About how many Indians cannot meet their essential needs as per a report by McKinsey Global Institute (MGI) released on 19th February 2014?
Options:
A . 56%
B . 66%
C . 46%
D . 36%
Answer: Option A Answer: (a) In its report, McKinsey Global Institute (MGI) estimated that 680 million Indians, or 56 per cent of the population, lacks the means to meet their essential needs. It proposed a new “empowerment line” that aims to measure the minimum economic cost for a household to fulfil the eight most basic needs.
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