Empowerment Line

Poverty in India – 56 percent of Indians (680 million) lack the means to meet their basic needs finds McKinsey

A new benchmark called the Empowerment Line, developed by the McKinsey Global Institute, aims to create a new and more holistic policy framework for poverty reduction. It calculates the cost for an Indian household to attain the basics and then compares these benchmarks to actual consumption data to measure needs that are going unmet. The … Continue reading →