Financial Inclusion Index (FI-Index)

The Financial Inclusion Index (FI-Index) is a key measure of financial inclusion across India. The FI-Index stood at 64.2 in March 2024, up from 60.1 in March 2023, reflecting an overall improvement in financial inclusion across the country. Overview of the FI-Index Purpose: The FI-Index measures the extent of financial inclusion in India, covering various financial services sectors inclu

National Multidimensional Poverty Index

Over 24.8 crore people moved out of poverty in India in nine years: NITI report. The Index Released by - Niti Aayog, which is the nodal agency to release Multidimensional Poverty (MDP) report for States and Union Territories. Purpose - Plays a role in assessing advancements towards Sustainable Development Goals (SDGs) 1.2. SDG 1.2. - By 2030, reduce at leas

Zero coupon zero principle

Context: Capital markets regulator Sebi on Thursday came out with a procedure for public issuance of 'zero coupon zero principle' instruments by not-for-profit organisations (NPOs) and listing of such instruments on the Social Stock Exchange (SSE). News: Instruments issued in dematerialized form are non-transferable. The minimum issue size for such instruments is set a

Criticism of Global Hunger Index Methodology

  Why in the News? The Global Hunger Index (GHI) 2023 ranked India 111 among 125 nations, a fall of four places from last year has received a push-back by the Indian government. India scored poorer than several of its neighboring countries on the index, including Pakistan (102nd), Bangladesh (81st), Nepal (69th), and Sri Lanka (60th). Global Hunger Index (GHI): Th

Global hunger Index

Global hunger Index       India has been ranked 111th out of 125 countries in the Global Hunger Index 2023. The index is published on an annual basis by Concern Worldwide and Welthungerhilfe. India has a score of 28.7, indicating a serious level of hunger, ranking after neighbouring countries of Pakistan (102nd), Bangladesh (81st), Nepal (69th) and Sri Lan

Purchasing Manager’s Index

Purchasing Manager’s Index   It is an index that reflects the prevailing direction of economic trends in the manufacturing and service sectors. It has a diffusion index that summarizes whether market conditions are expanding, staying the same, or contracting as viewed by purchasing managers. It is a monthly survey released by the Institute for Supply Manag

The State of Elementary education In Rural India Report, 2023

The State of Elementary education In Rural India Report, 2023 Why in the News? The State of Elementary education In Rural India Report, 2023 was released based on a pan-India survey conducted by the Development intelligence Unit (DIU) which highlights the usage of smartphones among students. Findings of the Report: More children used smartphones for entertainment rather than for edu

CPI BASKET CONCEALS THE INFLATION PICTURE

CPI BASKET CONCEALS THE INFLATION PICTURE India's consumer price index (CPI) inflation rose to 4.81% in June 2023, higher than expectations but still below the RBI's upper tolerance limit of 6%. The spike was driven by a less supportive base and a surge in vegetable prices.  India's consumer price index (CPI) inflation rises for the first time in five months to 4.81% in J