Singh bling Posted July 17, 2020 Share Posted July 17, 2020 https://m.hindustantimes.com/india-news/india-lifted-270-million-people-out-of-poverty-in-2005-15-finds-study/story-1Ck6ZTy92wBHJx6QF4GbJP_amp.html?__twitter_impression=true But Congress had no right to collect Tax While BJP has right to collect 10 times more tax as super honest. speedheat and retired_hurt 1 1 Link to comment Share on other sites More sharing options...
G_B_ Posted July 17, 2020 Share Posted July 17, 2020 Problem is congress did not collect tax. They simply built npas and debt via reckless lending. Link to comment Share on other sites More sharing options...
velu Posted July 17, 2020 Share Posted July 17, 2020 how many millions were pushed into poverty by congress before lifting them out of it ? this article seems to be an important page in the bible for the libtards ravishingravi, Clarke, Sgattick10 and 3 others 6 Link to comment Share on other sites More sharing options...
mishra Posted July 17, 2020 Share Posted July 17, 2020 (edited) 1 hour ago, G_B_ said: Problem is congress did not collect tax. They simply built npas and debt via reckless lending. Headline is misleading. Infact akin to fake news Most of people came out of poverty under Modi era. The poverty reduction graph fell flat for India between 2005 and 2013. The reason I identified it is because I have been following poverty graph of India and 2018 was momentous occasion when we were no more home to worlds highest poor Edited July 17, 2020 by mishra Link to comment Share on other sites More sharing options...
gattaca Posted July 17, 2020 Share Posted July 17, 2020 (edited) Any stats for 2016-2020. Also who ran the study is it congress sponsored. One thing I learnt anytime someone mentions study it’s mostly sponsored. Also why wait this long to publish the study. Edited July 17, 2020 by gattaca Link to comment Share on other sites More sharing options...
gattaca Posted July 17, 2020 Share Posted July 17, 2020 (edited) 3 hours ago, Singh bling said: https://m.hindustantimes.com/india-news/india-lifted-270-million-people-out-of-poverty-in-2005-15-finds-study/story-1Ck6ZTy92wBHJx6QF4GbJP_amp.html?__twitter_impression=true But Congress had no right to collect Tax While BJP has right to collect 10 times more tax as super honest. You should see what left socialist countries like Canada do. They collect 50 pc taxes. Also congress failed to collect taxes and did push people to poverty with their policies favor only rich and their stooges. Edited July 17, 2020 by gattaca Link to comment Share on other sites More sharing options...
mishra Posted July 17, 2020 Share Posted July 17, 2020 12 minutes ago, gattaca said: Any stats for 2016-2020. Also who ran the study is it congress sponsored. One thing I learnt anytime someone mentions study it’s mostly sponsored. Also why wait this long to publish the study. 2005: Similar to 2013 2013: Count was 269.3 million https://www.washingtonpost.com/news/worldviews/wp/2018/07/10/india-is-no-longer-home-to-the-largest-number-of-poor-people-in-the-world-nigeria-is/ 2018- Count went below 80 Million Link to comment Share on other sites More sharing options...
Trichromatic Posted July 17, 2020 Share Posted July 17, 2020 14 minutes ago, mishra said: Headline is misleading. Infact akin to fake news Most of people came out of poverty under Modi era. The poverty reduction graph fell flat for India between 2005 and 2013. The reason I identified it is because I have been following poverty graph of India and 2018 was momentous occasion when we were no more home to worlds highest poor Source please. Last year mint claimed this - India's rural poverty has shot up Quote A Mint analysis of the consumption expenditure numbers reported by the National Statistical Office (NSO) in a hushed-up report suggests that rural poverty rose nearly 4 percentage points between 2011-12 and 2017-18 to 30 percent even as urban poverty fell 5 percentage points over the same period to 9 percent. Given the higher weight of the rural population, the estimated overall poverty rate went up nearly a percentage point to 23 percent in 2017-18. The rise implies that 30 million people fell below India’s official poverty line and joined the ranks of the poor over the past six years. https://www.livemint.com/news/india/rural-poverty-has-shot-up-nso-data-shows-11575352445478.html Link to comment Share on other sites More sharing options...
Clarke Posted July 17, 2020 Share Posted July 17, 2020 Pranabda was a great economic mind now ? Link to comment Share on other sites More sharing options...
Gollum Posted July 17, 2020 Share Posted July 17, 2020 (edited) Povety definition in India is a joke, irrespective of who is in power. I wouldn't read too much into this. Remember that farcical PC by Montek Ahluwalia where he claimed that anyone spending over Rs 26 in urban areas or Rs 20 in rural areas per day can't be classified as poor. Not sure of the figures but it was in that 20-30 range. Can someone sustain him/herself on Rs 900 per month in Bengaluru? Nonsense. PS- OP wants to talk about fiscal deficit during UPA era? Edited July 17, 2020 by Gollum velu 1 Link to comment Share on other sites More sharing options...
