Question

What is the effect of pandemic on poverty in India?

Answer 1

At present, 60 per cent of India's population, or an estimated 812 million ... But the impact of the pandemic on poverty could be more severe in South Asia.Covid-19 To Double Poverty In India ... damage wrought by the pandemic Shweta Saini And Pulkit Khatri ... poverty data as our base, we simulate the impact of income

Answer 2

As the Narendra Modi-led central government continues to pick pieces in the puzzle to rein in the coronavirus pandemic in India, the economic costs of the nationwide lockdown on millions of poor could be catastrophic. Projections based on a recent analysis by researchers at the United Nations University (UNU) show that, in the worst case scenario, 104 million more people in India could fall below the World Bank-determined poverty line of $3.2 a day for lower-middle-income countries. At present, 60 per cent of India’s population, or an estimated 812 million people, live below that poverty line.
In effect, the coronavirus pandemic and the economic consequences of an extended business shutdown could swell the ranks of India’s poorest to 915 million. From 60 per cent, the proportion of people below the poverty line could increase to 68 per cent – a situation seen in the country more than a decade ago. Much of the Indian government’s efforts to mitigate poverty over the years could be negated in a matter of just a few months.
The World Bank classifies nations into four broad income categories on the basis of which they are assigned three poverty lines. The lower-middle-income category, in which India also falls, has countries where per-capita annual gross national income is between $1,026 and $3,995 (between Rs 78,438 and Rs 3 lakh). In these countries, those earning less than $3.2 a day (around Rs 78,000 per year) are considered to be below the poverty line.