India is one of the growing countries in the world. But is it actually growing?
The poverty in India isn’t just psychological poverty, it is an absolute poverty.
There is poverty in every aspect of life.We all know that India has a major problem of poverty although we don’t know, how extreme it is.
Also we don’t know how many people continue to die from absolute poverty and hunger in India despite numerous efforts to help fight poverty in the world.
The Multidimensional Poverty Index developed by Oxford University (which will appear in the upcoming UNDP human development report) shows that India is far poorer than Africa not just in number but also in intensity.
The new poverty measure shows that 8 states out of the 29 states in India have more poor people than the 26 poorest African countries combined.
The Multidimensional poverty index views poverty from several different angles instead of just GDP figures.
However, this is not all,India like any other developing country is crippled by so many problems. For example, India’s population growth rate is increasing by the day putting pressure on the limited resources and leaving many Indians in absolute poverty.
The population is marked by high inflation that in turn causes basic necessities unaffordable for the masses. High Inflation is good for any economy but not if it’s killing people.
India is also very poor in terms of education, in terms of economic improvement, infrastructure, heath care, etc.
Image Courtesy: [The Viewspaper]
Disclaimer: The above article is the personal opinion of the author and not of the publication.