Measurement and determinants of poverty in india
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hy this is gori here
The issues of poverty and inflation are of the first rank importance in Indian economy. That 320 million persons or 35.97 per cent of the total population in 1993-94 (37.27% in the rural areas and 32.36% in the urban areas) were living below the poverty line, that today about 5 per cent people are unemployed, that 24 paisa of every rupee that the government earns goes into paying interest on debt, and that 10.7 per cent of our GDP is being spent by the central and the state governments on non-merit subsidies on items like water supply, higher education, irrigation, electricity, etc., all these facts present a shocking image of poverty, income and wealth in our country.
The issues of poverty and inflation are of the first rank importance in Indian economy. That 320 million persons or 35.97 per cent of the total population in 1993-94 (37.27% in the rural areas and 32.36% in the urban areas) were living below the poverty line, that today about 5 per cent people are unemployed, that 24 paisa of every rupee that the government earns goes into paying interest on debt, and that 10.7 per cent of our GDP is being spent by the central and the state governments on non-merit subsidies on items like water supply, higher education, irrigation, electricity, etc., all these facts present a shocking image of poverty, income and wealth in our country.
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