The Things You Should Know

The NITI (National Institute for Transforming India) Aayog   on 27th November released data on 'National Multidimensional Poverty Index'. As per the data, Kerala is having least percentage of multidimensionally poor population that is the 0.71% of its population while 51.91% population of Bihar is multidimensionally poor. Top 5 states having least poor population includes, Kerala, Goa, Sikkim, Tamil Nadu and Punjab. While bottom 5 states are Bihar, Jharkhand, Uttar Pradesh, Madhya Pradesh and Meghalaya. As per the PIB release, t his report is based on the National Family Health Survey 4 (NFHS-4), which was conducted between 2015 and 2016, and developed by the NITI Aayog in consultation with 12 ministries and in partnership with state governments and the index publishing agencies, namely, Oxford University’s Oxford Poverty and Human Development Initiative (OPHI) and United Nations Development Programme (UNDP).   How it is calculated? India’s national MPI (Multidimensional Pover...

  As per the data released by Ministry of Statistics & Programme Implementation. India's retail inflation for the month of October rises to   4.48 percent (Base 2012 = 100)  from previous month's 4.35 percent.  Inflation in rural area is recorded at 4.07  percent  against previous month's 4.13  percent   and in urban area CPI (Consumer Price Index) is recorded at 5.04  percent  against previous month's  4.57  percent . Stay tuned for more updates. Feel free to comment. This blog is now on  Telegam . For reports on Economics, Current Affairs and more, subscribe this blog on  Telegam .

Ministry of Finance has released the data of gross GST revenue collection for the month of October on 1st of November.  The gross GST revenue collected in the month of October 2021 is  ₹ 1,30,127 crore   of which CGST is   ₹ 23,861 crore , SGST is   ₹ 30,421 crore , IGST is   ₹ 67,361 crore   (including ₹ 32,998 crore collected on import of goods) and Cess is   ₹ 8,484 crore   (including ₹ 699 crore collected on import of goods). The government has settled ₹27,310 crore to CGST and ₹ 22,394 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of October 2021 is ₹ 51,171 crore for CGST and ₹ 52,815 crore for the SGST. The revenues for the month of  October 2021 are 24% higher  than the GST revenues in the same month last year and 36% over 2019-20. During the month, revenues from import of goods was 39% higher and the revenues from domestic transaction (includ...