“India eliminates extreme poverty”, Brookings, March 1, 2024:
“India has just released its official consumption expenditure data for 2022-23, providing the first official survey-based poverty estimates for India in over ten years. The previous official survey was conducted from 2011-12, and the absence of up-to-date data for India has added considerable uncertainty to global poverty headcount ratios.
Before presenting the results, a quick methodological note is in order. India has two different methods for estimating consumption expenditures: the Uniform Recall Period (URP) and the more accurate Modified Mixed Recall Period (MMRP). The URP method asks households questions on their consumption expenditures over a uniform recall period of 30 days.
The MMRP asks household consumer expenditure on perishables (for example, fruits, vegetables, eggs) for the last 7 days, durable goods for the last 365 days, and expenditure on all other items for the last 30 days. India officially shifted to the MMRP, the standard in other countries, beginning with the 2022-23 survey, though it previously experimented with both methods…..”
Read the full article at Brookings.edu