Question

Do you think reduction of inequality and poverty has been archived in india?explain

Answer 1

The different definitions and different underlying small sample surveys used to determine poverty in India, have resulted in widely different estimates of poverty from 1950s to 2010s. In 2012, the Indian government stated 22% of its population is below its official poverty limit.[7] The World Bank, in 2011 based on 2005's PPPs International Comparison Program,[8] estimated 23.6% of Indian population, or about 276 million people, lived below $1.25 per day on purchasing power parity.[9][10] According to United Nation's Millennium Development Goals(MDG) programme 270 millions or 21.9% people out of 1.2 billion of Indians lived below poverty line of $1.25 in 2011-2012.

Answer 2

Poverty eradication has emerged as a major objective of development planners in

recent times. For that purpose it becomes necessary to identify factors that affect

poverty and its dynamics. In the literature, there has been substantive discussion and

debate on the determinants of poverty. Traditional focus in development thinking has

been on how economic growth leads to poverty reduction, as it increases per-capita

real income levels to increase incomes of the poor.