In this context, let’s examine the impact of economic reforms on poverty and inequality. The second conclusion is that in the post-reform period, poverty declined faster in the 2000s than in the 1990s. Many reckon that poor governance is the biggest constraint in achieving the aspirations of a new generation and reduction in poverty and inequality. Finally, economic reforms should focus more on efficient delivery systems of public services. The official estimates based on Tendulkar committee’s poverty lines shows that poverty declined only 0.74 percentage points per annum during 1993-94 to 2004-05.

Source: Mint July 25, 2016 18:33 UTC