write a letter 100-120 words to the editor of a national daily describing the difficulties faced by poor families
Answers
Answer:
679 Kaveri Vihar New Delhi 14th July 20×× The Editor The Times of India New Delhi Subject : Rising Prices Sir I wish to draw your attention towards the rising inflation which has made life difficult for the common man. It was not so in earlier times when things were very cheap and were within the reach of almost everyone. The sharp rise in the prices of all commodities has made it difficult for the common man to make both ends meet. He cannot bear even the daily expenses of his family. This is giving rise to disappointments and dejections in the life of the common people. Corruption is also on the rise, so as to avoid financial crisis, people are turning towards bribery which is the root cause of all evils. The society is taking a bad turn only because of inflation. It is high time that the concerned authorities wake up to this social problem and try to put reins on the rising prices so that people can lead a comfortable and peaceful life. Thanking you
Answer:
As India is one of the fastest-growing economies in the world, poverty is on the decline in the country, with close to 44 Indians escaping extreme poverty every minute, as per the World Poverty Clock. India had 73 million people living in extreme poverty which makes up 5.5% of its total population, according to the Brookings report. In May 2012, the World Bank reviewed and proposed revisions to their poverty calculation methodology and purchasing power parity basis for measuring poverty worldwide.[1] It was a minimal 3.6% in terms of percentage. As of 2020, the incidence of multidimensional poverty has significantly reduced, declining from 54.7 percent to 6 percent.[2]
India Poverty rate since 1993 based on World Bank $2.00 ppp value
According to United Nations Development Programme Administrator Achim Steiner, India lifted 271 million people out of poverty in a 10-year time period from 2005/06 to 2015/16.[2]
The World Bank has been revising its definition and benchmarks to measure poverty since 1990, with a $2 per day income on purchasing power parity basis as the definition in use from 2005 to 2013.[3] Some semi-economic and non-economic indices have also been proposed to measure poverty in India.