor, Raghubar Das said Prime Minister Narendra Modis goal is to provide housing to the homeless by 2022, but the Jharkhand government has set the year 2020 as the deadline to attain the goal.
Almost 41 million people or 12.7 percent live in poverty, 18.5 million in extreme poverty, and children account for one in three poor, UN special rapporteur on extreme poverty said. The United States has the highest youth poverty rate among industrialised countries, he added.
During the last hearing, the petitioners - some activists and NGOs - working in the tribal areas informed the bench that 318 children had died due to malnutrition and lack of medical care between September, 2017 and January, 2018 in Melghat and its neighbouring areas.