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Has poverty really dropped to 5% in India? | The Hindu parley podcast
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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.
Guests: Surjit Bhalla is a former member of the Prime Minister’s Economic Advisory Council; Jayati Ghosh is a development economist and author of ‘The Making of a Catastrophe: The Disastrous Economic Fallout of the COVID-19 pandemic in India’
Host: Prashanth Perumal
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Fetch error
Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on May 30, 2024 16:33 ()
What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 406430363 series 2631520
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.
Guests: Surjit Bhalla is a former member of the Prime Minister’s Economic Advisory Council; Jayati Ghosh is a development economist and author of ‘The Making of a Catastrophe: The Disastrous Economic Fallout of the COVID-19 pandemic in India’
Host: Prashanth Perumal
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