MZUBAIR
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To be very honest, I feel India is improving gradually.......from followung estimated paper poverty in India decreased from 60% in 1981 to 42% in 2005,
Where the money value and economy also increased till 2005....after 24 years poverty reduced to 18%....Which is 0.7% per year
Now in 2010 (after 5 years), If we take the same ratio (even if we ignore the Indian economy growth rate which really also improved alot).....0.7*5 years=3.5%
42-3.5=38.5% lives under the PPP in 2010 (Simple Judgging).........
Looks more then 60% hav a stable life........dont forget they r handling 1 billion.
I guess its coz of their good leaders who think abt the people.....They dont hav blood suckers Mr10% or Mushi like we .. :'(
India's defence capability is also improving
Reference:-Source
Where the money value and economy also increased till 2005....after 24 years poverty reduced to 18%....Which is 0.7% per year
Now in 2010 (after 5 years), If we take the same ratio (even if we ignore the Indian economy growth rate which really also improved alot).....0.7*5 years=3.5%
42-3.5=38.5% lives under the PPP in 2010 (Simple Judgging).........
Looks more then 60% hav a stable life........dont forget they r handling 1 billion.
I guess its coz of their good leaders who think abt the people.....They dont hav blood suckers Mr10% or Mushi like we .. :'(
India's defence capability is also improving
India Estimates: Similarly, estimates for India also indicate a continuing decline in poverty. The revised estimates suggest that the percentage of people living below $1.25 a day in 2005 (which, based on India’s PPP rate, works out to Rs 21.6 a day in urban areas and Rs 14.3 in rural areas in 2005 ) decreased from 60% in 1981 to 42% in 2005. Even at a dollar a day ( Rs 17.2 in urban areas and Rs 11.4 in rural areas in 2005 ) poverty declined from 42% to 24% over the same period.
Both the dollar a day and $1.25 measures indicate that India has made steady progress against poverty since the 1980s, with the poverty rate declining at a little under one percentage point per year. This means that the number of very poor people who lived below a dollar a day in 2005 has come down from 296 million in 1981 to 267 million in 2005.
However, the number of poor people living under $1.25 a day has increased from 421 million in 1981 to 456 million in 2005. This indicates that there are a large number of people living just above this line of deprivation (a dollar a day) and their numbers are not falling.
To achieve a higher rate of poverty reduction, India will need to address the inequalities in opportunities that impede poor people from participating in the growth process.
Reference:-Source