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Atleast we dont have frequent terror attacks in schools,hospitals etc
I'm saying that when you combine the TOTAL Populations of Pakistan, Bangladesh, and Afghanistan (all citizens of these countries rich, middle class, and poor) its even less than the number of Indians living below the poverty line.
Pakistan - Total population 170 million
Bangladesh - Total population 163 million
Afghanistan - Total population 29 million
Total: 362 million
Population of Indians living below the poverty line: 410 million
And still so many indians believe they will become superpower
I dont think 75% of indian population make only 410 million?
More than 75% Indians live below poverty line - To hide facts Indian government has arbitarily fixed poverty line at Rs 10 per dayOVERTY LINE definition, as per Government of India, see below for explanation, at Rs. 10 per day, per person, approx.
This is the reason the data is skewed. $1.25 per day in India can provide a lot more than in other countries. Purchasing power parity or PPP hasn't been factored in while releasing these statistics.
As I an econmist by myself I want to highlight some facts...9and I have copied some statements from wiki for ref)
1.The World Bank estimates that 456 million Indians (42% of the total Indian population) now live under the global poverty line of $1.25 per day (PPP). This means that a third of the global poor now reside in India. However, this also represents a significant decline in poverty from the 60 percent level in 1981 to 42 percent in 2005, although the rupee has decreased in value since then, while the official standard of 538/356 rupees per month has remained the same.
2.This is Indian statistical data which is more accurate as it considers local cost of living ,government subsidies and inflation.
3.$1.25 per day may make a person poor in US or EU but in India its about Rs.70 per day now if there is a family of 5 that makes Rs.350($6.25/day) and this make about Rs. 10,500/month which by our cost of living and including various government schemes like free health,low cost food and various other schemes like if a girl child is born you get a Rs. 20,000 F.D. and in case a boy child you get Rs.1000 F.D. for 20 yrs and free education this amount is quite handsome and India stats are hence better.
4.Present stats indicate that Indian poverty hovers around 20% quite near to that of US(which uses its criteria for poverty).......and the so called increase mentioned in the articles is just the writer switching off from Indian stats in 2004 to WB stats of now!pitty
Ohh there we go, now we can see whats really bugging a lot of people. They cant swallow the fact that India is rising and need to find petty statistics to somehow prove that India is still a failure. Well continue to live in your dream world and we shall see where we all are after 10 years. Time shall tell who becomes a superpower and who withers away into history.