China plans to increase its BPL to uplift 80 mn lives

Image
Press Trust of India Beijing
Last Updated : Jan 20 2013 | 10:12 PM IST

In a bid to enable 80 million people get state benefits, China, the world's most populous nation, plans to increase its existing threshhold at $152 a year to $186, media reports said today.     

The proposal to raise China's poverty line was put forward much before last month, when the global yardstick was changed after World Bank raised the poverty line from $1 to $1.25 a day.     

The State Council, or the country's cabinet, will discuss raising the poverty line by the end of the year, China Daily quoted Renmin University of China professor Wang Sangui as saying.     

Reports said that Lu Yan, spokeswoman for the council's Leading Group Office of Poverty Alleviation and Development, had confirmed that the authorities were considering the proposal but declined to give details.     

The existing poverty threshold in China is an income of 1,067 yuan ($152) a year as cost of living there is lower that in many other countries.     

About 43 million people were living below the poverty line in the country's rural areas in 2007.

Their number in urban areas was more than 22 million, the daily said.

If the proposed 1,300-yuan-a-year ($186) income becomes the new threshold, the number of poor would increase to 80 million.     

"As China moves toward becoming a country with mid-level per capita income, it has become necessary to redefine poverty," Wang Xiaolu, deputy director of the China Reform Foundation's National Economic Research Institute was quoted as saying by the paper.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 03 2008 | 5:45 PM IST

Next Story