Poverty in India: Decline over the decade
2 years, 6 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 plausible that a temporary exogenous shock would move them below the line, temporarily. After that, using PLFS 2020-21 household monthly consumption data, the percentage of population living below that poverty line has been estimated.

History of this topic

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