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Money-metric poverty, welfare, growth, and inequality in India: 1983 – 2011/12

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  • S. Subramanian
  • D. Jayaraj

Abstract

Abstract On the record of poverty and inequality in India over the last thirty or so years, the general scholarly view seems to be that there have been substantial declines in money-metric poverty, that there has been no significant over-time increase in inequality, and that the growth in per capita consumption expenditure has not been marked by any discernible evidence of non-inclusiveness. It is argued in this paper that inferences of this nature are largely a consequence of the particular approaches to the measurement of poverty, inequality and inclusiveness that have been generally adopted in the literature. Alternative, and arguably more plausible, protocols of measurement suggest a picture of money-metric deprivation and disparity in India which shares little in common with the product of received wisdom on the subject.

Suggested Citation

  • S. Subramanian & D. Jayaraj, 2014. "Money-metric poverty, welfare, growth, and inequality in India: 1983 – 2011/12," Global Development Institute Working Paper Series 21114, GDI, The University of Manchester.
  • Handle: RePEc:bwp:bwppap:21114
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    References listed on IDEAS

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    1. Sen, Amartya, 1983. "Poor, Relatively Speaking," Oxford Economic Papers, Oxford University Press, vol. 35(2), pages 153-169, July.
    2. Kolm, Serge-Christophe, 1976. "Unequal inequalities. II," Journal of Economic Theory, Elsevier, vol. 13(1), pages 82-111, August.
    3. Sanjay G Reddy, 2007. "The Great Indian Poverty Debate," Development, Palgrave Macmillan;Society for International Deveopment, vol. 50(2), pages 166-171, June.
    4. Basu, Kaushik, 2006. "Globalization, poverty, and inequality: What is the relationship? What can be done?," World Development, Elsevier, vol. 34(8), pages 1361-1373, August.
    5. Bhalla, Surjit, 2011. "Inclusion and growth in India: some facts, some conclusions," LSE Research Online Documents on Economics 38366, London School of Economics and Political Science, LSE Library.
    6. Kolm, Serge-Christophe, 1976. "Unequal inequalities. I," Journal of Economic Theory, Elsevier, vol. 12(3), pages 416-442, June.
    7. Angus Deaton & Jean Dreze, 2002. "Poverty and Inequality in India: A Re-Examination," Working Papers 184, Princeton University, Woodrow Wilson School of Public and International Affairs, Research Program in Development Studies..
    8. Srinivasan, T. N., 2013. "Planning, Poverty and Political Economy of Reforms: A Tribute to Suresh Tendulkar," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 48(1), pages 1-32.
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