What the new expenditure survey says about poverty
New Indian ExpressThe 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 urban areas, some experts have gone overboard in claiming poverty has been nearly eradicated in India. For instance, NITI Aayog CEO B V R Subrahmanyan claimed poverty in rural India, estimated at around 25.7 percent of the population in 2011-12, has declined to below 5 percent. India’s GDP growth has ranged between 3.8 and 7 percent in the last five years and the GDP shrank 5.83 percent in 2020 because of the pandemic.