JerryGuerrero at 15:32, 19 March 2026

2026-03-19T15:32:07Z

113.193.44.216 at 05:46, 29 October 2023

2023-10-29T05:46:18Z

Bot: Removing protection template from an unprotected page

2023-07-01T20:56:20Z

Removing protection template from an unprotected page

← Older revision		Revision as of 02:26, 2 July 2023
Line 1:		Line 1:
	~~{{pp-semi-indef\|small=yes}}~~
	{{Use Indian English\|date=May 2019}}		{{Use Indian English\|date=May 2019}}
	{{Use dmy dates\|date=October 2016}}		{{Use dmy dates\|date=October 2016}}

UpdateBot: robot: Update article

2022-04-24T06:41:26Z

robot: Update article

Show changes

WikiDwarfBOT: /* References */Replace {{Source}} tag

2021-04-30T16:08:37Z

References: Replace {{Source}} tag

← Older revision		Revision as of 21:38, 30 April 2021
Line 21:		Line 21:
	{{reflist}}		{{reflist}}

	~~{{Source\|Wiki\|S}}~~
	[[Category:Economy of India]]		[[Category:Economy of India]]
	[[Category:History of India]]		[[Category:History of India]]
	[[Category:Poverty]]		[[Category:Poverty]]


			{{simple-Wikipedia}}

CleanupBot: /* References */Add {{source}} tag

2021-04-22T19:43:56Z

References: Add {{source}} tag

← Older revision		Revision as of 01:13, 23 April 2021
Line 21:		Line 21:
	{{reflist}}		{{reflist}}

			{{Source\|Wiki\|S}}
	[[Category:Economy of India]]		[[Category:Economy of India]]
	[[Category:History of India]]		[[Category:History of India]]
	[[Category:Poverty]]		[[Category:Poverty]]

WikiDwarf: 1 revision imported

2021-04-22T12:47:51Z

1 revision imported

← Older revision	Revision as of 18:17, 22 April 2021
(No difference)

>InternetArchiveBot: Rescuing 1 sources and tagging 0 as dead.) #IABot (v2.0.7

2020-12-30T04:05:08Z

Rescuing 1 sources and tagging 0 as dead.) #IABot (v2.0.7

New page

'''[[Poverty in India simpele words forASL Topic|Poverty]] in India''' is an important issue. India has some of the poorest people in the world.

The Government of India says that the [[poverty line]] for [[rural]] areas is '''₹ 816''' per month and '''₹ 1000''' per month in [[urban]] areas. This means that many people do not have enough [[money]]. India's proposed but not yet adopted official poverty line is ₹972 (US$14) a month in rural areas or ₹1,407 (US$21) a month in cities.

In [[India]], the average [[calorie]] requirement of an average man is 2400 calories per day in [[Rural area]] and 2100 calories per day in [[Urban area]].

In 2012, the latest report by the Planning Commission of India (Tendulkar Committee) reported that 26% of all people in India fall below the international poverty line of US$1.25 per day. Over the last decade, poverty has been witnessed a consistent decline with the levels dropping from 37.2% in 2004-05 to 29.8% in 2009-10. The number of poor people is now estimated at 250 million.

== Analysis ==
[[Image:Mumbai-street-kids.jpg|right|thumb|200px|Street children in India selling snacks and drinks to bus passengers]]

In 1947 the average income in India was similar to [[South Korea]]. South Korea became a developed country by the 2000s, but India did not.

For the first 40 years, India followed the [[Soviet]]-style economic planning, nationalization programs and government ownership of industry. Its economic growth averaged about 3.5%, while Asian economies such as South Korea grew on average more than twice that rate annually.<ref>Swaminathan S. Anklesaria Aiyar [http://object.cato.org/sites/cato.org/files/pubs/pdf/dbp4.pdf Socialism kills - the human cost of delayed economic reform in India], Cato Institute (21 October 2009)</ref><ref>Ray S.C. 2002. Did India's economic reforms improve efficiency and productivity? ''Indian Economic Review'', '''37''', 1, pp. 23-57.</ref> Adjusted for population growth in India, its income per head grew at 1.49% annually, while incomes of South Koreans - rich and poor - rose rapidly.

India's Soviet-style economy included the "Licence Raj": the elaborate [[licence]]s, regulations and [[red tape]] needed to set up and run a business in [[India]] between 1947 and 1990.<ref>Overstreet 1958. Soviet and communist policy in India. ''Journal of Politics'', '''20'''(1), pp. 187-202.</ref><ref>[http://www.swaminomics.org/articles/20011125_streethawking.htm Street hawking promise jobs in future], ''[[The Times of India]]'', 25 November 2001 [https://web.archive.org/web/20080329023451/http://www.swaminomics.org/articles/20011125_streethawking.htm] |date=29 March 2008</ref> The License Raj was a result of India's decision to have a [[planned economy]], where all aspects of the economy are controlled by the state. Licences were only given to a select few. [[Corruption]] flourished under this system.<ref>Kumar 2003. Corruption and human rights: promoting transparency in governance and the fundamental right to corruption-free service in India. ''Columbia Journal of Asian Law'', '''17''', 31</ref><ref name="astaire">[http://www.ukibc.com/ukindia2/files/India60.pdf The India Report] {{Webarchive|url=https://web.archive.org/web/20090114195859/http://www.ukibc.com/ukindia2/files/India60.pdf |date=2009-01-14 }}, Astaire Research</ref> Under this system, the country created few jobs and little wealth. Widespread poverty remained.<ref>Thakur 1993. Restoring India's economic health. ''Third World Quarterly'', '''14'''(1), 137-157</ref>

{{quote|The labyrinthine bureaucracy often led to absurd restrictions – up to 80 agencies had to be satisfied before a firm could be granted a licence to produce and the state would decide what was produced, how much, at what price and what sources of capital were used.|BBC<ref>[http://news.bbc.co.uk/2/hi/south_asia/55427.stm India: the economy]. Published in 1998 by [[BBC]].</ref>}}

== References ==
{{reflist}}

[[Category:Economy of India]]
[[Category:History of India]]
[[Category:Poverty]]

← Older revision		Revision as of 02:26, 2 July 2023
Line 1:		Line 1:
	~~{{pp-semi-indef\|small=yes}}~~
	{{Use Indian English\|date=May 2019}}		{{Use Indian English\|date=May 2019}}
	{{Use dmy dates\|date=October 2016}}		{{Use dmy dates\|date=October 2016}}

Poverty in India - Revision history