Looking Back on Two Decades of Poverty and Well-Being in India
This paper provides an overview of poverty and well-being trends in India since the mid-1990s. Poverty reduction since 2005 has been much faster than the earlier decade, as a result of broad-based growth across most geographic areas. Underlying thi...
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Language: | English en_US |
Published: |
World Bank, Washington, DC
2016
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Online Access: | http://documents.worldbank.org/curated/en/2016/04/26189868/looking-back-two-decades-poverty-well-being-india http://hdl.handle.net/10986/24168 |
Summary: | This paper provides an overview of
poverty and well-being trends in India since the mid-1990s.
Poverty reduction since 2005 has been much faster than the
earlier decade, as a result of broad-based growth across
most geographic areas. Underlying this is a pattern of high
mobility in economic status that has led to an emerging
middle class. Still, a vast (and rising) share of the
population faces significant risk of slipping back into
poverty. India's poor are increasingly concentrated in
low-income states with historically lower rates of economic
progress. Even as India has reduced poverty faster than the
developing world as a whole, the degree of poverty reduction
associated with growth has been substantially lower than in
some of its middle-income peers. India faces important
challenges in nonmonetary dimensions of welfare as well.
Despite success on important fronts, such as infant and
child mortality and secondary education, progress has been
slow in others, such as sanitation and nutrition, and lags
behind some other countries that are at a similar stage of development. |
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