How Poor Were We

Posted in ramblings by Gautam on December 11, 2009

The Tendulkar Committee Report (Read Here) has revamped poverty statistics for the year 2004-05 by being.. more inclusive of factors that go into accounting for the poor in the country. Quite true that its not just an income necessary to consume 2100 Calories that should define the poverty line in the country- the Committee instead bases the Poverty Line on a Normative Living Standard that is reflected by the per capita consumption expenditure of commodities and services.

We were therefore, 10% poorer 4 years back.

Think about it.

(while I delve into understanding the implications it should have on future policy considerations by the government)


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