Preview

Essays

Powerful Essays
Open Document
Open Document
2230 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Essays
1. In India 828 million people, or 75.6% of the population, live on less than $2 a day, compared to 72.2% in Sub-Saharan Africa.[
The World Bank further estimates that fully one third (33%) of the world's poor reside in India.
According to the latest (as of December 2008) World Bank estimates on poverty, based on 2005 data, 256 million Indians, or 41.6% of the country's population, survive below the updated international poverty line of $1.25 (PPP) per day
2. Although Indian economy has grown steadily over the last two decades, its growth has been uneven when comparing different social groups, economic groups, geographic regions, and rural and urban areas.[7]Wealth distribution in India is fairly uneven, with the top 10% of income groups earning 33% of the income
3. Although it is difficult to count the total number of prostitutes, or sex workers, latest estimates show that there are some three million in the country, an overwhelming majority in the 15-35 year group. Among these are growing migration and poverty, political instability, erosion of traditional values, desire to earn easy money, globalization and declining job opportunities for uneducated and unskilled youths. Prostitution growing in India, says survey-India-The Times of India
4. it was thought that around 5 million people were living with HIV in India - more than in any other country.
5. The rapid decline in inflation reinforces the impression that the Indian economy is slowing sharply after the economic boom in recent years. Some economists are predicting that the growth rate will be cut in half in 2009.
Interest rates are also expected to be cut further to stimulate growth. BBC NEWS | World | South Asia
6. With a population of well over 1 billion people, India is the second most populous nation in the world. According to UN-HABITAT, India is home to 63% of all slum dwellers in South Asia. This amounts to 170 million people, 17% of the world’s slum dwellers. As India continues to

You May Also Find These Documents Helpful

  • Powerful Essays

    Mcc11447 Ch39W 001 020

    • 13652 Words
    • 69 Pages

    a day. And about 1.4 billion live on less than $1.25 a day. Hunger, squalor, and disease are the norm in…

    • 13652 Words
    • 69 Pages
    Powerful Essays
  • Good Essays

    Haiti Earthquake

    • 763 Words
    • 4 Pages

    According to the World Bank, more than 6 million out of Haiti's population of 10.4 million live under the national poverty line of $2.44 per day. Over 2.5 million Haitians live under the national extreme poverty line of 1.24 dollar per day. This makes it impossible for them to obtain loans on their own for housing.…

    • 763 Words
    • 4 Pages
    Good Essays
  • Good Essays

    bagb

    • 509 Words
    • 2 Pages

    Currently, absolute poverty refers to earning below the international poverty line ($1.25/day). In 2005, ninety-six percent of people reside in Sub-Saharan Africa, east and south Asia, and the pacific; and nearly half of which were in China and India alone. In 2012, the USDA estimated that 14.5% (or 17.6 million) of US households were food insecure—meaning that they had difficulty at some time during the year providing enough food for all their members due to a lack of resources.…

    • 509 Words
    • 2 Pages
    Good Essays
  • Best Essays

    India is a massive nation with immense resources. An interesting fact highlighted by Ejaz Ghani is that “if income in India was distributed completely equally, the entire nation would still be living on less than half the UK poverty line. (The UK poverty line is a relative line: you’re poor in the UK when your income after tax is below 60% of the national median)”. [Statistics on poverty in India] The government of India practices a rather different method for calculating the poverty rate. They believe that a person consumes food nutrition which varies from 2000-2500 calories per day to sustain their body. So, an individual who is not earning…

    • 1902 Words
    • 6 Pages
    Best Essays
  • Good Essays

    Realism In Global Poverty

    • 1065 Words
    • 5 Pages

    According to the World Bank (2015b), from the most recent estimates in 2012, 12.7% of the world's population (896 million people) lived at or below $1.90 a day. It was a decrease from 1990 which was at 37% (1.95 billion) and in 1981, at 44% (1.99 billion). Among regions, East Asia had the most decline in poverty from 80% in 1981 to 7.2% in 2012. In Sub-Saharan Africa, it stood at 42.6% in 2012 (World Bank, 2015b). East Asia and Pacific, South Asia, and Sub-Saharan Africa have for the last few decades accounted for about 95% of global poverty. In 1990, East Asia had about half of the world poor, but this was dramatically reversed as Sub-Sahara now holds half of the world's…

