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India Poverty Myths

Five Myths About India's Poverty

Richard Dobbs | Posted 08.02.2014 | Home
Richard Dobbs

A new benchmark called the Empowerment Line, developed by the McKinsey Global Institute, aims to create a new and more holistic policy framework for poverty reduction. It calculates the cost for an Indian household to attain the basics and then compares these benchmarks to actual consumption data to measure needs that are going unmet. The results debunk a number of misconceptions about the nature of poverty in India.