Can India be devoleped only with the eradication of poverty and the gender differences in the country ???
Answers
Answer:
Because India is one of the fastest-growing economies in the world, poverty has been on a decline with close to 44 Indians escaping extreme poverty every minute, as per the World Poverty Clock. India has been able to lift significant percentage of its population out of poverty but many still live in it. It had 73 million people living in extreme poverty which makes up 10% of its total population according to Brookings report. The World Bank reviewed and proposed revisions on May 2012 to its poverty calculation methodology and purchasing power parity basis for measuring poverty worldwide. . It was a minimal 3.6% in terms of percentage. As of 2016, the incidence of multidimensional poverty has almost halved between 2005–06 and 2015–16, climbing down to 33.8 percent from 54.7 percent.