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India has a higher poverty ratio than neighboring countries,what are the reasons for this plz give me the right answer you got 20 pointsand I also mark you as brainliest if the answer is correct |
| Answer» <html><body><p>ong>Answer:</p><p>As <a href="https://interviewquestions.tuteehub.com/tag/india-54" style="font-weight:bold;" target="_blank" title="Click to know more about INDIA">INDIA</a> is one of the fastest-growing economies in the world, poverty is on the decline in the country, with close to 44 Indians escaping extreme poverty every minute, as per the World Poverty Clock. India had 73 million people living in extreme poverty which makes up 5.5% of its total population, according to the Brookings <a href="https://interviewquestions.tuteehub.com/tag/report-25448" style="font-weight:bold;" target="_blank" title="Click to know more about REPORT">REPORT</a>. In May <a href="https://interviewquestions.tuteehub.com/tag/2012-290617" style="font-weight:bold;" target="_blank" title="Click to know more about 2012">2012</a>, the World Bank reviewed and proposed revisions to their poverty calculation methodology and purchasing power parity <a href="https://interviewquestions.tuteehub.com/tag/basis-893664" style="font-weight:bold;" target="_blank" title="Click to know more about BASIS">BASIS</a> for measuring poverty worldwide. It was a minimal 3.6% in terms of percentage.Inside India, both income-based poverty definition and consumption-based poverty statistics are in use.According to the World Bank, India accounted for the world's largest number of poor people in 2012 using revised methodology to measure poverty, reflecting its massive population.</p><p><strong>I</strong><strong> </strong><strong>hope</strong><strong> </strong><strong>you</strong><strong> </strong><strong><a href="https://interviewquestions.tuteehub.com/tag/like-1073845" style="font-weight:bold;" target="_blank" title="Click to know more about LIKE">LIKE</a></strong><strong> </strong><strong>this</strong><strong> </strong><strong>please</strong><strong> </strong><strong>share</strong><strong> </strong><strong>and</strong><strong> </strong><strong>rate</strong></p><p></p><p></p></body></html> | |