Poverty Dynamics in Rural India: An Asset-Based Approach
Swati Dutta and
Lakshmi Kumar
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Swati Dutta: Swati Dutta is Doctoral Scholar, Institute for Financial Management and Research (IFMR), Kothari Road, Chennai, email: swati.dutta@ifmr.ac.in
Lakshmi Kumar: Lakshmi Kumar is Associate Professor, IFMR, email: lakshmik@ifmr.ac.in
Margin: The Journal of Applied Economic Research, 2013, vol. 7, issue 4, 475-506
Abstract:
To make directed policy for different categories of identified rural poor in India, the current focus on static income poverty as a measure is insufficient. This article uses the asset-based approach to quantify poverty dynamics for the years 1992, 1998 and 2005, for the entire country and for various states. We find that at all India level 35 per cent of the rural households are asset poor, of which 22 per cent are chronically poor and 13 per cent are transient poor. An additional 9 per cent of rural non-poor households live under the threat of poverty. This article also analyses trends in asset poverty in various states, with policy recommendations based on their asset poverty status. JEL Classification: I32, I38, C21, C25
Keywords: Poverty; Vulnerability; Asset; Multiple Correspondence Analyses; India (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:sae:mareco:v:7:y:2013:i:4:p:475-506
DOI: 10.1177/0973801013500134
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