A new paradigm for eliminating poverty
6 years, 6 months ago

A new paradigm for eliminating poverty

Deccan Chronicle  

According to the 2018 global Multidimensional Poverty Index of the United Nations Development Programme and the Oxford Poverty and Human Development Initiative, more than 270 million people in India moved out of poverty in the decade since 2005-06 and the poverty rate in the country nearly halved over the 10-year period. Capacity building is an essential component of the bottom-up approach, involving: awareness raising, training, participation and mobilisation of the local population to identify the strengths and weakness of the area ; participation of different interest groups in drawing up a local development strategy; establishment of clear criteria for selection at local level of appropriate actions to deliver the strategy. A better approach to eliminate poverty, however, would be to make the environment conducive to increased flow of credit to the poor, leaving micro-level credit management to financial institutions, and transferring the subsidy from the individual level to the community level for human capital formation of the poor and developing physical infrastructure useful to them. True development is one that transforms groups without destroying their culture, traditions, environment, livelihood and social patterns, which must be preserved and protected because they are central to the very life of the people.

India Poverty Development Local Poor Social Transformation True Development  local  eliminating  development  social  transformation  involvement  poor  initiative  society  poverty  paradigm  space

History of this topic

Andhra Pradesh CM Chandrababu Naidu launches ‘P4’ initiative to eradicate poverty by 2029
Trending News
2 days ago

Andhra Pradesh CM Chandrababu Naidu launches ‘P4’ initiative to eradicate poverty by 2029

The Hindu  

Andhra Pradesh Chief Minister Nara Chandrababu Naidu launched the ‘Zero Poverty - P4’ initiative under Swarnadra 2047 vision with an aim to ensure poverty-free Andhra Pradesh by 2029, on Sunday, marking the Telugu New Year, Ugadi. The ‘P4’ initiative stands for Public-Private-People Partnership, wherein affluent individuals willing to contribute are designated as ‘Margadarsies’, while the underprivileged beneficiaries are identified as …

India’s UNSDG progress at 57%; Budget key for urbanisation, women’s empowerment, poverty reduction
2 months ago

India’s UNSDG progress at 57%; Budget key for urbanisation, women’s empowerment, poverty reduction

New Indian Express  

Having completed almost a decade of implementing the United Nations Sustainable Development Goals in the country, Indian governments at the national and regional levels must put all the effort, reorient actions, and effective monitoring in place to achieve the targets by 2030. So far, the average achievement across the UNSDGs by all regions is 57 per cent, though a larger …

Reporters' Collective, which peddled fake news about India's poverty index, stripped of non-profit status: Details
2 months ago

Reporters' Collective, which peddled fake news about India's poverty index, stripped of non-profit status: Details

Op India  

On Tuesday, Reporters’ Collective took to X to inform that the Modi government has stripped it of its ‘non-profit status.’ The development comes a month after the controversial group of journalists, funded by the American Deep State, published fake news about the Centre rigging data to show a dramatic decrease in poverty in India. The Soros-funded group of journalists alleged, …

Is poverty being underestimated in India?
2 months, 1 week ago

Is poverty being underestimated in India?

The Hindu  

Last month, the government released a factsheet on the 2023-24 Household Consumption Expenditure Survey, which recorded a decline in poverty in urban and rural areas. Over the last few years, policymakers and academics have debated the issues of incomparable data sets, the unavailability of data, and the definition of an adequate consumption basket to determine a poverty line. Bhanumurthy: In …

Mint Primer: How to read SBI’s latest poverty estimates
2 months, 3 weeks ago

Mint Primer: How to read SBI’s latest poverty estimates

Live Mint  

A recent report by the State Bank of India has stirred up the proverbial hornet’s nest with its claims of a sharp reduction in poverty levels in India, particularly rural areas, in the past decade. The Suresh Tendulkar Committee calculated the poverty line at ₹816 per capita per month for rural areas and ₹1,000 for urban areas in 2011-12. In …

India’s Global Indices Rankings 2024: From poverty to happiness, here’s how the country is ranked for the current year
3 months, 1 week ago

India’s Global Indices Rankings 2024: From poverty to happiness, here’s how the country is ranked for the current year

The Hindu  

The year 2024 has marked the onset of numerous conflicts, leaving the global community grappling with the implications. Editorial | Abject failure: On India’s Global Hunger Index ranking World Press Freedom Index India’s score in the World Press Freedom Index has declined over the past year, decreasing from 36.62 to 31.28, as reported by Reporters Without Borders, which compiles an …

