jaipalsingh
INDIA POVERTY
Indian below poverty line people residing slums fetching tab water for the drinking purpose as the locality gets water once in fortnight, in the Northern Indian city of Jammu, the winter capital of Kashmir on 25 June 2008. In a sign of growing entrepreneurship and an expanding corporate sector, India created millionaires at the fastest pace in the world in 2007, according to a new report.India added 23,000 millionaires in dollar terms last year to its 2006 total of 100,000, according to an annual Merrill Lynch Capgemini report that compiles such financial data for its wealth and asset management purposes.However, 220 million people in India are still waiting to be lifted out of poverty, although the proportion of population below poverty line has declined considerably from 44 percent in 1983 to 22 percent in 2005.
INDIA POVERTY
Indian below poverty line people residing slums fetching tab water for the drinking purpose as the locality gets water once in fortnight, in the Northern Indian city of Jammu, the winter capital of Kashmir on 25 June 2008. In a sign of growing entrepreneurship and an expanding corporate sector, India created millionaires at the fastest pace in the world in 2007, according to a new report.India added 23,000 millionaires in dollar terms last year to its 2006 total of 100,000, according to an annual Merrill Lynch Capgemini report that compiles such financial data for its wealth and asset management purposes.However, 220 million people in India are still waiting to be lifted out of poverty, although the proportion of population below poverty line has declined considerably from 44 percent in 1983 to 22 percent in 2005.