Details
Raju Vernekar
vernekar.raj@gmail.com
“The scale of poverty is expected to be determined by standard of living (which includes the facilities like housing, education and sanitation), instead of one’s income, as per a working paper published by the Union Ministry of Rural Development.”
“The ministry has released a paper in which several comments have been made about the poverty line. The paper notes that the corona virus epidemic has highlighted some essential things, including the quality of health, education and awareness, water and sanitation facilities, the need for adequate nutrition and living spaces where social distance means social distancing can be followed.”
“Interestingly, in the paper, the World Bank has classified India as a low-middle-income country with a per capita income of Rs 75 per day, which is currently higher than India’s figure. The paper notes that India will need to adapt to a new reality for the lower middle-income segment over a period of time, in which poverty is not meant to be driven by hunger, but rather by a growing economy.”
“In an academic paper written by Seema Gaur and N. Srinivasa Rao, the head economic advisor and economic adviser of the RD department, traces the history of measuring poverty spanning decades. Also disputes have changed this process due to its nature. However, this paper leads to the conclusion that a ‘poverty line’ is a necessary number for policy makers as it helps them to develop development issues and policies.”
“The paper states that keeping in mind the average annual GDP growth rate of 8%, a strategy to attack poverty by creating jobs can prove to be important. The RD Ministry, being the authority on the socio-economic caste census, plays an important role in measuring and combating poverty, which is currently a barometer for identifying underprivileged families as well as key poverty alleviation programs.”
“While stating that the global report said that India is moving fastest in fighting poverty, the paper noted that poverty reduction and improvement in socioeconomic signals in India have been divided into considerable disparities.”
“On the other hand, the paper concludes that a “poverty line” is very important for the coverage makers to have an purpose quantity round which to paintings as additionally to measure the growth in fighting deprivation. It says that notching a median annual GDP expansion price of 8% is important to the method of attacking poverty through developing jobs. The RD ministry performs a key position in measuring and combating poverty, being the authority on socio-economic caste census, which is the prevailing barometer for figuring out disadvantaged families as additionally the executor of primary poverty alleviation programmes.”
“Whilst underlining that world stories have asserted that India was once transferring the quickest in preventing poverty, the paper says “Growth in poverty aid and growth within the socioeconomic signs in India has been marked through really extensive inequalities. Poverty is focused each spatially and amongst social and financial teams.””
“Bihar, Uttar Pradesh, Manipur, Jharkhand, and Assam, are the top 5 poorest states in terms of Net State Domestic Product Per Capita (NSDP). These five states have NSDP below Rs. 80,000 per annum. Goa has the lowest poverty rate. The Per Capita Income is the mean income of the people in an economic unit such as a state or a city. To know per capita income, the total income of a unit is divided by the population of that unit.”
“As per the recent report of the Union Ministry of Statistics and Programme Implementation(MOSPI) released in January this year, the state per capita income of Goa is highest in the country followed by Delhi and Sikkim. The Bihar has the lowest NSDP per capita at Rs .43,822 (FY 2018-19).”
“Per capita income of Goa is 3.01 times more than India’s average and 7.18 times more than the poorest state Bihar. Goa has highest NSDP among 33 Indian states and union territories. NSDP of Goa is estimated at Rs. 467,998 (2018-19). Ranking of Delhi is two with per capita income around of Rs. 365,529. Sikkim is at third, Chandigarh is at forth and Puducherry is the fifth richest economy of India.”
