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Tag: Planning Commission

Opinion

Declining poverty ratio: a continuing trend

The release of the fact sheet of the Household Consumption Expenditure Survey for 2022-23 (HCES) by the National Sample Survey Office (NSSO) led to estimations of poverty and inequality trends by many researchers. Some of these studies also discussed comparability of data and measurement issues.Trends in poverty, inequality Some argue that in the absence of unit-level data, the estimates based on the fact sheet are provisional. While unit-level data provide more accurate estimates than the averages given by deciles in the fact sheet, the poverty numbers based on the fact sheet data may not differ too much from those of unit-level data. So, we can estimate poverty and inequality with the fact sheet data. The estimated poverty ratios declined from 29.5% in 2011-12 to 10% in 2022-23 (1.77%...