Daily Current Affairs For All Defence Exams | 12 October 2021 | MKC

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2021 Multidimensional Poverty Index Report

UNDP and the Oxford Poverty and Human Development Initiative (OPHI) released the 2021 Multidimensional Poverty Index (MPI) Report .

About the Index:

  • The finding is based across 109 countries and 5.9 billion people. of this, 1.3 billion people are multidimensionally poor (or 21.7%)
  • About half (644 million) are children under age 18.
  • About 8.2 per cent (105 million) are age 60 or older.
  • Nearly 85 per cent live in Sub-Saharan Africa (556 million) or South Asia (532 million).
  • 84 per cent (1.1 billion) live in rural areas, and 16 per cent (about 209 million) live in urban areas.
  • More than 67 per cent live in middle-income countries.
  • In India, five out of six multidimensionally poor people were from lower tribes or castes.

Nobel Prize 2021 in Economics 

Three US-based economists won the 2021 Nobel prize for economics for pioneering research on the labour market impacts of minimum wage, immigration and education, and for creating the scientific framework to allow conclusions to be drawn from such studies that can’t use traditional methodology.

Canadian-born David Card of the University of California at Berkeley was awarded one half of the prize, while the other half was shared by Joshua Angrist from the Massachusetts Institute of Technology and Dutch-born Guido Imbens, 58, from Stanford University. Award was presented by The Royal Swedish Academy of Sciences. 

‘Kanniyakumari Clove’ gets GI Tag

 ‘Kanyakumari clove’ has been awarded a geographical indication (GI, it is grown in the hills of Kanyakumari district in Tamil Nadu. In addition to this Dye-painted figurative and patterned cloth called Karuppur kalamkari paintings and the wood carvings of Kallakurichi from Tamil Nadu have also received GI tags.

GI Tags: A geographical indication or GI is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.

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