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On poverty and prosperity, lot done, lot to do

The rapid decline in India’s poverty levels over the last decade augurs well for the country’s efforts to eradicate poverty.

High growth in India has not led to as rapid a reduction of poverty as might have been expected.

High growth in India has not led to as rapid a reduction of poverty as might have been expected. (Express Archive)

The rapid decline in India’s poverty levels over the last decade augurs well for the country’s efforts to eradicate poverty. Though the decline was faster and more broad-based than in the preceding decades, examples from across the developing world suggest it could have been more inclusive and responsive to economic growth.

India has made tremendous progress in reducing absolute poverty in the past two decades...

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