- The International Monetary Fund (IMF) has praised India’s efforts for food distribution during the COVID-19 pandemic.
- They said that the nation averted extreme poverty rise during this period by providing food security through the government initiative Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY).
- The IMF has also stated that India’s extreme poverty is less than 1 percent and this was also maintained in 2020.
- The research paper published by IMF presented the consumption and poverty estimates in India during the COVID-19 pandemic.
- The paper is titled ‘Pandemic, Poverty, and Inequality: Evidence from India.’
- The Pradhan Mantri Garib Kalyan Anna Yojana played a huge role in preventing the increase in extreme poverty levels across the nation.
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