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5.6 crore Indians plunged into poverty in 2020, says World Bank

-Scroll.in Data from a survey conducted by think tank CMIE had to be used as India has not published official figures since 2011, the financial body said. A total of 5.6 crore Indians slipped into poverty in the pandemic year of 2020, the World Bank said in a report on Wednesday, citing data from a household survey conducted by think tank Centre for Monitoring Indian Economy. The findings of the Consumer Pyramids Household...

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Trends in Economic Inequality in India -Maitreesh Ghatak, Ramya Raghavan and Linchuan Xu

-The India Forum There has been an increase in economic inequality in India over the past few decades, with the rich-poor gaps among the largest of several peer economies. Household surveys show that alongside the slowdown of growth in recent years, there appears to have been some decrease in inequality. 1. Introduction Popular discussions on inequality in India receive periodic attention with the annual publication of reports by the World Inequalities Database (WID),...

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Statistics of poverty suffer from the country’s poverty of statistics -Himanshu

-Livemint.com India’s lack of official data for estimates could impair policy formulation and thus hurt the economy Two different sets of poverty estimates for India were released recently. One of the papers was authored by Surjit Bhalla, Karan Bhasin, and Arvind Virmani and the second by Sutirtha Roy and Roy Weide, both affiliated to the World Bank. Both presented estimates for roughly the same period, after 2011-12, but ended up at starkly...

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India’s great poverty debate: Season 2 -Roshan Kishore

-Hindustan Times Almost two and a half years after the 2017-18 Consumption Expenditure Survey (CES) was scrapped, the ‘great Indian poverty debate’ seems to have resurrected itself. The second season of this debate, interestingly, has started from Washington DC, not India. Poverty statistics in India have always been the subject of controversy. The country saw a big debate on the trend in poverty and the veracity of poverty estimates in the 2000s....

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Poverty rose but income inequality fell -Anup Malani Arpit Gupta, and Bartek Woda

-The Hindu There are signs that this pandemic has not followed the usual script — of the poor bearing the brunt of the pain COVID-19 has upended Indian society. Over two-thirds of the country has been infected by COVID-19 and perhaps five million or so people have died, directly or indirectly, from the pandemic. The economy too has taken a beating. Even though there has been a V-shaped recovery, output remains about...

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