Business Standard

Do we need new line to assess poverty? Should an expert panel be appointed?

The Rangarajan Committee used alternative methodology, wherein a household is considered poor if it is unable to save

poverty
Premium

Indivjal Dhasmana New Delhi
Poverty estimates in India have usually been shrouded in controversy. The recent ones, based on the household consumption expenditure survey for 2022-23, are no exception. SBI Research, economists C Rangarajan and Mahendra Dev, and Surjit Bhalla and Karan Bhasin have made poverty estimates based on the latest survey, using different parameters. 

SBI Research, headed by the State Bank of India’s Group Chief Economic Advisor, Soumya Kanti Ghosh, took the Suresh Tendulkar Committee recommendations for 2011-12 as the base and adjusted it for inflation over the years, and also for free food items, and other goods and services, provided under government schemes.

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in