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As per the Economic Survey 2020-21, consider the following statements:
  1. Poverty concentration in urban areas of India has increased after post-liberalization in 1991 as compared to the 1950's.
  2. In the post-liberalisation period urban growth and non-agricultural growth has emerged as a major factor in poverty reduction including rural poverty.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
As per the Economic Survey 2020-21, consider the following statements:...
Poverty Reduction and Development
  • The World Bank (2000) has found that India could have achieved a sustained decline in poverty during the 1970s-1990s only when the GDP growth picked up from 3.5 per cent in the initial years.
  • Evidence from 80 countries demonstrated that in medium to long run, growth in average incomes contributed to 66-90 percent of the variations in changes in poverty.
  • Many researchers have found that growth reduced poverty, and the association has acquired more strength after the 1991 reforms. The pattern of growth has changed significantly after 1991. Poverty is concentrating more and more in urban areas, as now one-in-three poor people are living in urban areas, which was about one-in-eight in the early 1950s. Hence, statement 1 is correct.
  • In the post-liberalisation period urban growth and non-agricultural growth has emerged as a major driver of national poverty reduction including rural poverty. Hence, statement 2 is correct.
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As per the Economic Survey 2020-21, consider the following statements: Poverty concentration in urban areas of India has increased after post-liberalization in 1991 as compared to the 1950s. In the post-liberalisation period urban growth and non-agricultural growth has emerged as a major factor in poverty reduction including rural poverty.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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As per the Economic Survey 2020-21, consider the following statements: Poverty concentration in urban areas of India has increased after post-liberalization in 1991 as compared to the 1950s. In the post-liberalisation period urban growth and non-agricultural growth has emerged as a major factor in poverty reduction including rural poverty.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about As per the Economic Survey 2020-21, consider the following statements: Poverty concentration in urban areas of India has increased after post-liberalization in 1991 as compared to the 1950s. In the post-liberalisation period urban growth and non-agricultural growth has emerged as a major factor in poverty reduction including rural poverty.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for As per the Economic Survey 2020-21, consider the following statements: Poverty concentration in urban areas of India has increased after post-liberalization in 1991 as compared to the 1950s. In the post-liberalisation period urban growth and non-agricultural growth has emerged as a major factor in poverty reduction including rural poverty.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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