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LATEST NEWS UPDATES | 215 million Indians have zero assets -Prachi Salve

215 million Indians have zero assets -Prachi Salve

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published Published on Feb 16, 2015   modified Modified on Feb 16, 2015
-IndiaSpend.org

Of those with zero assets, nearly 80 million people -- the population of Germany -- or 16 million households are Adivasi

In a country where "inclusion" is the emerging political mantra, an estimated 215 million Indians - roughly the population of Canada and Pakistan combined - are largely excluded from economic progress.

These paupers, of sorts, have "zero assets", which means they do not own a television set, a motorcycle, a mobile phone, or any of seven items recognised by the government as being of economic value, official data reveal.

After the Aam Aadmi Party's sweep to power, riding on the support of Delhi's poorest, these huge numbers also provide an indication of the political space available for parties that focus on those excluded from economic growth.

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Business Standard, 16 February, 2015, http://www.business-standard.com/article/economy-policy/215-million-indians-have-zero-assets-115021600593_1.html


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