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India's Share of the World's Poor Jumps as World Poverty Drops Sharply!

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RiazHaq

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A billion people were lifted from abject poverty between 1980 and 2010. China accounts for nearly three quarters of these, or 680 million people brought out of misery, by reducing its extreme-poverty rate from 84% in 1980 to 10% now, according to a report in The Economist. The report adds that with "poorer governance in India and Africa, the next two targets, means that China’s experience is unlikely to be swiftly replicated there".


World+Share+of+Poverty.jpg

Source: Where Are the Poor and Where Are the Poorest?

As China's share of the world's extreme poor (living below $1.25 per day per person level) has dramatically declined, India's share has significantly increased. India now contributes 33% (up from 22 % in 1981). While the extreme poor in Sub-Saharan Africa represented only 11 percent of the world’s total in 1981, they now account for 34% of the world’s extreme poor, and China comes next contributing 13 percent (down from 43 percent in 1981), according to the World Bank report titled State of the Poor.

The share of poverty in South Asia region excluding India has slightly increased from 7% in 1981 to 9% now, according to the report.

The Economist offers a description of what extreme poverty means in the poor countries and how it compares with poverty in the developed world as follows: Nobody in the developed world comes remotely close to the poverty level that $1.25 a day represents. America’s poverty line is $63 a day for a family of four. In the richer parts of the emerging world $4 a day is the poverty barrier. But poverty’s scourge is fiercest below $1.25 (the average of the 15 poorest countries’ own poverty lines, measured in 2005 dollars and adjusted for differences in purchasing power): people below that level live lives that are poor, nasty, brutish and short. They lack not just education, health care, proper clothing and shelter—which most people in most of the world take for granted—but even enough food for physical and mental health. Raising people above that level of wretchedness is not a sufficient ambition for a prosperous planet, but it is a necessary one.



How poor is India? An Oxford study found last year that India has more poor than the poor population of all of sub-Saharan Africa. The latest World Bank data shows that India's poverty rate of 27.5%, based on India's current poverty line of $1.03 per person per day, is more than 10 percentage points higher than Pakistan's 17.2%. Assam (urban), Punjab and Himachal Pradesh are the only three Indian states with similar or lower poverty rates than Pakistan's.




Chinese success can at least partially be attributed to its communist party's heavy handed actions to suppress political chaos on the streets and sustain rapid economic growth since 1980s. Tienanmen Square in Beijing was the scene of the communist government crackdown by the units of the People's Liberation Army (PLA) against mass students protests in 1989, an action that was widely condemned by the western world and the United Nations. Since the death of Chairman Mao and passing of the leadership to late Deng Xiaoping in 1980s, the Chinese communist party has pursued liberalizing the nation's economy without political liberalization, in the same way other East Asians did earlier.

The Chinese strategy has allowed the nation to pursue rapid industrialization with accelerated economic growth over the last two decades, while forcefully controlling the chaos on the streets, to lift a record number people out of poverty.

Unlike China, India has failed to use a period of high economic growth to lift hundreds of millions of people out of poverty, falling far short of China’s record in protecting its population from the ravages of chronic hunger, a United Nations officials has said.

Haq's Musings: India's Share of World's Poorest Jumped From 22% to 33% in 30 Years!

 
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Basics Mr. Haq ... basics..

How India's share of World poor increased ? Its only because China significantly reduced its share. Does that mean India's Poor population is increasing ? Never... I would like to post the data you cleverly omitted.


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Basics Mr. Haq ... basics..

How India's share of World poor increased ? Its only because China significantly reduced its share. Does that mean India's Poor population is increasing ?[/IMG]

OP never claimed that India's poor population is increasing, only that its share of the world's poor has spiked (to 1/3).

It seems for roughly a decade now, even during the height of Indian economic growth, India's share of the world's poor has stayed static at 1/3. One has to wonder, with the slowing of economic growth, whether that figure will ever improve.
 
Actually the OP's article is right. The increase of India's share of world poverty, percentage wise, is due to the shrinkage of China's share. India poverty number actually decreases but due to more than 600 million in number taken out on China side, it makes the Indian number increases in percentage.
 
It will take another 15 year to completely eradicate poverty in our country, now almost every child go to school and no more than two child is a norm here in villages.
Source :
i myself live in a village which has only a handful of house made of concrete and bricks just a decade back but now there is no any ''Kaccha'' ghar in our village.
 
india has a share of poor people who dont pollute the earth like chinese former poor.
 
