Has poverty really dropped to 5% in India? | In Focus podcast Bonus episode
In this bonus episode, we have an episode of The Hindu’s Parley podcast where The Hindu’s Prashanth Perumal is in conversation with Surjit Bhalla and Jayati Ghosh on whether poverty has really dropped to 5% in India.
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Show Notes
NITI Aayog B.V.R. Subrahmanyam recently claimed that less than 5% of Indians now live below the poverty line. He made the claim based on the findings of the Household Consumption Expenditure Survey (HCES), 2022-23. 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 5%.
Has poverty really dropped to 5% in India? Here we discuss the question.
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