A recent UNDP report reveals that India, despite rapid economic growth, grapples with high income and wealth inequality. While the country reduced multidimensional poverty from 25% to 15% between 2015-16 and 2019-21, disparities persist, particularly among vulnerable groups like women and informal workers. The report emphasizes the urgent need for investments in human development, job creation, and environmental sustainability to address these challenges.
Stocks to buy: LIC, M&M and Grasim on investors’ radar
Sensex and Nifty declined amid caution ahead of the RBI’s monetary policy announcement and foreign fund outflows. Analyst Kushal Gandhi advises against purchasing LIC and