Exposing the Flaws in Reporters’ Collective’s allegations against India's Poverty Index
3 months, 1 week ago

Exposing the Flaws in Reporters’ Collective’s allegations against India's Poverty Index

Op India  

Reporters’ Collective, an American Deep State-funded group of journalists, published a report on 18th December alleging that the Narendra Modi government has rigged a “Homemade Poverty Index” to show a dramatic decrease in poverty in India. It claims that the government’s report of pulling 25 crore people out of poverty in 10 years is false because the govt of India …

Modi government launched several welfare schemes to realise Ambedkar's vision for poor: Details
3 months, 2 weeks ago

Modi government launched several welfare schemes to realise Ambedkar's vision for poor: Details

India TV News  

Dr BR Ambedkar, the architect of India’s Constitution, envisioned a society that promotes social and economic equality, particularly for the marginalised and backward classes. The government of India has undertaken several impactful initiatives to empower Scheduled Castes and Scheduled Tribes communities, focusing on education, economic development, social welfare, and legal protections. • The National SC/ST Hub aims to enhance the …

The good, the bad, and the ugly in poverty alleviation
4 months ago

The good, the bad, and the ugly in poverty alleviation

Hindustan Times  

In April 2022, I joined a group of donors on a trip to the interiors of Jharkhand’s tribal belt to see the early results of a pilot project aimed to lift 1,200 families in the region out of extreme poverty. Adopting the graduation approach to poverty alleviation, led by the Bengaluru-headquartered Nudge Institute, with the tacit support of the state …

Zero poverty state: Guidelines ready, digital database on anvil in U.P.
5 months ago

Zero poverty state: Guidelines ready, digital database on anvil in U.P.

Hindustan Times  

Setting the ball rolling to make Uttar Pradesh a “zero poverty state” by lifting poor families above the poverty line within a year, the Uttar Pradesh government has issued guidelines for the project and will prepare a digital database of the impoverished families. Launching the project on October 2, the birth anniversary of Mahatma Gandhi, chief minister Yogi Adityanath had …

World Adivasi Day: Chandrababu Naidu promises steps to ensure ‘zero poverty’ among tribals in Andhra Pradesh
7 months, 3 weeks ago

World Adivasi Day: Chandrababu Naidu promises steps to ensure ‘zero poverty’ among tribals in Andhra Pradesh

The Hindu  

Andhra Pradesh Chief Minister N. Chandrababu Naidu has asserted that his government will take steps for comprehensive development of tribal people in the State in the next five years. “The State government will focus on the tribal welfare schemes and programmes, which were either discontinued, or watered down during the YSR Congress Party term,” Mr. Naidu said while participating in …

Basic survival no longer an issue in India, says Niti Aayog
8 months, 2 weeks ago

Basic survival no longer an issue in India, says Niti Aayog

Hindustan Times  

New Delhi: India has made significant progress in eliminating poverty, especially in the past nine years, and according to Niti Aayog’s SDG Index 2023-24, the country is expected to achieve the SDG target 1.2 of halving multidimensional poverty much ahead of 2030. In 2022-23, it further dropped to 11.28%, with 24.8 crore people moving out of multidimensional poverty between 2013-14 …

PM Modi's data on poverty eradication has no international recognition: Shashi Tharoor
10 months ago

PM Modi's data on poverty eradication has no international recognition: Shashi Tharoor

Hindustan Times  

Senior Congress leader Shashi Tharoor on Wednesday took a jibe at PM Narendra Modi claiming that no data given by the Prime Minister has received international recognition. Amid the ongoing Lok Sabha Election 2024, PM Modi in his campaign rallies, has been claiming that his government lifted 25 crore Indians out of poverty. What NITI Aayog report on poverty alleviation …

Poverty and inequality debate resurfaces in election season
11 months ago

Poverty and inequality debate resurfaces in election season

Hindustan Times  

As Indians heads to the poll this season, a new chapter is being written in a very old debate about poverty and inequality in India. This debate has been stirred up by the release of new data from a government- The economist Maitreesh Ghatak spoke about the resurgent debate over poverty and inequality on last week’s episode of Grand Tamasha, …

Path for inclusive India lies in decentralisation
11 months, 1 week ago

Path for inclusive India lies in decentralisation

Hindustan Times  

India has emerged as one of the fastest-growing large economies in the post-Covid period. Eight challenges to inclusion require a more deliberative and decentralised approach: Income of the bottom quintiles ; semi-skilled and skilled employment with productivity; learning outcomes in schools ; improved child nutrition; quality health care for all and public health capacity; life of dignity for urban working …

