i thought who started the riots was still debateable, regardless it has nothing to do with this post. you want to address that in WA please do so.
dhir, queer etc let me remind you that this thread is about India and poverty level in India. Its about global economic issues and not comparative figures for poverty in Pakistan or how much it will increase. Any articles of post that divert from the topic of this thread are not necessary. If you cant address the issue at hand in this thread, dont post the comparison with Pakistan.
Oh, and for Pakistan's issues. visit Pak Affairs forum "Economy and Politics".
Dhannewaal!
How Indians reduce poverty.
Globalist Interview > Global Economy
Poverty — By the Numbers?
By Angus Deaton
Global economic policymakers like to give grandiose speeches about
helping "the poor." But how many people are really "poor"? Like all
attempts at economic measurement, that question is difficult to
answer. In a conversation with Prakash Loungani, Angus Deaton — a
Princeton University professor who has studied Indian poverty
statistics intensively — explores the difficulties.
** India has long used a 30-day recall period. In recent years, the
statistical authorities in India experimented to see what difference
the recall period makes to the estimate of the number of poor.
They found that shifting to a one week recall period would essentially
halve the number of poor in India. That must be the most successful
poverty-reduction program in the world! **
Shifting to a briefer survey period would essentially halve the number
of poor in India. That must be the most successful poverty-reduction
program in the world!
Poverty is reduced by a growing economy and by all standards, our economy is growing.
So, we are on the right path and striding fast. The following help you understand India's recent upward mobility:
"Citing the 18.05 per cent rise in exports, Jaitley said, with this India share in the world exports in merchandise goods has increased from 0.4 per cent in 1992-93 to 0.7 per cent in 2001-02 and 0.8 per cent in 2003. If the present trend is maintained, we might even reach one per cent share in world exports before the target year of 2007," he said." – IE
“Despite an overall sluggish growth, many sectors in the economy are growing. And, growing at very handsome rates too. According to an ET Intelligence Group study, a large number of industries are growing at rates over 10%. Iraq or not, and SARS be damned. Compared to the growth rate of the real economy, that’s stupendous” – TNN
“During … 1995-99 China’s value added per worker stood lower at $2,885 per year against India’s $3,118.” – Business Standard
“A.T. Kearney ranks India as the preferred country overall for offshore business processing, followed by Canada, Brazil … Australia, Russia and China.” – atkearny.com
“Auto part exports to rise over 100% to $2bn in 2 years” – ET
“Today, Bharat Forge has cemented its position as one of the world's largest axle-component manufacturers, with a 50% market share in the U.S.” – Business Week
“General Atlantic Partners’ $107 million investment in Mumbai-based Patni Computer Systems last year has emerged as the biggest private equity deal in the Asia Pacific region in 2002. India clocked the second highest funding in the region at $ 406 million after Australia, which pulled in $ 450 million. China ranked fifth down the order ($ 162 million).” – ET
“India’s services sector has emerged among the top-five fastest growing in the world during 1990-2001, surpassing its track record in the 1980s. According to the World Development Indicators, 2003, …India’s services sector clocked an average 7.9% growth per annum between 1990 and 2001, against 6.9% between 1980 and 1990, beating the global rate of 3.1%.” – ET
“Agricultural and processed food exports rose … 23% during April-October 2002” – ET
“Steel exports to US zoom 13 fold. …while India exported 70,000 tonnes of steel to the US during April-December 2001, it exported close to a million tonnes during April-December 2002 “ – ET
“Electronics components' exports have posted a 20.35 per cent rise in 2001-02 to Rs 2200 crore compared to Rs 1,828 crore in 2000-01, according to an estimate by Electronics and Computer Software Export Promotion Council.” – ET
“India is fast emerging as the growth engine for multinational companies. Indian subsidiaries of MNCs are clocking better growth rates than their global parents both in terms of sales and net income … ABB, Nestle, LG, Samsung, Philips, Goodyear, Pfizer, Whirlpool, Siemens are all beating their global headquarters in performance scales and some of them are clocking double-digit growth …” – ET
[QUOTE]
Originally posted by 5Abi: *
**dhir, queer etc let me remind you that this thread is about India and poverty level in India. Its about global economic issues and not comparative figures for poverty in Pakistan or how much it will increase. Any articles of post that divert from the topic of this thread are not necessary. If you cant address the issue at hand in this thread, dont post the comparison with Pakistan.
Oh, and for Pakistan's issues. visit Pak Affairs forum "Economy and Politics".
Dhannewaal!*
[/QUOTE]
janab maadretar saab,
thanks for deleting my post because it compared poverty figures in india with those of pakistan. if it still survives somewhere, can i have it? i'd love to start a thread with it.
i really dont see how malik73's posts about comparisons with china, and chota's post on rape, assault, HIV, murder in india still survived on this thread though. i must be missing something.