    • 1065 Words
    • 5 Pages
    Good Essays
  • Better Essays

    INDIA - BELOW POVERTY LINE

    • 1168 Words
    • 4 Pages

    Internationally, an income of less than $1.25 per day per head of purchasing power parity is defined as extreme poverty. By this estimate, about 21.92% percent of Indians are extremely poor. Income-based poverty lines consider the bare minimum income to provide basic food requirements; it does not account for other essentials such as health care and education. INDIA WAS A COUNTRY KNOWN TO ALL AS ONE OF THE MOST RICHEST COUNTRIES AGES AGO.BUT THE BRITISHERS RUINED INDIA. AND NOW AFTER THROWING THE BRITISHERS FROM INDIA THE POLITICIANS ARE UP TO LOOTING US. INDIA IS KNOWN AS THE MOST CORRUPT COUNTRY.THERE IS WRONG DISTRIBUTION OF WEALTH.SOME PEOPLE DO NOT HAVE ANYTHING AND SOME ENJOY LIFE WITH EVERYTHING.BUT NOW WE DO HOPE THE NARENDRA MODI LED GOVERNMENT SHAL RESTORE OUR PRIZED HERITAGE. AFTER ALL "ALL THE WORLD IS A STAGE AND ALL MEN AND WOMEN ARE MERELY PLAYERS. "Criteria are different for rural and urban areas. In its Tenth Five-Year Plan, the degree of deprivation is measured with the help of parameters with scores given from 0–4, with 13 parameters. Families with 17 marks or less (formerly 15 marks or less) out of a maximum 52 marks have been classified as BPL.Poverty line solely depends on the per capita income in India rather than level of prices.The poverty line was originally fixed in terms of income/food requirements in 1978. It was stipulated that the calorie standard for a typical individual in rural areas was 2400 calorie and was 2100 calorie in urban areas.…

    • 1168 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    guts

    • 364 Words
    • 2 Pages

    Other widely used measures of economic inequality are the percentage of people living with under US$2 a day (at 2005 international prices) and the share of national income held by the wealthiest 10% of the population.…

    • 364 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Post independence, Indian economy has seen many transitions till now. Form 50’s till 1991, it has followed the principles of Nationalization based on the Socialist principles which it followed from then prospering Soviet Union. But, during the crisis of 1991, when the country was on the brink of going bankrupt, economic reforms were introduced in the form of Liberalization, Privatization and Globalization and Indian economy went on from being a closed and planned economy to more of a market driven and mixed economy. Since then, the Indian economy has reached new heights. It is now, the tenth largest economy in the world and if adjusted to purchasing power parity, is the fourth largest. The growth rate of our economy is also third fastest in the world next only to China and Indonesia. But, although showing such high growth, has our country developed at such a pace? The answer to this question is a disheartening “No”. India, still, is very behind in the Human development Index (119, according to 2010 reports) and the economic growth has increased the unequal distribution of wealth in the country. So, the question arises, what went wrong? The primary reason for this can be attributed to corruption. Lets first look at the period when India was a planned economy and followed the principles of Nationalization. All the industries were state controlled and there was a system of “License Raj” during that period. Due to corruption, the industries were operating under losses and the quality of the products was also depreciating due to ignorance of the governing authorities. Adding to that, the vulnerability of foreign enterprises and private companies to venture into the market due to License Raj and corruption were also restricting the investment in the economy. This led to the crisis situation in the late…

    • 502 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The GDP growth has slowed down over the past half year with Q4 FY2012 and Q1 FY2013 reported to be 5.3% and 5.5% respectively which is lowest in 9 years. The GDP growth for the fiscal 2011/12 stood at 6.8% which is far cry from the GDP growth of 8% India had been experiencing over the most part of past decade. This indicates a general slowdown of Indian economy.…

    • 3732 Words
    • 15 Pages
    Good Essays
  • Satisfactory Essays

    India is now at a stage where we will see slow growth and high inflation for some time—GDP growth has slowed to a 9-year low of 5.3% in January-March 2012, with WPI inflation staying sticky near 7.5% in May and CPI inflation in double digits. Ideally, it should have been the reverse: GDP growth should have been 7.5% plus and inflation near 5%. Clearly, the growth-inflation dynamics have reversed.…

    • 612 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Bb0029/Bba 6th Sem/ Smu

    • 2852 Words
    • 12 Pages

    Rise in Per Capita Income: As compared to the growth of net national product, a rise in per capita income is considered to be a better index growth. In 1950-51 India's per capita income at 1993-94 Rs. 3,687. Since then in a period of five decades it rose to 10254 in-2000-01. The Planning Commission had hoped that the country’s per capita income would be doubled in 20 years time. But twenty years from 1950-51, there was only 35.7 per cent increase in capita income. Thus the per capita income has been showing upward trend despite inadequate and erratic economic growth.…

    • 2852 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    The rate of inflation, which is falling faster than what was expected even a few months ago, has prompted Barclays India to raise the quantum of RBI's rate cut to 75 basis points (100 basis points = 1 percentage point) in 2013, from just 25 bps earlier. However, the economists and researchers at Barclays have also cut its economic growth target for fiscal 2014 by 20 bps to 6%, a recent report from the financial major revealed. Worse, there could further slide in the growth rate, it warned. "Recent macroeconomic data have reinforced our expectation of monetary easing by the RBI," the report said. "We are also cutting our average headline inflation forecast to 5.3% for FY14.…

    • 966 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Though India boasts of a high economic growth, it is shameful that there is still large scale poverty in India. Poverty in India can be defined as a situation when a certain section of people are unable to fulfill their basic needs. India has the world's largest number of poor people living in a single country. Out of its total population of more than 1 billion, 350 to 400 million people are living below the poverty line. Nearly 75% of the poor people are in rural areas, most of them are daily wagers, landless laborers and self employed house holders. There are a number of reasons for poverty in India.…

    • 2741 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    At this point in time, India has a population of about 1.27 billion people, and it supports upto 17% of the entire world's population.…

    • 459 Words
    • 2 Pages
    Good Essays

Related Topics