Absolute poverty virtually eliminated, says NITI Aayog
Absolute poverty measured by the World Bank’s yardsticks is “virtually eliminated” in India, and general policy action cannot be deployed to address the few people earning under USD 1.9 a day, a member of the government’s think tank NITI Aayog...
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Absolute poverty measured by the World Bank’s yardsticks is “virtually eliminated” in India, and general policy action cannot be deployed to address the few people earning under USD 1.9 a day, a member of the government’s think tank NITI Aayog said on Tuesday.
NITI Aayog’s Arvind Virmani said the percentage of the population tagged as “vulnerable” has also gone down drastically and will be eliminated in the next seven years.
He, however, admitted that while absolute poverty is down, we have got “worse” from an income distribution perspective.
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