Wednesday, July 09, 2014

100 million more Indians classed as poor...

An extra 100 million people in India have been classified as poor by an expert panel that has redefined the country’s poverty benchmark, reports say.

The panel, appointed by the Indian government, estimated that around 30 percent of the country’s population --or 363 million people-- lived in poverty in 2011-2012, after raising the poverty line suggested by the Planning Commission, which is India’s top economic planning body.

The report, which was submitted to the government last week, is expected to provoke debate in India where hundreds of millions of people still lack food and housing.

The panel’s findings were leaked to Indian media on Monday.

India’s previous government had asked the panel, led by a former central bank governor, to review the figures after a protest over the Planning Commission's threshold for poverty. Full story...

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