What the new expenditure survey says about poverty
1 year ago

What the new expenditure survey says about poverty

New Indian Express  

The publication of a fact sheet by the National Sample Survey Office, containing the results of the NSS Household Consumer Expenditure Survey data for 2022-23, a decade after the publication of the last survey data in 2011-12, has again sparked a debate regarding poverty in India. Using the 2022-23 data on average monthly per capita consumer expenditure for rural and …

Breaking the poverty cycle: Charting India’s path to prosperity
1 year ago

Breaking the poverty cycle: Charting India’s path to prosperity

Firstpost  

There is a World Poverty Clock. Funded by the International Fund for Agricultural Development and the Federal Ministry for Economic Cooperation and Development of Germany, the World Poverty Clock shows the number of people living in extreme poverty worldwide, disaggregated by age, gender and rural/urban location. ‘Target Escape Rate’ is the average poverty reduction needed to achieve SDG1 by the …

Has poverty really dropped to 5% in India?
1 year ago

Has poverty really dropped to 5% in India?

The Hindu  

Subrahmanyam recently claimed that less than 5% of Indians now live below the poverty line. Mr. Subrahmanyam argued that the average consumption expenditure in the bottom 5% of India’s population, as estimated by the survey, is about the same as the poverty line in India, suggesting that the poverty rate in India is somewhere in the range of 0 to …

Has poverty really dropped to 5% in India?
1 year ago

Has poverty really dropped to 5% in India?

The Hindu  

Subrahmanyam recently claimed that less than 5% of Indians now live below the poverty line. Mr. Subrahmanyam argued that the average consumption expenditure in the bottom 5% of India’s population, as estimated by the survey, is about the same as the poverty line in India, suggesting that the poverty rate in India is somewhere in the range of 0 to …

India has now officially eliminated 'extreme poverty', American think tank Brookings said in a report
1 year ago

India has now officially eliminated 'extreme poverty', American think tank Brookings said in a report

Op India  

India has now officially eliminated ‘extreme poverty’, which can be seen through the sharp decline in headcount poverty ratio and stark increase in household consumption, American think tank Brookings said in a report. According to Brookings, high growth and large decline in inequality have combined to eliminate poverty in India for the Purchasing Power Parity USD 1.9 poverty line. The …

Poverty levels below 5%, claims NITI Aayog chief
1 year, 1 month ago

Poverty levels below 5%, claims NITI Aayog chief

The Hindu  

Less than 5% of Indians are now expected to be below the poverty line, and extreme destitution has almost gone away, a top government official asserted on February 25, citing the findings of the Household Consumption Expenditure Survey for 2022-23. Subrahmanyam, the chief executive officer of the Centre’s think tank Niti Aayog, averred that growth is “broad-based” with rural Indians’ …

Budget 2024: 25 crore people have come out of poverty, says Finance Minister Nirmala Sitharaman
1 year, 2 months ago

Budget 2024: 25 crore people have come out of poverty, says Finance Minister Nirmala Sitharaman

India TV News  

About 25 crore people have come out of multidemensional poverty, said Finance Minsiter Nirmala Sitharaman in her budget speech. With the pursuit of Sabka Saath in last 10 years, the government has assisted 25 crore people to get freedom from multidimensional poverty," she said. She said that in 2014, the nation grappled with significant challenges, and the Narendra Modi-led government …

Multidimensional poverty in India: decoding the Niti Aayog report | In Focus podcast
1 year, 2 months ago

Multidimensional poverty in India: decoding the Niti Aayog report | In Focus podcast

The Hindu  

A new paper released by the NITI Aayog has claimed that multidimensional poverty has declined from 29.17% in 2013-14 to 11.28% in 2022-23, and that 24.82 crore people “escaped” from multidimensional poverty during this 9-year period. Titled ‘Multidimensional Poverty in India since 2005-06: A Discussion Paper’, the NITI Aayog report claims that India is well on track to achieve the …

Multidimensional poverty: Can we eliminate it within a decade?
1 year, 2 months ago

Multidimensional poverty: Can we eliminate it within a decade?

