Indian economy related folder

Can India eradicate poverty?

Can India eradicate poverty?

http://newsforums.bbc.co.uk/nol/thread.jspa?threadID=5438&&&edition=2&ttl=20070206134720

Will India’s economic boom help the poor?

India is an economic miracle. With growth rates of nearly 10% a year the country is becoming richer than ever before. But while the burgeoning middle class has more money to spend, most Indians still live in desperate poverty.

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UN statistics show that 700 million Indians live on less that $2 a day and a fifth of children don’t go to school. Although some of these people are benefiting from the boom, income gaps are widening fast. And with a rapidly growing population, the economy has to keep growing for society to simply stand still.
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