mishra Posted July 17, 2020 Share Posted July 17, 2020 1 hour ago, Trichromatic said: Source please. Last year mint claimed this - India's rural poverty has shot up https://www.livemint.com/news/india/rural-poverty-has-shot-up-nso-data-shows-11575352445478.html We can argue that since Earning rise < Inflation, means we all are poorer. Anyone can make a bench mark, but on a mark where India and Chine were compared, Chinese poverty went down significantly post 1990 while India maintained near about straight line for very long. I am in direct touch with rural India, 3000 Rupees makes massive difference in living standards of these people Link to comment Share on other sites More sharing options...
mishra Posted July 17, 2020 Share Posted July 17, 2020 18 minutes ago, Gollum said: Povety definition in India is a joke, irrespective of who is in power. I wouldn't read too much into this. Remember that farcical PC by Montek Ahluwalia where he claimed that anyone spending over Rs 26 in urban areas or Rs 20 in rural areas per day can't be classified as poor. Not sure of the figures but it was in that 20-30 range. Can someone sustain him/herself on Rs 900 per month in Bengaluru? Nonsense. PS- OP wants to talk about fiscal deficit during UPA era? Gollum Bhai, India is trying to reduce "Extreme Poverty" like the ones in Somalia, Nigeria and other third world African nations Sgattick10 and velu 2 Link to comment Share on other sites More sharing options...
G_B_ Posted July 17, 2020 Share Posted July 17, 2020 1 hour ago, Trichromatic said: Source please. Last year mint claimed this - India's rural poverty has shot up https://www.livemint.com/news/india/rural-poverty-has-shot-up-nso-data-shows-11575352445478.html dude the article itself you posted says that it lacks the raw data for the exact estimates. Link to comment Share on other sites More sharing options...
G_B_ Posted July 17, 2020 Share Posted July 17, 2020 and also this is a bit contradictory. If the OP link is saying poverty declined from 2005 to 2015. The link vibhash posted suggests poverty rose from 2011 to 2018. There is an overlapping period which suggests that either the methodology is different and/or the thresholds are different. Link to comment Share on other sites More sharing options...
ravishingravi Posted July 17, 2020 Share Posted July 17, 2020 Trinity. Jan dhan. Beema. LPG. All one needs to knows Link to comment Share on other sites More sharing options...
velu Posted July 17, 2020 Share Posted July 17, 2020 (edited) 6 hours ago, Gollum said: Povety definition in India is a joke, irrespective of who is in power. I wouldn't read too much into this. Remember that farcical PC by Montek Ahluwalia where he claimed that anyone spending over Rs 26 in urban areas or Rs 20 in rural areas per day can't be classified as poor. Not sure of the figures but it was in that 20-30 range. Can someone sustain him/herself on Rs 900 per month in Bengaluru? Nonsense. PS- OP wants to talk about fiscal deficit during UPA era? i had shown this fiscial deficit chart under UPA/NDA to one village idiot .. he stopped talking to me directly after that Edited July 17, 2020 by velu coffee_rules, Trichromatic and chewy 2 1 Link to comment Share on other sites More sharing options...
Stan AF Posted July 18, 2020 Share Posted July 18, 2020 (edited) 18 hours ago, Gollum said: Povety definition in India is a joke, irrespective of who is in power. I wouldn't read too much into this. Remember that farcical PC by Montek Ahluwalia where he claimed that anyone spending over Rs 26 in urban areas or Rs 20 in rural areas per day can't be classified as poor. Not sure of the figures but it was in that 20-30 range. Can someone sustain him/herself on Rs 900 per month in Bengaluru? Nonsense. PS- OP wants to talk about fiscal deficit during UPA era? It is actually now at 4.6%. Not 3.4 and going down https://economictimes.indiatimes.com/news/economy/indicators/fiscal-deficit-widens-to-4-6-of-gdp-in-2019-20/articleshow/76093931.cms Edited July 18, 2020 by Stan AF Link to comment Share on other sites More sharing options...
Clarke Posted July 18, 2020 Share Posted July 18, 2020 What are we comparing here btw ? Increasing globalization & outsourcing vs anti globalization alt right Trump times with increasing automation ? A fiscal problem corrected with stimulus vs a once in a century global pandemic not having an end in sight ? Link to comment Share on other sites More sharing options...
velu Posted July 18, 2020 Share Posted July 18, 2020 15 minutes ago, Stan AF said: It is actually now at 4.6%. Not 3.4 and going down https://economictimes.indiatimes.com/news/economy/indicators/fiscal-deficit-widens-to-4-6-of-gdp-in-2019-20/articleshow/76093931.cms it could go up thanks to covid .. problem with BJP is they want to reduce fiscal deficit at the cost of growth .. at this stage we shld spend more and not bothered about deficit for another 15-20 years Link to comment Share on other sites More sharing options...
Clarke Posted July 18, 2020 Share Posted July 18, 2020 4 minutes ago, velu said: it could go up thanks to covid .. problem with BJP is they want to reduce fiscal deficit at the cost of growth .. at this stage we shld spend more and not bothered about deficit for another 15-20 years Did u mean months or actually years What will be our annual debt payment as part of budget if we do that ? Any numbers on what potential growth covers that hole ? Link to comment Share on other sites More sharing options...
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