Growth is not the sole objective of economic policy. It is necessary to ensure that the benefits of growth accrue to all sections. Eradication of poverty is thus an important objective. The objective ...
India's extreme poverty rate declined sharply to 5.3% over a decade from 27.1% in 2011-12 even as the World Bank revised upwards its threshold poverty line to USD 3 per day. Given India's inflation ...
Western "poverty porn" narratives about India ignore the country's rapid poverty reduction and economic transformation.
In a striking announcement this April, the World Bank claimed that India has successfully lifted 171 million people out of extreme poverty over the decade spanning 2011-12 to 2022-23. According to its ...
India has made strong progress in reducing poverty, with both income-based and non-monetary indicators showing steady improvement, according to the Economic Survey.
India knows how to count the poor. From ration cards to multi-decade surveys such as the National Sample Survey, there are sophisticated systems to track deprivation – who’s getting by, who’s falling ...
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