Live Mint  

Going by Niti Aayog’s latest assessment, India has made substantial gains in its fight against deprivation. The Niti Aayog’s index has a formula that echoes what the United Nations Development Programme uses for multidimensional poverty, with parameters that differ slightly. Since the central think-tank’s 12 counts include several that targeted programmes can move the needle on—like nutrition, child mortality, sanitation, …

What poverty numbers reveal
1 year, 2 months ago

What poverty numbers reveal

Hindustan Times  

India has pulled 248 million out of multidimensional poverty between 2013-14 and 2022-23, according to a discussion paper released by the NITI Aayog on Monday. PREMIUM Elections aside, what is the real import of the multidimensional poverty numbers? Because multidimensional poverty numbers are not based on measuring consumption expenditure and, therefore, on whether or not a person is above the …

NITI Aayog report says 24.82 cr Indians escaped multidimensional poverty in last 9 yrs
1 year, 2 months ago

NITI Aayog report says 24.82 cr Indians escaped multidimensional poverty in last 9 yrs

Hindustan Times  

A total of 24.82 crore individuals in India escaped multidimensional poverty over the last nine years, with the largest decline reported in Uttar Pradesh, Bihar and Madhya Pradesh, a report released by the NITI Aayog on Monday, said. The findings were published in NITI Aayog’s Discussion Paper "Multidimensional Poverty in India since 2005-'06", Multidimensional poverty is measured by improvement in …

Over 24.8 crore people moved out of poverty in India in nine years: NITI report
1 year, 2 months ago

Over 24.8 crore people moved out of poverty in India in nine years: NITI report

The Hindu  

As many as 24.82 crore people moved out of multidimensional poverty in nine years to 2022-23, with Uttar Pradesh, Bihar and Madhya Pradesh registering the largest decline, Niti Aayog said in a report on January 15. According to the NITI discussion paper, multidimensional poverty in India declined from 29.17% in 2013-14 to 11.28% in 2022-23, with about 24.82 crore people …

Watch: Woman Courts Criticism For 'Privileged' Take On Poverty And India's Poor
1 year, 3 months ago

Watch: Woman Courts Criticism For 'Privileged' Take On Poverty And India's Poor

News 18  

The debate over what causes poverty and what keeps people poor is something academics, activists and society have been discussing for a long time now. She believes they have accepted their situation and have settled on the idea, “I am poor and I can spend my life that way it is.” Speaking of the rich, the women said such people …

Multidimensional Poverty Index reduction under the NDA is flawed
1 year, 3 months ago

Multidimensional Poverty Index reduction under the NDA is flawed

The Hindu  

Samuel Johnson, a profound literary critic and essayist, wrote, “Poverty is a great enemy to human happiness; it certainly destroys liberty, and it makes some virtues impracticable, and others extremely difficult.” In sharp contrast, conventional measures of poverty in terms of income are limited and narrowly focused on scarcity of resources to eke out a bare subsistence. The MPI story …

How the richest country in the world has allowed its poor to remain poor
1 year, 7 months ago

How the richest country in the world has allowed its poor to remain poor

The Hindu  

I was in Oxford on a fellowship last year. U.S. poverty graphs over time, remarks Desmond, look like “gently rolling hills” — amounting to virtually no change over time, or as he puts it, “fifty years of nothing.” How does it happen, asks Desmond, that despite so much progress in every sphere — the eradication of smallpox, the mapping of …

Consumption-based poverty estimates have relevance
1 year, 7 months ago

Consumption-based poverty estimates have relevance

The Hindu  

A recent report by NITI Aayog on multidimensional poverty shows that the percentage of the poor has gone down from 25% in 2015-16 to 15% in 2019-21 and around 135 million people were lifted out of poverty during this period. The Global Multidimensional Poverty Index report of 2023 of the United Nations Development Programme and the Oxford Poverty & Human …

The week in 5 charts | Manipur unrest, INDIA alliance, Alcaraz wins Wimbledon, and more
1 year, 8 months ago

The week in 5 charts | Manipur unrest, INDIA alliance, Alcaraz wins Wimbledon, and more

The Hindu  

Unrest in Manipur continues More than two months after three women were stripped and paraded by a mob in violence-hit Manipur, police arrested four accused in a case of gang rape and abduction, one of whom was seen in a viral video clip of the incident which surfaced online on Wednesday. 26 Opposition parties form INDIA alliance The leaders of …

Govt’s claim on poverty reduction based on multidimensional poverty index questionable: Parakala Prabhakar
1 year, 8 months ago

Govt’s claim on poverty reduction based on multidimensional poverty index questionable: Parakala Prabhakar

