In a conversation with ThePrint, the two economists talked about how India needs a national poverty line, an updated Census, and must focus on releasing more data instead of less.
A reasonable question to include in poverty measurement exercises would be the extent to which a person can carve out a life outside of the tentacles of the Indian state.
Bibek Debroy, chairman of Prime Minister’s Economic Advisory Council, also suggested that analysing inequality at the state level might provide a clearer picture of inequality, as a national estimate could be misleading.
Data gathered through household surveys for over 6.1 billion people across 111 countries. In India, common deprivations were lack of housing, sanitation, cooking fuel & nutrition.
India's official poverty estimates are more than a decade old. A consumption expenditure survey was last conducted in 2017-18 but its findings were never accepted by the govt.
People who are undernourished are chronically hungry, meaning they don’t have enough to eat for a normal, healthy and active life for a period of at least a year.
The FCI’s price support for farmers is one of the largest welfare programmes in India. But it is largely ineffective in reaching those who need it most.
President Xi said the incomes of nearly 100 million people moved above China’s official poverty line — set at $1.68 per day — during an 8-year period to eliminate poverty
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
COMMENTS