-The New Indian ExpressThe authors conclude that the record pace of poverty reduction was due to high growth rate.
Only 84 million (8.4 crore) Indians are poor as on 2017 down from 270 million in 2011, claims a new study.
Only 84 million (8.4 crore) Indians are poor as on 2017 down from 270 million in 2011, claims a new study.
It also states that poverty, as per the Tendulkar Poverty line, reduced from 14.9 per cent in 2011 to 7.0 per cent in 2017 — the fastest pace the country has seen yet. The findings, which are part of the joint paper titled Poverty, Inequality and Inclusive Growth in India: 2011/12-2017/18 by Surjit S Bhalla, Arvind Virmani and Karan Bhasin, were presented to the National Council for Applied Economic Research (NCAER).
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