TODAY, India is considered around the world as a rapidly developing country posting economic growth rates of around 8-9 percent consistently over the last several years. Along with China, which is much further ahead, India is seen as a powerhouse of the global economy in the decades to come and already it is home to a very large number of dollar billionaires, perhaps the largest such number in Asia. In...
More »SEARCH RESULT
Half of India’s population lives below the poverty line by Arun Kumar
According to a new Oxford University study, 55 percent of India’s population of 1.1 billion, or 645 million people, are living in poverty. Using a newly-developed index, the study found that about one-third of the world’s poor live in India. The Multidimensional Poverty Index (MPI) has been developed by the Oxford Poverty and Human Development Initiative and the United Nations Development Program (UNDP) as a more precise and comprehensive means of...
More »Jharkhand, Bihar development like starving Congo, Kerala similar to Philippines by Rukmini Shrinivasan
It isn't too much of a stretch to say that India is made up of many nations. A comparison of state-level and country-level data from the newly released multi-dimensional poverty index shows that while Kerala and Goa are at a similar level of development as 'middle-income countries' like Indonesia, Jharkhand and Bihar are similar to 'least-developed countries' like the Democratic Republic of Congo. Earlier this month, the new MPI measure...
More »MPI, or Making Poverty Intricate by Bibek Debroy
2010 will mark 20 years of UNDP’s Human Development Reports (HDRs). Consequently, UNDP wants to do something new. There cannot be any dispute that HDRs have been phenomenally successful in focusing attention on human development aspects, and the MDGs (Millennium Development Goals) may not have evolved without HDRs. There have been regional and sub-regional HDRs too, such as state-level ones in India. Among several development-cum-deprivation measures used in HDRs, HDI (human...
More »Poverty more in India than sub-Saharan Africa by Jason Burke
Madhya Pradesh, Democratic Republic of Congo show near identical poverty level India ranks 63rd in the new poverty index, after Togo, before Haiti Quarter of the world lives on $1.25 a day or less: World Bank estimate New U.N. index builds up fuller picture of poor lives; Madhya Pradesh ‘comparable to Congo.' There are more poor people in eight states of India than in the 26 countries of sub-Saharan Africa, a study reveals...
More »