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[8] [9] 41.6% of its population (540 million people approx.) is living below the new international poverty line of $1.25 (PPP) per day, down from 59.8% in 1981. [8] India, in 2019 has about 2.7% [1] population under poverty level and is no longer holding the largest population under poverty level, considering Nigeria and Congo. [2]
Eight subjects in all; this is the Attainment 8 figure. Subtract (The Attainment 8 - KS2 attainment) giving the difference. Divide by 10. That is the result. A positive shows progress and a negative shows falling back. [5] [1] From 2019, all GCSE results are given on a 1-9 scale (conversions applied prior to this).
Dandekar and Rath, on the behalf of then Indian government, estimated that the poverty rate in 1960s remained generally constant at 41%. Ojha, in contrast, estimated that there were 190 million people (44%) in India below official poverty limit in 1961, and that this below-poverty line number increased to 289 million people (70%) in 1967.
poverty line 1.90 (PPP $ day) 6 84m [7] lower middle-income line 3.20 (PPP $ day) 26.2 365m [7] upper middle-income line 5.50 (PPP $ day) 60.1 838m [7] Asian Development Bank (2014) poverty line $ 1.51 per person per day [8] Tendulkar Expert Group (2009) urban poverty line Rs 32 per person per day consumption [9] rural poverty line
But a rise in national GDP is not indicative of income equality in the country. The growing income inequality in India has negatively impacted poor citizens' access to education and healthcare. Rising income inequality makes it difficult for the poor to climb up the economic ladder and increases their risk of being victims to poverty trap. [23]
The Five-Year Plans of India were a series of national development programmes implemented by the Government of India from 1951 to 2017. [1] Inspired by the Soviet model, these plans aimed to promote balanced economic growth, reduce poverty and modernise key sectors such as agriculture, industry, infrastructure and education. [2]
Global share of wealth by wealth group, Credit Suisse, 2021 Share of income of the top 1% for selected developed countries, 1975 to 2015. Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is ...
The 2010 Human Development Report—The Real Wealth of Nations: Pathways to Human Development—showed through a detailed new analysis of long-term Human Development Index (HDI) trends that most developing countries made dramatic yet often underestimated progress in health, education and basic living standards in recent decades, with many of the poorest countries posting the greatest gains.