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Saturday, March 15, 2014

India: Not quite poor, neither so well off

Much has been said about poverty in India. Academics have crunched the numbers, and politicians have weighed in with their spin. Putting aside political posturing, there is good news on poverty, especially over the last decade. The rate of poverty decline has increased from 0.74 percentage points per year during 1993-2004 to 2.18 percentage points during 2004-12. 

More than 140 million Indians rose above the poverty line in the last decade. But the debate is shifting to beyond extreme po .. 

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