Himanshu: The World Bank's poverty estimates have flaws—India should have its own measures of impoverishment

The international organization's poverty figures don’t account for consumption patterns unique to India. India needs its own poverty line, especially with consumption data now being available uniformly as part of the household surveys. This is crucial for eff…

But the World Bank estimates are not official estimates of poverty by the government. India has been a pioneer in the measurement of poverty, with the erstwhile Planning Commission setting the pove…

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