India has almost wiped out extreme poverty: International Monetary Fund

Mon, 9 May 2022 20:22:02 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.hindustantimes.com/world-news/india-has-almost-wiped-out-extreme-poverty-imf-101649311909782.html>

"New Delhi: India has almost eradicated extreme poverty and brought down
consumption inequality to its lowest levels in 40 years through state-provided
food handouts, according to a new working paper published by the International
Monetary Fund (IMF).

The IMF working paper — authored by economists Surjit Bhalla, Arvind Virmani
and Karan Bhasin — said that the proportion of people living in extreme
poverty, at less than 1%, remained steady even during the pandemic on the back
of “in-kind” subsidies, especially food rations."

Via Future Crunch Apr 15, 2022:
https://futurecrunch.com/goodnews-womens-rights-indonesia/

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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