Economics · Poverty and Growth
Which of the following factors most weakens the direct relationship between high GDP growth and rapid poverty reduction in India?
- 1Expansion of Direct Benefit Transfer (DBT) coverage
- 2Increase in rural consumption expenditure
- 3Growth concentrated in capital-intensive and skill-biased sectors✓
- 4Decline in public expenditure on food subsidies
Correct answer
Growth concentrated in capital-intensive and skill-biased sectors
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