A total of 2.45 crore vulnerable non-poor people or 14.7 per cent of the country’s total population have slipped into poverty due to the fallout of the Covid-19 outbreak, according to a survey report. Extreme poverty rate has increased, savings have dwindled while debt has almost doubled across all groups, said the survey titled ‘poverty dynamics and household realities’. The Power and Participation Research Centre and the BRAC Institute of Governance and Development jointly conducted a three-phase rapid telephonic survey between April 2020 and March 2021.
A total of 2.45 crore vulnerable non-poor people or 14.7 per cent of the country’s total population have slipped into poverty due to the fallout of the Covid-19 outbreak, according to a survey report. Extreme poverty rate has increased, savings have dwindled while debt has almost doubled across all groups, said the survey titled ‘poverty dynamics and household realities’. The Power and Participation Research Centre and the BRAC Institute of Governance and Development jointly conducted a three-phase rapid telephonic survey between April 2020 and March 2021.