It will take another 15 year to completely eradicate poverty in our country, now almost every child go to school and no more than two child is a norm here in villages.
Source :
i myself live in a village which has only a handful of house made of concrete and bricks just a decade back but now there is no any ''Kaccha'' ghar in our village.



India's GDP composition, agriculture: 17%, industry: 18% and services: 65%.
China's GDP composition is agriculture: 9.7%, industry: 46.6% and services: 43.7%.
Philippine's GDP composition is agriculture: 12.4%, industry: 31.3% and services: 56.4%.
Indonesia's GDP composition is agriculture: 14.3%, industry: 46.9% and services: 38.8%.
In comparison, developed nation GDP compositions:
Japan's GDP composition is agriculture: 1.2%, industry: 27.5% and services: 71.4%
US' GDP composition is agriculture: 1.2%, industry: 19.1% and services: 79.7%
France's GDP composition is agriculture: 1.9%, industry: 18.3% and services: 79.8%

(credit: Tranquillium)


The problem lies on India's GDP composition is agriculture: 17%, industry: 18% and services: 65%. Service part of GDP doesn't employ that many people, industry segment does. The pays are lower but it employs large segment of the population.
 
OP never claimed that India's poor population is increasing, only that its share of the world's poor has spiked (to 1/3).

It seems for roughly a decade now, even during the height of Indian economic growth, India's share of the world's poor has stayed static at 1/3. One has to wonder, with the slowing of economic growth, whether that figure will ever improve.

This just proves Indian economic numbers are a bunch of fluff. For all their 'growth' you never see Indian people becoming better off. For example, Chinese tourists are now the biggest spenders in the world. We are now the biggest market for many multinational companies. You rarely ever hear that kind of thing.

Indian GDP is all made of fluff for regime survival.
 
Well I'm not ready to accuse India of doctored figures, until more evidence presents itself. But I do think that the Western media tried to hype a narrative about "China's rival, hot on its heels", when India's economic growth has been unremarkable for a developing country, no better than most SE Asian countries or Sub-Saharan Africa, and certainly nothing compared to China's.
 
Indians are so selfless, always sacrificing themselves for other people's interests.
Sonia Gandhi is grinning with her big Italian mouth right now.

India need a white person to affirm its growth. Its afraid of moving a inch unless the white master say it can. Was India's historical experience parallel that of African American's during slavery? Of course not. But if you compare African Americans vs Indians today, you most likely would guess that it was the Indians that were made into slaves.
 
Well I'm not ready to accuse India of doctored figures, until more evidence presents itself. But I do think that the Western media tried to hype a narrative about "China's rival, hot on its heels", when India's economic growth has been unremarkable for a developing country, no better than most SE Asian countries or Sub-Saharan Africa, and certainly nothing compared to China's.

The thing is the entire Indian economy was run on debt and deficits. That Ponzi scheme could run for a few years but once the debt and deficits reached dangerous levels, the currency started to feel the pressure and started its decline from early 40's to 56 now. Global investors saw this and got worried.

Now that India has been forced to reduce its deficits to stop its currency from declining, the growth has collapsed (I believe the real GDP growth is close to 0%). That's proof that without running large deficits, India has no 'growth'. That's why despite its rosy 'growth' figures, India is still one of the largest debtor countries while China is the largest creditor nation lending money to other countries.

India need a white person to affirm its growth. Its afraid of moving a inch unless the white master say it can. Was India's historical experience parallel that of African American's during slavery? Of course not. But if you compare African Americans vs Indians today, you most likely would guess that it was the Indians that were made into slaves.

Yup, Africans have more pride and honour freeing themselves from slavery. Can't say the same thing about Indians. Infact I would argue India can't get enough of it.
 
india has a share of poor people who dont pollute the earth like chinese former poor.

the grape is not sour, its sweet. You just need to get to it. But alas, you are not capable.

The thing is the entire Indian economy was run on debt and deficits. That Ponzi scheme could run for a few years but once the debt and deficits reached dangerous levels, the currency started to feel the pressure and started its decline from early 40's to 56 now. Global investors saw this and got worried.

Now that India has been forced to reduce its deficits to stop its currency from declining, the growth has collapsed (I believe the real GDP growth is close to 0%). That's proof that without running large deficits, India has no 'growth'. That's why despite its rosy 'growth' figures, India is still one of the largest debtor countries while China is the largest creditor nation lending money to other countries.



Yup, Africans have more pride and honour freeing themselves from slavery. Can't say the same thing about Indians. Infact I would argue India can't get enough of it.

I can't wait to see how Indians would respond to your post.
 
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