Declining poverty ratio: a continuing trend
7 months, 1 week ago

Declining poverty ratio: a continuing trend

The Hindu  

The release of the fact sheet of the Household Consumption Expenditure Survey for 2022-23 by the National Sample Survey Office led to estimations of poverty and inequality trends by many researchers. The estimated poverty ratios declined from 29.5% in 2011-12 to 10% in 2022-23 based on the Rangarajan Committee’s poverty lines and from 21.9% in 2011-12 to 3% in 2022-23 based on the Tendulkar Committee’s poverty lines. If we consider at the earlier period, the poverty estimates based on the Tendulkar Committee’s poverty lines declined from 37.2% in 2004-05 to 21.9% in 2011-12. The urban poverty line used by the Lakdawala Committee had calorie norms and so, the Tendulkar Committee also indirectly used these norms.

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