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PaRCha - JNU - AISA material - 2013 ID-35301

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However, India's income per capita ranks at 149 in the world, and the country is home to the.

largest number of poor in the world. Using the most parsimonious definition of the poverty.

line, there are at least 300 million extreme poor in India (living on less than a dollar a day),.

and more than 500 million if a broader definition of the poverty line is used. Malnutrition in.

the state of Gujarat, one of the richest states, is worse than the average level of malnutrition.

in sub-Saharan Africa. In 2010 the UN recorded one maternal death at childbirth every ten.

minutes in India, with a maternal mortality rate higher than that of Sudan, Ethiopia and.

Bangladesh. Infant mortality in the state of Madhya Pradesh, one of the poorest states, is.

higher than in Senegal or Eritrea. Individual income inequality measured by the Gini index.

has also consistently risen, at 39.9 per cent in 2011..

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Billionaires VS Poverty in India.

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Indian economy is growing steadily with the annual growth.

rate of more than 8%.India is one among few other countries.

which overcame the global economic recession more faster.

without more difficulty. The economy of India is the eleventh.

largest economy in the world by nominal GDP and the fourth.

largest by purchasing power parity (PPP).India ranks 4th in.

the country wise in dollar billionaire list with 49 billionaire's..

India has the most number of billionaires after the US, China,.

Russia and Germany. India's 49 billionaires have a combined.

wealth of $222.1 billion --about 17% of India's GDP. Two of.

the top 10 billionaires are from India. More ever India is.

proud to have approximately about 1, 00,000 millionaires..

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Despite of rapid economic growth the other side of indicators.

about Indian economy is not pleasing. In contrast to India's.

steady growth rate indicators suggests that 41.6 percent of.

population in India is living in below poverty line. One.

quarter of nation's population earns less than 20 rupees per.

day. According to the World Bank report by 2015 as.

estimated 53 million people will live under extreme poverty.

and 23.6% of population will still live under the income dollar.

1.25 per day. This number is expected to reduce to 20.3%.

people by 2020. A study by the Oxford Poverty and Human.

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Uploaded on August 22, 2015