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LATEST NEWS UPDATES | Poverty Trends in India 2004-05 to 2009-10 Updating Poverty Estimates and Comparing Official Figures -Utsa Patnaik

Poverty Trends in India 2004-05 to 2009-10 Updating Poverty Estimates and Comparing Official Figures -Utsa Patnaik

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published Published on Sep 28, 2013   modified Modified on Sep 28, 2013
-Economic and Political Weekly


A comparison of the consumption expenditure and associated nutritional intake data for 2009-10 with that of 2004-05 shows worsening poverty in terms of the percentage of people unable to reach the minimum required calories energy intake through their monthly spending on all goods and services. This result must be seen in the context of neo-liberal policy, the financial crisis and consequent global recession affecting export production, the rapid rise in food prices, declining employment growth, the drought of 2009-10, and in spite of a positive development like the National Rural Employment Guarantee Scheme. It is argued that the decline claimed in the official poverty ratios is spurious.

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Economic and Political Weekly, Vol-XLVIII, No. 40, October 05, 2013, http://www.epw.in/special-articles/poverty-trends-india-2004-05-2009-10.html


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