Experts have some reservations about the methodology used to arrive at the number, and that the poverty figures under the existing PPP of $1.9 per person per day have been understated
Business Standard brings you top headlines of the day
Rural decline steeper than in urban centres
India has "eliminated low-income poverty (which is based the purchasing power parity or PPP of $1.9 per person a day)", the lead author of the paper said
"As India has eliminated low-income poverty and has become a lower-middle income country, it's more useful to start using the $3.2/day poverty line"
Income, consumption or lack of "capabilities": what makes a person poor in India?
Prime Minister Narendra Modi on Tuesday said that poverty is eliminated with the empowerment of the people while aligning their strength with good governance.
If the government thinks growth is the solution, can it be delivered in a slowing world with rising rates - within the domestic context of slower growth even before the pandemic, asks T N Ninan
RJD leader Tejashwi Yadav on Saturday slammed CM Nitish Kumar over Bihar's low ranking in NITI Aayog's poverty index baseline report and said that the "double-engine" govt is responsible for this
Fruits of economic reforms monopolised by the elite: World Inequality Report
Business Standard brings you the top stories on Friday
State welfare schemes often benefit the privileged as the government puts off setting up updated measures to define poverty
The report highlights that differences among social groups define the incidence and intensity of poverty
The Centre on Friday said it was shocking that India's rank was lowered on the Global Hunger Index, terming the methodology used for rankings "unscientific". India slipped to 101st position in the Global Hunger Index (GHI) 2021 of 116 countries, from its 2020 position of 94th. It is now behind its neighbours Pakistan, Bangladesh and Nepal. Reacting sharply to the report, the Women and Child Development Ministry said it is "shocking" to find that the Global Hunger Report 2021 has lowered the rank of India on the basis of FAO estimate on proportion of undernourished population which is found to be "devoid of ground reality and facts and suffers from serious methodological issues". "The publishing agencies of the Global Hunger Report, Concern Worldwide and Welt Hungerhilfe, have not done their due diligence before releasing the report," the ministry said in a statement. The methodology used by FAO is "unscientific", the ministry claimed.
Obsessed with keeping a lid on borrowing costs, the government is making things worse for the common man by its regressive consumption taxes.
Here are the best of Business Standard's opinion pieces for Friday
As the pandemic and eventual lockdowns wreaked havoc on the economy and livelihoods, around 230 mn Indians have been pushed into poverty during the past year, showed a report by Azim Premji University
Issues such as tackling tuberculosis and health insurance, which could have been addressed in 2020, were sidelined
India on Wednesday signed a pact worth Dollar 400 million with the World Bank in a bid to aid the poor and vulnerable reeling under the coronavirus crisis
There is evidence to show that enough people don't know about the benefits of education, says Banerjee