A Study of Poverty and Consumption Inequality in India from years 2004-05 through the Pandemic Year
DOI:
https://doi.org/10.29070/7gjnnw75Keywords:
poverty, consumption inequality, economic growth, india, pandemicAbstract
The poor's improved standard of living must be the ultimate goal of economic expansion. The opposite of rapid and consistent poverty reduction is not just ineffective; it might make the situation worse. In a similar vein, if rapid development is accomplished by unequally distributing its benefits, it will not last. Indeed, it is conceivable to conceive a scenario where economic expansion exacerbates inequality to the point where poverty levels increase. Our research is the first to examine the long-term effects of in-kind food subsidies on poverty and inequality in India from 2004-2005 to the epidemic year. The low incidence of severe poverty in 2019 before the epidemic was maintained in large part due to food assistance.
References
Bhalla, S. S. (2002). Imagine there's no country: Poverty, inequality, and growth in the era of globalization. Peterson Institute.
Bhalla, S. S., Bhasin, K. & Virmani, A. (2020). Poverty, Inequality, and Growth in India: 2011-2018.
Cochrane, John H. 2020. Stop Worrying About Wealth Inequality: Don’t Focus On Wealth Focus on Consumption. Chicago Booth review.
Government of India (2008) Report of the Group for Examining Discrepancy in PFCE estimates from NSSO Central Statistical Organization, Ministry of Statistics and Programme Implementation.
Gupta, A., Malani, A., & Woda, B. (2021). Inequality in India Declined during COVID (No. w29597). National Bureau of Economic Research.
Lakner, C., Mahler, D. G., Negre, M., & Prydz, E. B. (2022). How much does reducing inequality matter for global poverty?. The Journal of Economic Inequality, 1-27.
Meyer, B. D., Mok, W. K., & Sullivan, J. X. (2015). Household surveys in crisis. Journal of Economic Perspectives, 29(4), 199-226.
Roy, S., & Yonzan, N. (2022). What do we Know about Poverty in India in 2017/18?.
Virmani, A., & Bhasin, K. (2020). Growth Implications of Pandemic: Indian Economy (Vol. 7). Working paper no 2/2020, Foundation for Economic Growth and Welfare, New Delhi.
World Bank. 2000. India Reducing Poverty, Accelerating Development. A world Bank Country Study. Oxford University Press
Ghatak, M., & Muralidharan, K. (2019). An inclusive growth dividend: Reframing the role of income transfers in India’s anti-poverty strategy.
Karadja M, Mollerstrom J, Seim D. Richer. 2017. And holier than thou? The effect of relative income improvements on demand for redistribution. Review of Economics and Statistics; 99(2): p. 201-212.
Curtis J, Andersen R. 2015. How social class shapes attitudes on economic inequality: The competing forces of self-interest and legitimating. International Review of Social Research; 5(1): p. 4-19.
Panagariya and Mukim (2013) Reducing Poverty in India: The Role of Economic Growth. IEG Working Paper No. 349
Himanshu (2010) what is happening to rural welfare, poverty and inequality in India? In The India Forum (Vol. 29).
This work is licensed under a 