Are dynamics of poverty reduction the same in rural india
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No,poverty can be changed only by new scemes
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"Like many
developing countries, China and India followed development strategies biased in
favor of the urban sector over the last several decades. These development
schemes have led to overall efficiency losses due to misallocation of resources
among rural and urban sectors. It also led to large income gaps between rural
and urban areas. The urban bias was greater in China than in India. Indeed,
official data show that both the income gap and the difference in poverty rates
between rural and urban areas are much larger in China than in India. Both
countries have corrected the rural-urban divide to some extent as part of
reform processes. But the bias still exists. Other studies also support the
idea presented here that correcting this imbalance will not only contribute to
higher rural growth, but also secure future urban growth (Fan and Chan-Kang
2005). More important, correcting the urban bias will lead to larger reductions
in poverty as well as more balanced growth across sectors and regions. Correcting
a government's bias towards investment in urban areas is one of the most
important .
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