-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...
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India witnessed sharp decline in poverty with 12.3 percentage points between 2011-2019. Details here
-Livemint.com Poverty reduction was higher in rural areas compared to urban India as rural poverty declined from 26.3% in 2011 to 11.6% in 2019, while in urban areas the decline was from 14.2% to 6.3% during the corresponding period, as per report Spelling some relief for the country's prosperity, India's extreme poverty declined 12.3 percentage points lower in 2019 than in 2011 as poverty headcount rate has dropped from 22.5% in 2011...
More »Why e-rickshaws are no big draw for Delhi drivers despite Kejriwal govt’s purchase subsidy -Sukriti Vats
-ThePrint.in While govt says subsidies have been availed on 9,558 e-rickshaws to date, data compiled by road ministry portal Vahan 4.0 has shown dip in registration of e-rickshaws since 2019. New Delhi: While electric rickshaws, or e-rickshaws, can be spotted on the streets of Delhi any given time of day, their more primitive predecessors, the three-wheeler cycle rickshaws continue to remain a prominent mode of transport, straining to keep up with the...
More »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....
More »PM Free Ration Scheme Kept extreme poverty Lowest During Pandemic 2020: IMF
-PTI/ NDTV.com The working paper titled 'Pandemic, Poverty, and Inequality: Evidence from India' presents estimates of poverty and consumption inequality in India for each of the years 2004-5 through the pandemic year 2020-21. New Delhi: Pradhan Mantri Garib Kalyan Yojana (PMGKAY), which provides free foodgrains to poor people, played a key role in keeping extreme poverty in India at the lowest level of 0.8 per cent during the pandemic-hit 2020, according to...
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