AFA RAJYA SABHA NEWS ANALYSIS- 10/02/2019
ERADICATING POVERTY IN INDIA
[MAINS OPTIONAL- ECONIMICS]
India may have reduced extreme poverty far more effectively than most of us are aware of. The last official data is eight years old. In 2011, 268 million people were surviving on less than $1.90 a day, the World Bank measure for extreme poverty. The next round of data on household consumption is likely to come out in June, and it may well show a drastic drop in the number of poor. According to the World Data Lab — which monitors global poverty using advanced statistical models — less than 50 million Indians may be living on less than $1.90 a day now. Economists said rapid economic growth and the use of technology for social sector programs have helped make a significant dent in extreme poverty in the country. The BJP on Monday cited global think tank reports to say that India is moving fast towards a poverty-free situation and gave credit to policies of the Narendra Modi-led government for it. On this edition of the big picture we analyse what more needs to be done to eradicate poverty…
When there will be reduction in the cost of living, there will be further reduction of poverty. India is likely to invest more in housing poor..
The above video is the discussion in THE BIG PICTURE of Rajya Sabha TV. This include the analysis of the current situation and the measures taken to reduce poverty by the on going government. The world bank release on the poverty numbers for India showing a drastic improvement in the economy of India and reduce in the poverty numbers.
Note: This 26 minutes video tells al about the above stuffs. Kindly note the important data and the measures taken and go through that after the video. This helps in merging these points in your descriptive answers.
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