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 or so years. In 2019, my column used the World Poverty Clock estimates to suggest that India had made dramatic strides in reducing extreme poverty. In India, the most common ‘deprivation bundle’ comprises access to cooking fuel, housing, nutrition and sanitation.

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