The Hindu  

The Union government’s claim that the number of people living in poverty has significantly reduced in recent years based on multidimensional poverty index is highly questionable, political economist Parakala Prabhakar said here on Saturday. During an interaction with N. Ram, Director, THG Publishing Private Ltd., organised by the Dravidian Professionals Forum, on his new book — The Crooked Timber of …

India’s triumphs over poverty marred by an alarming hunger crisis as over 70 per cent of Indians fails to afford healthy food
1 year, 8 months ago

India’s triumphs over poverty marred by an alarming hunger crisis as over 70 per cent of Indians fails to afford healthy food

The Hindu  

Published : Jul 21, 2023 12:38 IST - 3 MINS READ Government think-tank NITI Aayog’s recent report, released on July 17, revealed a remarkable achievement in India’s fight against multidimensional poverty. However, despite these positive strides in economic development, a consortium of esteemed organisations including the Food and Agriculture Organization of the United Nations, the International Fund for Agricultural Development, …

Niti Aayog report claims decrease in multidimensional poverty
1 year, 8 months ago

Niti Aayog report claims decrease in multidimensional poverty

The Hindu  

India has registered a significant decline of 9.89 percentage points in the number of multidimensionally poor, from 24.85% in 2015-16 to 14.96% in 2019-2021, according to the ‘National Multidimensional Poverty Index: A Progress Review 2023’. It claims that about 13.5 crore people came out of multidimensional poverty during the period, assessed by identifying “acute deprivations in health, education and standard …

13.5 crore Indians move out of multidimensional poverty in five years: Niti Aayog report
1 year, 8 months ago

13.5 crore Indians move out of multidimensional poverty in five years: Niti Aayog report

The Hindu  

India witnessed 13.5 crore people moving out of multidimensional poverty between 2015-16 and 2019-21 with fastest reduction in Uttar Pradesh, Bihar, Madhya Pradesh, Odisha and Rajasthan, a Niti Aayog report said on Monday. The report — 'National Multidimensional Poverty Index: A progress of Review 2023' — was released by Suman Bery, Vice-Chairman, Niti Aayog. Providing multidimensional poverty estimates for the …

415 mn Indians no longer poor, says UN
1 year, 8 months ago

415 mn Indians no longer poor, says UN

Live Mint  

As many as 415 million Indians moved out of poverty in the 15-year period between 2005/2006 and 2019/2021, the UN said in a report on Tuesday. “Countries halved their MPI in periods as short as four to 12 years, demonstrating the feasibility of the Sustainable Development Goal target of halving poverty according to national definitions within 15 years,” it added. …

India registers remarkable reduction in poverty: UN
1 year, 8 months ago

India registers remarkable reduction in poverty: UN

Deccan Chronicle  

United Nations: A total of 415 million people moved out of poverty in India within just 15 years from 2005/2006 to 2019/2021, the UN said on Tuesday, highlighting the remarkable achievement by the world's most populous nation. "Notably, India saw a remarkable reduction in poverty, with 415 million people exiting poverty within a span of just 15 years," the report …

415 million Indians came out of multidimensional poverty in 15 years, says UNDP study
1 year, 8 months ago

415 million Indians came out of multidimensional poverty in 15 years, says UNDP study

The Hindu  

A total of 415 million people moved out of poverty in India within just 15 years from 2005/2006 to 2019/2021, the United Nations said on July 11, highlighting the remarkable achievement by the world's most populous nation. "Notably, India saw a remarkable reduction in poverty, with 415 million people exiting poverty within a span of just 15 years," the report …

UN praises 'remarkable' India as 415 million exit poverty levels in 15 years
1 year, 8 months ago

UN praises 'remarkable' India as 415 million exit poverty levels in 15 years

Hindustan Times  

A total of 415 million people moved out of poverty in India within just 15 years from 2005/2006 to 2019/2021, the UN said on Tuesday, highlighting the remarkable achievement by the world's most populous nation. In India, 415 million poor people moved out of poverty from 2005/2006 to 2019/2021, with incidence falling from 55.1 per cent in 2005/2006 to 16.4 …

AAP’s Atishi Marlena follows Rahul Gandhi’s lead, and defames India at Cambridge based on lies: Here is the truth about HDI, Hunger Index and more
1 year, 9 months ago

AAP’s Atishi Marlena follows Rahul Gandhi’s lead, and defames India at Cambridge based on lies: Here is the truth about HDI, Hunger Index and more

