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India likely to halve poverty rate by 2015: U.N. report

Arjun MBT

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NEW DELHI: India is expected to reduce its poverty rate from 51 per cent in 1990 to 24 per cent in 2015, slashing the number of extremely poor by 188 million. But progress in the rest of South Asia is not sufficient to halve the level of poverty by that target date, according to a United Nations report on the Millennium Development Goals for 2010.

The sharpest reductions worldwide continue to be recorded in East and South-East Asia, where the MDG target to halve extreme poverty has already been met, while most of South Asia is in danger of missing it.

The percentage of people living on less than $1.25 a day in East Asia dropped from 60 in 1990 to just 16 in 2005, and from 39 to 19 in South-East Asia. The rate of poverty in China is expected to fall to around five per cent by 2015.

The report suggests that while the economic crisis took a heavy toll of jobs and incomes around the world, its impact does not threaten to derail the MDG target of cutting extreme poverty by 50 per cent.

But it also indicates that progress against hunger has been impacted more severely by economic troubles. The ability of the poor to feed their families was hit by skyrocketing prices in 2008, and falling incomes in 2009.

In East Asia, after a striking drop in the prevalence of hunger in the 1990s, the rate of malnourishment stalled at 10 per cent between 2000 and 2007. South-East Asia, already close to the target of cutting the hunger rate by half against the 1990 levels, made additional progress but it was not as rapid as its rate of poverty reduction. In South Asia, the prevalence of hunger actually increased from 20 to 21 per cent between 2000-2002 and 2005-2007. Releasing the report, Brinda Karat, MP, expressed the hope that the Centre would look at the report with the seriousness it deserved. “Though the report is optimistic of meeting the MDGs, it cannot be achieved unless accompanied by a reversal of the current policies.”

Food security was crucial for achieving the goals, she said calling for urgently putting into effect legislation on food security.

Official statistics on the number of the poor in the country seemed incorrect, as all other indicators were showing a negative trend, she said.
:yahoo::yahoo::yahoo::yahoo::yahoo::yahoo::yahoo:
 
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Good progress, but i feel we have to do more. Despite good economic growth, India's income distribution is very uneven. Some of our poor are not just poor, but destitute and homeless. A lot of work will be needed to lift them out of poverty.

And our inflation rate doesnt help. Govt has to bring it under control. The poor cannot afford the soaring prices in India. When i went in December i was astonished at the prices.
 
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NEW DELHI: India is expected to reduce its poverty rate from 51 per cent in 1990 to 24 per cent in 2015, slashing the number of extremely poor by 188 million. But progress in the rest of South Asia is not sufficient to halve the level of poverty by that target date, according to a United Nations report on the Millennium Development Goals for 2010.

The sharpest reductions worldwide continue to be recorded in East and South-East Asia, where the MDG target to halve extreme poverty has already been met, while most of South Asia is in danger of missing it.

The percentage of people living on less than $1.25 a day in East Asia dropped from 60 in 1990 to just 16 in 2005, and from 39 to 19 in South-East Asia. The rate of poverty in China is expected to fall to around five per cent by 2015.

The report suggests that while the economic crisis took a heavy toll of jobs and incomes around the world, its impact does not threaten to derail the MDG target of cutting extreme poverty by 50 per cent.

But it also indicates that progress against hunger has been impacted more severely by economic troubles. The ability of the poor to feed their families was hit by skyrocketing prices in 2008, and falling incomes in 2009.

In East Asia, after a striking drop in the prevalence of hunger in the 1990s, the rate of malnourishment stalled at 10 per cent between 2000 and 2007. South-East Asia, already close to the target of cutting the hunger rate by half against the 1990 levels, made additional progress but it was not as rapid as its rate of poverty reduction. In South Asia, the prevalence of hunger actually increased from 20 to 21 per cent between 2000-2002 and 2005-2007. Releasing the report, Brinda Karat, MP, expressed the hope that the Centre would look at the report with the seriousness it deserved. “Though the report is optimistic of meeting the MDGs, it cannot be achieved unless accompanied by a reversal of the current policies.”

Food security was crucial for achieving the goals, she said calling for urgently putting into effect legislation on food security.

Official statistics on the number of the poor in the country seemed incorrect, as all other indicators were showing a negative trend, she said.
:yahoo::yahoo::yahoo::yahoo::yahoo::yahoo::yahoo:

Its bogus. U havent heard about the welfare program by GoI. Its just a show-off.

Here it is, see wt they r doing.

India's Welfare Gamble: Add 100 Million to the Rolls - WSJ.com

P.S. Its a paid subscription. Try to find it on alternate source.
 
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Good work, but still a lot needs to be done. the current state is still very pathetic. People those are above poverty line still lead a very sad state of living.
The biggest problem is not the lack of schemes for upliftment of poor but inefficient execution of those schemes and of course corruption.
 
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All i want is from Indian government to think of a solution to it's grwing population.

If population problem is solved, than Nobody can Stop India from becoming greatest power!!


BTW, Are there any plans from Indian government for it's increasing population??
 
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thats a good news,and if this is achievable,we can also achieve a 10% poverty figure by 2020
 
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^ Its good.. but one problem.. If this really happens, we will need to find something else for Mr Haq to write about.. ;)

Joke tha ji..
 
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