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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

  continue reading

194 episode

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Manage episode 406430363 series 2631520
Konten disediakan oleh TheHindu. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh TheHindu atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

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

  continue reading

194 episode

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