Op India  

On Thursday, Aam Aadmi Party Minister Atishi Marlena went on an anti-India tirade during a conference on ‘India at 100; Towards becoming a global leader’, which was held at the University of Cambridge. First, UNDP itself acknowledged that India’s decline is in line with global trends in the face of crises such as the Russia-Ukraine war, the Covid-19 pandemic and …

The simmering debate over poverty rate
1 year, 10 months ago

The simmering debate over poverty rate

Live Mint  

London/Boston: As the 2024 elections approach, taking stock of the economy after a decade-long rule of the government led by Prime Minister Narendra Modi becomes a natural talking point. View Full Image Graphic: Mint According to the World Bank’s earlier $1.90 PPP per day line that defines extreme poverty, 23% of India’s population was poor in 2011-12, the last estimate …

Why are India’s poorest people being left behind?
2 years, 1 month ago

Why are India’s poorest people being left behind?

Al Jazeera  

On Tuesday, February 7 at 19:30 GMT: India’s BJP-led government says its final budget before a general election in 2024 will spur economic growth, but opposition politicians are among critics who say it fails to address ever-deepening income and wealth inequality highlighted by anti-poverty groups. But it does not include the re-introduction of a wealth tax on the rich that …

We’ve made significant progress on poverty reduction
2 years, 5 months ago

We’ve made significant progress on poverty reduction

Live Mint  

Some great news and some not so good news. Titled Unpacking Deprivation Bundles to Reduce Multidimensional Poverty, the report is based on robust household survey data from 111 underlying developing countries and covers 6.1 billion people. As India’s population has quadrupled in the 75 years since Independence, India’s progress on poverty reduction has been steady, particularly in the last 30 …

How Many Indians are Poor If Even Govt Admits that 800 Million Need Dry Rations?
2 years, 7 months ago

How Many Indians are Poor If Even Govt Admits that 800 Million Need Dry Rations?

The Quint  

2022 marks an important decadal anniversary. It is exactly a decade to when the Rangarajan Committee was set up to come up with fresh parameters for India’s poverty line. For a democracy like India, with alleviation of poverty a primary business of the State and this government’s rhetoric of being ‘anti-elite’, it is puzzling why it has not thought it …

How Modi’s India Has Succeeded in Bringing Down Poverty in Rural Areas
2 years, 9 months ago

How Modi’s India Has Succeeded in Bringing Down Poverty in Rural Areas

News 18  

“If you can’t measure it, you can’t improve it.” This oft-cited quote is attributed to Lord Kelvin or William Thomson, who also theorised a completely new temperature scale. The poverty line has been disaggregated state-wise and separately for rural and urban areas. In one of the most cited essays on poverty, Lipton and Ravallion note: “The highest incidence and severity …

Poverty in India: Decline over the decade
2 years, 9 months ago

Poverty in India: Decline over the decade

Live Mint  

Poverty is a much-debated issue. That poverty line is typically defined as a minimum basket of goods and services required for subsistence, converted into a nominal consumption expenditure figure, using appropriate prices. In other words, one uses monthly per capita consumption expenditure to define poverty line. If growth enabled those just below the poverty line to move above, it is …

India eradicates ‘extreme poverty’ via PMGKY: IMF paper
2 years, 11 months ago

India eradicates ‘extreme poverty’ via PMGKY: IMF paper

The Hindu  

A new IMF paper released on Tuesday, titled ‘Pandemic, Poverty, and Inequality: Evidence from India’ says that ‘extreme poverty was maintained below 1% in 2020 due to Pradhan Mantri Garib Kalyan Ann Yojana. Dismissing the NSS 2017-18 consumer expenditure survey as 'ill-fated', this paper claims food subsidies have reduced poverty on a consistent basis since the enactment of the Food …

Ending extreme poverty in India
2 years, 11 months ago

Ending extreme poverty in India

Hindustan Times  

Two recent working papers, one by economists Sutirtha Sinha Roy and Roy van der Weide, at the World Bank, and another co-authored by Surjit Bhalla, an executive director at the IMF along with Arvind Virmani and Karan Bhasin have given alternative estimates for poverty in India for the period after 2011. Bhalla and his co-authors argue that extreme poverty has …

The cold truth about India’s income inequality
3 years, 3 months ago

The cold truth about India’s income inequality

The Hindu  

The latest edition of the World Inequality Report has confirmed that the world continues to sprint down the path of inequality. “Global multimillionaires have captured a disproportionate share of global wealth growth over the past several decades: the top 1% took 38% of all additional wealth accumulated since the mid-1990s, whereas the bottom 50% captured just 2% of it.” India’s …

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