
Despite the country's meteoric GDP growth rate (about 9%), poverty in India is still pervasive; especially in rural areas where 70% of India’s 1.2 billion population live. It is one of the fastest growing economies in the world and yet its wealth is hardly redistributed across the population.
60 years of fighting Indian poverty
India’s government is well aware that poverty is a giant barrier to overcome if it is to fully develop the nation. A wide range of anti-poverty policies have been introduced since the 1950s, which nonetheless took effect after 20 years of implementation.
If the decline in poverty went from 60% to 35% between the 1970s and the early 1990s, globalization and liberalization policies have made this trend go backwards in the 90s.
How? And why? Weren’t the effects of joining the global market place supposed to create growth? Why has India lagged behind China for so long? What went wrong?
what India did differently and why poverty in India is still ubiquitous. Think about it..?
If the decline in poverty went from 60% to 35% between the 1970s and the early 1990s, globalization and liberalization policies have made this trend go backwards in the 90s.
How? And why? Weren’t the effects of joining the global market place supposed to create growth? Why has India lagged behind China for so long? What went wrong?
what India did differently and why poverty in India is still ubiquitous. Think about it..?

