EP117: The Great Indian Poverty Debate—Poverty, Inequality, The Middle Class
Description
Karan Bhasin is an economist based in New York. His latest paper with Dr Surjit S Bhalla 'Four Facts On Inclusive Growth In India' examines the persistent beliefs about poverty in India. In this episode we discuss the following with him:
00:00 - The Poverty Measurement Debate in India & The Poverty Decline
09:36 - How Government Schemes Impact Poverty Data
12:10 - India's Poverty Reduction: A Remarkable Trend W/o Leaving Agriculture
14:39 - Should India Conduct Household Consumption Expenditure Surveys Every Year?
19:28 - Is Inequality In India Really Widening? Here's What Consumption Data Shows
26.50 - Is India's Lower Middle Class & Middle Class Being Left Behind?
33:52 - In Focus: India's Economic Growth & Policy Gaps
37:58 - What It Means To Be Poor In India In 2025