give a Brief description of the global poverty trends
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Answer:
Poverty in India is not the same in every state. The success rate of reducing poverty varies from state to state causing inter-state disparities in poverty level. Orissa, Bihar and Madhya Pradesh are the three poorest states in India with their people living below poverty line being 47, 42 and 37 percent respectively. Jammu and Kashmir, Punjab and Himachal Pradesh are the three better-off states in India as far as the poverty is concerned. There have been substantial reduction in global poverty, but there are regional disparities described below -
(1) Poverty declined in China and South-East Asian countries as a result of rapid economic growth and huge investments in the development of human resources.
(2) In Latin America, the ratio of poverty remained almost the same.
(3) In sub-Saharan Africa, poverty saw an upward trend rather than a downward trend. It rose from 41% in 1981 to 46% in 2001.
(4) Poverty ha surfaced itself in some of the former socialist countries like Russia, where formerly it was non-existent.