The government’s inclusive growth agenda is yielding results, albeit too slowly as around 31.1 million people moved out of poverty during the period 2004-05 and 2009-10. A new methodology to estimate poverty also raised the number of people living below poverty line.
Initial estimates of the Planning Commission, based on the Tendulkar Committee report on methodology of poverty estimation, shows poverty has gone down from 37.20 per cent in 2004-05 to 32 per cent in 2009-10.
This means a third of India’s population is living below poverty even during 2009-10. The number of people below poverty line declined from 405.5 million during 2004-05 to 374.4 million people during 2009-10.
This is based on population of 1.09 billion taken by the Central Statistical Organisation while calculating national income during 2004-05, which increased to 1.17 billion during 2004-05.
“My colleagues Abhijit Sen has done some assessment on poverty that shows, on an overall basis, it (poverty) has dropped from 37.2 per cent to 32 per cent,” Planning Commission deputy chairman Montek Singh Ahluwalia told reporters here today.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
