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The Orange Economy A Put Where Development Drives Wealth

  In a time when mechanization and machine learning are changing conventional businesses, a flourishing portion of the worldwide economy is illustrating that human resourcefulness is still a important asset. The "Orange Economy"—also known as the imaginative economy or social industries—has played a major part in protecting culture, making occupations, and developing the economy. But what is this energetic thought, and why is it picking up conspicuousness in discussions almost worldwide development?   What is the Orange Economy?   The express "Orange Economy" was at first utilized by previous Colombian President Iván Duque Márquez and previous Culture Serve Felipe Buitrago. Concurring to the Inter-American Improvement Bank, it is "the organize of interconnected forms through which thoughts are turned into social merchandise and administrations whose esteem is decided by mental property."   Orange was particularly picked since it has been related with devel...

Due to COVID-19, 37 million people in the world become very poor

  Coronavirus has caused a lot of damage to the world economy. At the same time, ordinary people will also face a lot of trouble. 37 million people in the world are poor. In fact, the Bill and Melinda Gates Foundation report says that progress in the health sector over the past several decades has completely defied and put the world in a major economic crisis. According to the report, no matter how much the actual spread of corona has occurred, the virus has caused great financial devastation.   The foundation cited the IMF report as saying that in the Corona period, $ 18000 billion has been spent on improving the global economy and boosting growth. After that, by the end of 2021, a loss of 12 trillion or more is expected. The Foundation's annual report 'Goalkeepers Report' states that it analyzes the UN's Sustainable Development Goals on poverty alleviation and health-related issues.   In the report, the Foundation stated that extreme poverty has increased 7 pe...

NITI Aayog | To measure poverty in the country, create our own "Poverty Index ".

  NITI Aayog is going to create its own Poverty Index to measure poverty in the country. It aims to reduce poverty in states in association with GMPI. In fact, due to Corona, there is a fear of about 40 crore population in the country going below the poverty level.   Due to the worsening economic conditions in the Corona period, the large population of the country is afraid of going below the poverty level. Recently, the NITI Aayog held an inter-ministerial meeting to improve the situation. UNDP was also present in this along with officials of the concerned ministry. The meeting also discussed poverty reduction and alternative reforms in the country. According to media reports, the index has to be prepared by the end of the year and the poverty situation in the states is improving. This will also improve India's rank in UNDP MPI's Global Ranking. The Indian Poverty Index aims to improve health, infant mortality, nutrition, education and standard of living. The Internationa...