India: Not quite poor, neither so well off

Much has been said about poverty in India. Academics have crunched the numbers, and politicians have weighed in with their spin. Putting aside political posturing, there is good news on poverty, especially over the last decade. The rate of poverty decline has increased from 0.74 percentage points per year during 1993-2004 to 2.18 percentage points during 2004-12.

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