782 million Indians Will be Living On Under $2 a Day by 2015
Lalit K Jha/ Washington | Apr 23, 2010
A whopping 782 million Indians will be living on less than two dollars (Rs 100) a day by 2015, a joint report by the World Bank and International Monetary Fund said here today.
The report titled 'Global monitoring report 2010: The MDGs after the crisis, however said the number of poor Indians living on less than two dollars would moderately decline to 686 million by 2020. But the report adds that by the turn of the next decade as many as 268 million Indians would be living on less than 1.25 dollars a day, while in 2015 the figure would be 295 million.
These figures, however, are almost double the revised number of the poor in the country which is pegged at around 400 million.
The report says China reduced its poverty rate from 60 per cent to 16 per cent, as the absolute number of extremely poor fell from 683 million to 208 million between 1990 and 2005.
On the other hand, "India reduced the share of its population living in poverty from 51 per cent to 42 per cent, but because of population growth, the number of poor people actually rose from 436 million to 456 million (between 1990 and 2005)," it said.
782 mn Indians Will be Living On Under $2 a Day by '15
One can define poverty as lack of marketable skills. There are so many jobs that require very low skills. But you still do not get people to do them. Even the beggars seem to make a cool return on their skills of 'acting'. Where have you seen really poor people? North India perhaps has more of the exploited than the South. But I think, as the Maoist/ Naxal movement shows, they are rising against poverty. One wonders if Maoists are fighting against poverty or for power. One expects the recent polarization of the world to be against exploitation. One perceives India will see a lot of blood shed in coming years. One wishes it is untrue or otherwise?
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