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Are India's poverty reduction claims wrong?
Jul 25, 2013


Amidst a steady flow of negative news on the Indian economy coming in from all quarters, there was finally something to cheer about. As per the Planning Commission, poverty levels in India came down to 22% in FY12 as opposed to 45% that existed back in 1993-94. In fact, the fall has been steady over the past couple of decades. But criticism has started pouring in from many quarters, arguing that the result has not been achieved by way of achieving the goal but in fact, the entire goalpost has been shifted to make the numbers look good. Consequently, the entire methodology of poverty estimation is now being reviewed. While the final numbers could look higher, there can be no denying the fact that some success in reducing poverty has certainly been achieved. However, what's also true is that lot more needs to be done.

Source: Indiaspend.com, livemint

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