In a striking announcement this April, the World Bank claimed that India has successfully lifted 171 million people out of extreme poverty over the decade spanning 2011-12 to 2022-23. According to its ...
India's extreme poverty rate declined sharply to 5.3% over a decade from 27.1% in 2011-12 even as the World Bank revised upwards its threshold poverty line to USD 3 per day. Given India's inflation ...
Growth is not the sole objective of economic policy. It is necessary to ensure that the benefits of growth accrue to all sections. Eradication of poverty is thus an important objective. The objective ...