Pathways to Reducing Poverty and Sharing Prosperity in India : Lessons from the Last Two Decades
The World Bank
23rd March, 2017 (Thursday) at 3:00 PM
Venue : Seminar Room (First Floor)
Department of Economics, Delhi School of Economics
All are cordially invited
India is uniquely placed to help reduce global poverty and boost prosperity. The country has the largest number of poor people in the world, as well as the largest number of people who have recently escaped poverty. There is an emerging middle class but the majority of people are still vulnerable to falling back into poverty. What lessons do the past two decades offer for what it will take for the country to sustain progress and bring about deeper changes? This talk brings together the key insights from research conducted by the World Bank on India’s experience in reducing poverty and sharing prosperity. The Synthesis paper on which this talk is based offers an overview of the trends in living standards and mobility in India. This is followed by a discussion of the main drivers of poverty reduction. The final section sheds light on some of the gaps India needs to fill for sustaining mobility and spreading prosperity more widely.