India’s record of reducing poverty pales in comparison to China, Brazil and Mexico. It needs to build social infrastructure capable of providing quality education, health, and nutrition to buck the trend.
Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Rajasthan and Uttar Pradesh continue to lag behind the rest of the country in income and growth. Despite the success of these states on a few important fronts, where you live still determines how well you live.
The recently-released India Rural Development Report, which is endorsed by the government, says 7% of the rural population is ‘very poor’; villages in eastern Indian states are the worst affected.
Under the URP, used in the National Sample Surveys since the 1950s, data is collected on the “30-day recall for consumption of both food and nonfood items to measure expenditures”.
India had the highest number of under-five deaths in the world in 2012.
Human capital inequality is what India needs to be most concerned about right now.
A 2013 UN report stated that a third of the world’s poorest people live in India.
Criterion taken as poverty line benchmark in urban centres is laughable: Vijay Goel
‘Persons spending over Rs 33.33 a day in cities and Rs 27.20 in villages are not poor.’
Economists say decline would have been less than three times if last two years were counted.
From 40 crore people in 2004-05,below poverty line numbers have dropped in actual terms to 26.93 crore in 2011-12,says govt.
Jim Yong Kim,believes that this massive effort by the India would help in poverty eradication by 2030.
World Bank report says 1.2 billion people are still living in extreme poverty across the world.
CEO of world’s largest steel-maker L N Mittal has slammed the Indian govt for policy inaction.
Survey also points out that 10% of population at the lowest rung in rural areas live on Rs 15 a day.