Poverty Ratio of India declined to 21.9 percent in 2011-12: PCI Poverty Estimates Report ! Poverty Ratio in India declined to 21.9 percent in 2011-12 from 37.2 percent measured in 2004-05 on the basis of the increase in per capita consumption. The Planning Commission of India on 23 July 2013 released its report on the Poverty Estimates for 2011-12. The report was based on the Large Sample Surveys on Household Consumer Expenditure conducted by the National Sample Survey Office (NSSO) of the Ministry of Statistics and Programme Implementation. The ratio is based on the methodology that was suggested by the Suresh Tendulkar Committee that suggests the factors in money spent on health and education besides calorie intake to fix a poverty line. As per Tendulkar Methodology, the poverty line has been expressed in terms of MPCE based on Mixed Reference Period. Since several representations were made suggesting that the Tendulkar Poverty Line was too low, the Planning Commission, in June 2012, constituted an Expert Group under the Chairmanship of Dr. C. Rangarajan to once again review the methodology for the measurement of poverty. The report on the recommendation on poverty line made by Tendulkar Committee from the Rangarajan committee is likely to be submitted by mid 2014.
Posted on: Sun, 28 Jul 2013 09:26:03 +0000