write a short note on global poverty scenario
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Global poverty scenario revolves around the economic poverty in people of the countries which are developing.
India is also one of the developing countries and facing global poverty scenario in some regions.
Global poverty scenario is based on the income levels for the one, economic conditions, etc.
If the people in specific places are facing global poverty, they are unable to get their basic necessities.
Global poverty scenario revolves around the economic poverty in people of the countries which are developing.
India is also one of the developing countries and facing global poverty scenario in some regions.
Global poverty scenario is based on the income levels for the one, economic conditions, etc.
If the people in specific places are facing global poverty, they are unable to get their basic necessities.
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Although there has been a substantial reduction in global poverty, it is marked with great regional differences.
(i) Poverty declined substantially in China and south-east Asian colonies as a result of rapid economic growth and massive investment in human resource development.
(ii) In the south Asian countries, the decline has not been as rapid. Despite decline in the percentage of poor, the number of poor has declined from 475 million in 1981 to 428 million in 2001.
(iii) In Sub-Saharan Africa, poverty in fact rose from 41 per cent in 1981 to 46 per cent in 2001.
(iv) In Latin America, the ratio of poverty remained the same.
(v) Poverty has also resurfaced in some of the former socialist countries like Russia.
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