India slashed education budget after Covid: World Bank

Education budgets were cut by 65 per cent of low and lower-middle income countries after the onset of the Covid-19 pandemic while only 33 per cent of high and upper-middle income countries did so, according to a report by the World Bank. Continue Reading

Editorial: Study, Steady

A new study from the UN Development Programme (UNDP) has found that an additional 207 million people could be pushed into extreme poverty by 2030 due to the severe long-term impact of the Covid-19 pandemic, bringing the total number of the world’s extremely poor to more than a billion. Continue Reading

United Nations’ report warns of crippling financial crisis

‘Amid prolonged trade disputes and wide-ranging policy uncertainties, the world economy has seen a significant and broad-based deterioration over the past year,’ declared the World Economic Situation and Prospects 2020 report from UN (United Nations), released recently. Continue Reading