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States and unionterritories of Indiaordered by. This is a list of states and union territories of India ranked according to poverty as of 2022 (2021–22) as hosted by NITI Aayog 's Sustainable Development Goals dashboard; and Reserve Bank of India 's 'Handbook of Statistics on Indian Economy'. [1] [2] The rank is calculated according to the ...
Since 2007, India has set its official threshold at ₹ 26 a day ($0.43) in rural areas and about ₹ 32 per day ($0.53) in urban areas. [46] While these numbers are lower than the World Bank's $1.25 per day income -based definition, the definition is similar to China's US$0.65 per day official poverty line in 2008.
The standard of living in India varies from state to state. In 2021, extreme poverty was reduced to 0.8% [1] and India is no longer the nation with the largest population living in poverty. [2] There is significant income inequality within India, as it is simultaneously home to some of the world's richest people. [3]
In 2016, the idea of a Universal Basic Income in India made huge news by taking up over forty pages in the 2016–2017 India Economic Survey as a serious and feasible solution to India's poverty and a hope for the economy as a whole. In India, this was an idea that has been discussed for decades in both the public and private spheres.
Jean Drèze. Jean Drèze (born 22 January 1959) is a Belgian -born Indian [1] welfare economist, social scientist and activist. [2] [3] He has worked on several developmental issues facing India like social welfare, poverty and gender inequality. His co-authors include Nobel laureate in economics Amartya Sen, with whom he has written on famine ...
HDI is a composite index that takes into consideration health, education and income. The national average HDI for India in 2008 was 0.467. [1] By 2010, its average HDI had risen to 0.519. [2] [3] UNDP, the sponsor of the Human Development Index methodology since 1990, reported India's HDI to be 0.554 for 2012, [4] an 18% increase over its 2008 HDI.
The economy of Delhi is the 13th largest among states and union territories of India. The Nominal GSDP of the NCR was estimated at 272.603 Billion [1] and the Nominal GSDP of the NCT of Delhi for 2022-23 was estimated at ₹10.83 lakh crore (US$130 billion) [9] recording an annual growth of 8.1%. Growth rate in 2014-15 was 9.2%.
Below Poverty Line is a benchmark used by the government of India to indicate economic disadvantage and to identify individuals and households in need of government assistance and aid. It is determined using various parameters which vary from state to state and within states. The present criteria are based on a survey conducted in 2002.