In last 8 years, Poverty level is down by 15% : NSSO
As per the National Sample Survey Organisation (NSSO), the poverty line declined from 37% in 2004-05 to 22% in 2011-12. A significant reduction in poverty levels is a result of high economic growth rates. Between 2005 and 2010, the country’s GDP grew at an average of 8.5 % and the poverty rate showed an average annual decline of 1.48%.
- Rural poverty has declined faster than urban poverty during this period.
- The total number of people below the poverty line in the country is 26.89 crore as against 40.73 crore in 2004-05. In rural areas, the number has reduced from 32.58 crore to 21.72 crore.
- Bihar, Orissa, Rajasthan and Madhya Pradesh have witnessed a sharp decline.
- Bihar shows the biggest decline coming down 55% in 2004-05 to around 35% in 2011-12.
- Gujarat was 31% in 2004-05 and 16% in 2011-12.
- In Rajasthan 0.6 crore were lifted out of poverty in the same period.
- Andhra Pradesh showed a decline in urban poverty from 23 % in 2004-05 to 6% in 2011-12.
Month: Current Affairs - July, 2013