NIFT UG 2020 Question Paper with solutions

 In the decade between 2005 and 2016 , India lifted 27 crore people out of extreme poverty-more than the combined population of Congo, Uganda, Iraq, Venezuela, Australia and Italy. India more than doubled its per capita GDP moving up from being a poor country to a middle-income one. An average Indian now earns slightly more than ₹10,500 a month, up from around ₹4,000 in 2005. The numbers are flattering, but deceiving. More than 36 crore Indians still cannot afford three square meals a day, which is why the World Bank continues to bracket India with Nicaragua, Honduras, Kenya and Kiribati. On an average, even people in war-torn Libya and sanctions-plagued Cuba continue to earn more than Indians.
 There is another worry line for India. The Oxford Poverty and Human Development Initiative, which annually publishes the most authoritative index of poverty across the world, has found that the poorest among India's poor did not increase their income as much as the other sections did. It means that the gap between the poor and the rich is widening fast. The last time the government appointed an expert committee to estimate poverty in India was seven years ago. The committee, headed by former Reserve Bank of India Governor C. Rangarajan, submitted its report but the report has neither been rejected nor been released, which means that economists in India still base their research largely on data that date back to 2012 .