Abstract
India’s economic growth story of the past two decades has a recurrent theme, of accentuating insecurities for millions. Yet, there is a deep divide over how to distribute the fruits of its economic growth. How best to plough back the gains to achieve equality and social protection for everyone? Despite India’s status as a middle-income country, close to 350 million people live in absolute poverty. According to an affidavit presented to the Supreme Court in 2011, an estimated 30 percent of the people are poor. This calculation was based on the Tendulkar Committee Report; a government body tasked with the definition of an adequate poverty line for India. A great deal of debate followed thereafter, on this definition; screening the more critical questions. How do these 350 million people survive on INR 32 per person per day in urban areas and INR 26 per person per day in rural areas? how do they find resources in times of illness, old age, disability and death? And how can they protect themselves from slipping into deeper poverty?
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