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A New Way to Measure Poverty in India

Was not "inclusive growth" UPA mantra for the last decade? Is the McKinsey report suggesting more of the same "inclusive growth" for India. It is time people stopped taking seriously anything said by these charlatans.
 
3744 per month = 124.8/day =345 rupees(PPP)/day = 5.554$ (PPP)/day..... ???????????????
$2 per day= 78*2 = 156 BDT*30 = 4680BDT per month/ 1.25= 3744 inr per month or $2 per day= 62.12*2=124.24 inr *30=3727 inr per month
 
$2 per day= 78*2 = 156 BDT*30 = 4680BDT per month/ 1.25= 3744 inr per month or $2 per day= 62.12*2=124.24 inr *30=3727 inr per month

Dear... $2 per day = 5.5 $ (PPP)/day... Why you not converting to PPP???
 
$2 referred PPP

According to world bank,,,, PPP equilent to $2/day = 2*(77.73/2.717) = 57.217 BDT/day ( PPP equ to $2)= 1716 BDT/month...
$1.25/day(PPP) = 35.76BDT in PPP= 1072BDT/ month=1072*0.80 =860 INR~~ 870 INR(official Indian)...
Okkk.....
 
According to world bank,,,, PPP equilent to $2/day = 2*(77.73/2.717) = 57.217 BDT/day ( PPP equ to $2)= 1716 BDT/month...
$1.25/day(PPP) = 35.76BDT in PPP= 1072BDT/ month=1072*0.80 =860 INR~~ 870 INR(official Indian)...
Okkk.....
what is that 2.717 ? o_O
 
Compare your GDP(nominal) and GDP (PPP) for a particular year..... OR.... world bank site....
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that $2 refers PPP and nominal and ppp difference has no connection with it
 
4fvgdaq_th.gif
that $2 refers PPP and nominal and ppp difference has no connection with it

ha ha.. Then things are ok..

2$= 2*62= 124 rupees..
One month= 124*30 =3720 rupees..
Family of 5 members= 5*3720 = 18600 rupees..

In my country this family belongs to middle class..
 
Here it is 2rs for rice for below proverty line bpl ration card holders and education is free include book,uniform in some state and you can travel 300 km for just 80 rs
in kerala (where iam from a south indian state) you can get 650 rs for daily works without education (i heard lot of bd people are working as bangalis)
I dont say subsidery items are A grade but useable quality so the rate is not tooooo bad
you asked me just rice price and tk 45 per kg rice is very good quality, well we have free education system as well as food for education system. i do not know much about labor market so can not say anything
 

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