Poverty in India Has Declined over the Last Decade But Not As Much As Previously Thought
The last expenditure survey released by India’s National Sample Survey organization dates back to 2011, which is when India last released official estimates of poverty and inequality. This paper sheds light on how poverty and inequality have evolve...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2022
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/099249204052228866/IDU0333e60f901267045600be83093783b77e67a http://hdl.handle.net/10986/37273 |
| Summary: | The last expenditure survey released
by India’s National Sample Survey organization dates back to
2011, which is when India last released official estimates
of poverty and inequality. This paper sheds light on how
poverty and inequality have evolved since 2011 using a new
household panel survey, the Consumer Pyramids Household
Survey conducted by a private data company. The results show
that: (1) extreme poverty is 12.3 percentage points lower in
2019 than in 2011, with greater poverty reductions in rural
areas; (2) urban poverty rose by 2 percentage points in 2016
(coinciding with the demonetization event) and rural poverty
reduction stalled by 2019 (coinciding with a slowdown in the
economy); (3) poverty is estimated to be considerably higher
than earlier projections based on consumption growth
observed in national accounts; and (4) consumption
inequality in India has moderated since 2011. |
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