Why do all the countries in the world not have the same poverty lines. State 3reasons
Answers
2.Different form of Govt country to country.
3.Varying population gap.
India has 269 million (21 percent of total population) people under the poverty line, as per the latest official headcount of the poor in India. It used to be 396 million (29 percent) prior to the announcement of new counting in June 1024.
However, World Bank recently estimated Indian poverty to be 172 million (12.4 percent), based on its new poverty line of $1.90 per person per day using the new 2011 purchasing power parity (PPP) data. This is a measure of extreme poverty. [The World Bank revised its poverty line in October in 2015 to $1.90 a day from the earlier $1.25 a day.]
In 1947 when colonial British left India, they left 70 percent Indians in deep poverty and a tiny elite class that controlled everything. Over six decades later in 2011-2012, poverty is down to 21 percent despite the multifold increase in population. However, despite the significant progress, even 21 percent poverty means a huge headcount in a country of 1.3 billion people.
You may like to know that World Bank has set the target of bringing down the global extreme poverty to less than 3 percent by 2030. The global community is now also duty bound to pursue the Sustainable Development Goals (SDGs) which provides a holistic global development agenda, particularly for the poor countries.
There is a more comprehensive way to measure poverty, through the Multidimensional Poverty Index (MPI). It is a joint venture of UK based Oxford Poverty and Human Development Initiative (OPHI) and the United Nations Development Program (UNDP). Its 2017 report estimated India’s poverty at 41 percent (528 million).