Monday, April 19, 2010

Pathetic Poverty

With tears I write, India's new official poverty estimates were just released by the government panel who worked on this. The poverty rate has gone up from 27.5% in 2004 to 37.2% and this puts almost 100 million more people below the UN estimated poverty line of $1.25 a day. So now, a total of 410 million Indians live in poverty. And the malnutrition rate in children in India still stands at a whopping 46% (in China it has come down to 7% after the start of economic reforms). Just to quote a line from the Reuters article - "A third of the world's poor are believed to be in India, living on less than $2 per day, worse than in many parts of sub-Saharan Africa, experts say." I have no strength to write anything beyond this at the moment other than to say a sarcastic "Thanks!" to the Indian elite political class.

Source: "Reuters" which published the numbers from the poverty estimate report.

http://news.yahoo.com/s/nm/20100420/india_nm/india478257

http://news.yahoo.com/s/nm/20100419/india_nm/india477918

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