Top Article: Poverty Ratio! – All you need to know, real data

If a country falls into the abyss of poverty, the governments of those countries also seem to understand.

Raising the wealth tax to two per cent on millionaires and five per cent on billionaires would provide much needed funding for poverty alleviation, the report said.

The World Economic Council met this year after a two-year hiatus in Davos, on the Swiss Alps. Due to two years volume. The council sank when the corona transition was not yet complete. After a long time, it takes time for everything to return to normal. Accordingly, the enthusiasm for the conference seems to have waned. In an ERV five-star snow-covered environment, Davos’ general successes, eager to ease global economic worries, have not been successful this year. There is no snow this year, which is the theme of this conference every year. Snow is falling from the sky, and the celebrities gathered there are literally blowing the whistle on the world economic situation based on the right measures to mitigate it. This year, instead of snow cover, there is a lot of wool instead of snow in the Alps. In fact, reports from organizations such as Oxfam have always been important at this conference, a combination of the literary world economy and investment momentum. While global industry leaders are concerned about the creation of economic wealth in the governments of countries, at the same time Davos is on the other side of such efforts and as before, they are exposing their sectors to the world. . Both are equally important. If one has an understanding of what to do, the other will evaluate what to avoid while doing it. So, take a look at the Oxfam report presented at this year’s conference.

The report directly titled ‘Profiting from Pain’ shows how one’s growth is hidden in another’s suffering. The reference relates to a two-year coronary period. It is a fact that many have said that inequalities in the distribution of wealth have increased during this coronation period. The Oxfam report statistically supports this fact. There was a severe shortage of food and energy during this period. Naturally, those who had a monopoly on the supply of these parts became white during this period. If you look closely at this fact, anyone who thinks so should come. Except for those who have a stomach ache, those who have a permanent salary will feel comfortable staying at home during this period. Many people enjoy ‘happiness’ without stepping out of the house, sitting at home and doing office work, or just getting paid as usual. The number of office goatherds from such homes has increased exponentially during this period. It has two direct consequences. One is increased consumption by homeowners and increased business for food service providers. This is reflected in Oxfam figures. Many of these home-based earnings may not have seen the millions of workers who walked hundreds of miles at once. Governments of many countries may feel that these immigrants do not need to be observed. But Oxfam did not.

According to the latest report of the organization, this year’s coronation period seems to have added at least Rs 25 crore to world poverty. That is, most people are pushed from the earning class to the poor class. The average daily income of this class is less than 9 1.90. That is about one hundred and a half rupees per day. The report shows how the low-income segment has been hit hard by rising food prices and fuel prices. The general fear in this report is that for one reason or another, fuel / food prices have risen sharply, pushing at least 6.5 million people below the poverty line this year. The number of those considered to be the poorest, i.e. those who go hungry even once a day, is currently around 19-20 crores. Add to it now. Thus, by the end of the year, 26 million people in the world will be considered poor or extremely poor. This means that only the poorest of the total population of some countries will be created during this period. “This is a test for humanity,” said Gabriela Busher, executive director of Oxfam. If a country falls into the abyss of poverty, it seems to make sense to the governments of those countries as well. ‘There is nothing the government can not do. If the government had helped them, this time it would not have come to them, ”the report said. The Oxfam report also suggested what to do. That means higher taxes on the rich. Imposing a property tax of just two percent a year on millionaires and five percent on billionaires would provide much needed funding for poverty alleviation, the report said. The Ganges water generated by these activities will be used to lift two hundred and twenty-two billion people out of the abyss of poverty. Oxfam said the money could be used to pay for minimum health care, as well as the minimum wage for all. Last week, the Government Policy Commission of India also recommended at least equal pay for the government. Senior economist and former RBI governor Raghuram Rajan and Thomas Pickett suggested a similar program before the last election. The time has come for the policy commission to take up Rajan’s idea.

A few months ago, Oxfam reported how the pace of billionaire creation is increasing in India. Many at the time expressed disbelief. The report was ridiculed by government officials at the same time, and they were lucky enough to take up the issue. It was propagated that it was a conspiracy hatched to discredit India. But the current report, in a sense, confirms the previous report and shows how this kind of thing is happening around the world. One of the statistics in this report is very worrying. Titus shows that one million people worldwide are being pushed into poverty every 33 hours, while in the last two years, every 30 hours, a billionaire has grown to this level. Two years ago, in the two years from March 2, 2020 to March 2022, 573 new billionaires were created worldwide. This amount fills one every 30 hours. On the one hand, the poverty ratio is one million new poor and billionaires at the same time. The real question is whether governments have the sensitivity to focus on the struggle that millions of the rich are waging against the poor and the dutiful citizens.

2022-05-25 18:32:00

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