IMF report lauds 'Anna Yojna' for averting extreme poverty during pandemic
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India has averted the rise in extreme poverty through the food security scheme, Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), according to the International Monetary Fund report. A new IMF paper found that extreme poverty (less than PPP $1.9 per person per day) in India is less than 1 percent in 2019 and it remained at that level even during the pandemic year 2020.