Friday, March 5, 2021
Home News Reports Number of poor people in India falls from 27 crore in 2011 to 8.4...

Number of poor people in India falls from 27 crore in 2011 to 8.4 crore in 2017: New study reveals

The Authors concluded that the record pace of poverty reduction was due to certain government measures like MGNREGA, Direct Benefit Transfer, PM Kisan Yojana, LPG subsidy and others. 

As per the recent research study about the status of poverty in India, there is a remarkable decline in the number of people living in poverty from 2011 to 2017. The number of people living in poverty in India had come down to 8.4 crores in 2017, as against 27 crores in 2011, the research claims.

As per a report in the New Indian Express, The study claims that as per the Tendulkar poverty line it, poverty in India reduced from 14.9 % in 2011 to 7.0 % in 2017, the fastest decline in poverty the country has ever seen. The research which is part of the joint paper titled ‘Poverty, Inequality and Inclusive Growth in India: 2011/12-2017/18 by Surjit S Bhalla, Former Chief Economic Advisor Arvind Virmani, and the economic researcher Karan Bhasin was presented to the National Council for Applied Economic Research (NCAER).

Last year the NSSO survey had implied that poverty in India is increased. The NSSO survey suggested that rural poverty rose nearly 4 percentage points between 2011-12 and 2017-18 to 30 percent even as urban poverty fell 5 percentage points over the same period to 9 percent.

The NSSO data had also claimed that while there is a 12% decline in per capita consumption, the national accounts data, in contrast, shows an increase of 5.5%.

The current study has included data from the NSSO survey, night-time lights data and other data points to conclude that between 2011 and 2017, poverty reduction may have been much better than anticipated.

The Authors concluded that the record pace of poverty reduction was due to certain government measures like MGNREGA, Direct Benefit Transfer, PM Kisan Yojana, LPG subsidy and others.

The authors noted that asset transfer such as houses and toilets has played a major role in poverty reduction, “All these estimates reveal that poverty in India was in single digits as per the Tendulkar poverty line and that India experienced one of the fastest paces of poverty reduction between 2011-2017.”

As per the World Bank poverty line report, poverty in India has declined with the fastest rate ever, from 58% in 2011-12 to 37% in 2017-18. The world bank classifieds India as a lower-middle-income country.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staff
Staff reporter at OpIndia

Related Articles

Trending now

Indian Govt should ask badminton coach and Taapsee Pannu’s boyfriend Mathias Boe to quietly do his job or quit

Mathias Boe had tweeted tagging Minister Kiren Rijiju, asking him to do 'something' about the IT raids on his girlfriend Taapsee Pannu

The world praises India as Made-in-India vaccines arrive to help countries start mass-vaccination against Covid

Expressing gratitude, the CARICOM described India as caring country and an example of international cooperation.

India cautions UNSC over weapons of mass destruction falling into the hands of terrorists in conflict regions like Syria

India called for an objective investigation into the alleged use of chemical weapons in Syria and a peaceful resolution of the Syrian conflict.

Anurag Kashyap’s accounts were seized for tax evasion under UPA rule too. Brave dissenter? Netizens ask

As per reports, the I-T raids have unearthed tax discrepancies to the tunes of several hundred crores.

China’s Sinopharm vaccine being developed at a bio-weapons lab operated by PLA, has history of producing sub-standard vaccines: Details

Amidst concerns about the safety of China Sinopharm vaccine, damning disclosures have come out in the public about the lab producing it

‘Freedom House’ downgrades India from ‘free’ to ‘partly free’: Read how it is wholly funded by the US govt and has ties to George...

Freedom House downgraded India based on facts they did not find convenient and a fallacious narrative woven by left and Islamists

Recently Popular

“Are you so creatively bankrupt”? Director of ‘Yeh Ballet’ slams Deepika Padukone starrer new Levi’s ad for plagiarising design ideas

Sooni Taraporevala said that the 'copycat culture' in India needs to be called out and cancelled after the set used in new Deepika Padukone starrer Levi's ad was plagiarised by the makers.

Crores of undisclosed income, unexplained cash receipts and more: IT Dept discovery so far in raids against Anurag Kashyap, Taapsee Pannu

Income Tax department (IT dept) conducted raid on properties linked to filmmaker Anurag Kashyap, actress Taapsee Pannu and others

Her husband used to talk vulgar to girlfriend in front of her: Here is what the lawyer of Ayesha, who jumped into Sabarmati river,...

Ayesha, who committed suicide by jumping into the Sabarmati River in Gujarat on March 1, had a disquiet marital life

Icchadhari protestor Yogendra Yadav finally admits that farmers’ protest is political and is about defeating PM Modi: Read how

Four months after the farmers protest began, Yogendra Yadav has finally admitted that the protests are indeed political

‘Isko maine kaat dala’ – Father beheads daughter after finding her in compromising position, takes the head to police station

After beheading the 17-year-old daughter, Sarvesh Kumar took the head to Majhila police and confessed to the crime

PM Modi and his mother abused live on air by a caller on a BBC radio show on Sikhs in the UK

BBC edited the program and the host offered apology after caller abused PM Modi and his mother during a live radio show
- Advertisement -


Connect with us