NITI AAYOG’S CLAIM ON POVERTY RATIO FALLING BELOW FIVE PERCENT IN INDIA, IS FLAWED
FROM ALL EVIDENCES INCLUDING UN REPORT, INDIA IS A DESPERATELY POOR COUNTRY
2024-03-22 11:48
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The other day the chief executive officer of NITI Aayog made a fantastic claim, that the poverty ratio in India had fallen below 5 per cent according to the 2022-23 consumption expenditure survey data. His claim was based on the fact that the per capita consumption expenditures of only 5 per cent of the population in 2022-23 fell below the poverty lines for that year for rural and urban India, arrived at by updating, on the basis of consumer price indices, the poverty-lines suggested for 2011-12 by a committee headed by Suresh Tendulkar.