Pandemic, Poverty, and Inequality: Evidence from India
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Summary:
The paper presents estimates of poverty [extreme poverty PPP$1.9 and PPP$3.2] and consumption inequality in India for each of the years 2004-5 through the pandemic year 2020-21. These estimates include, for the first time, the effect of in-kind food subsides on poverty and inequality. Extreme poverty was as low as 0.8 percent in the pre-pandemic year 2019, and food transfers were instrumental in ensuring that it remained at that low level in pandemic year 2020. Post-food subsidy inequality at .294 is now very close to its lowest level 0.284 observed in 1993/94.
Series:
Working Paper No. 2022/069
Subject:
Agricultural commodities Commodities Consumption Household consumption Income inequality National accounts Poverty
Frequency:
regular
English
Publication Date:
April 5, 2022
ISBN/ISSN:
9798400205170/1018-5941
Stock No:
WPIEA2022069
Pages:
52
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