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Singh bling

India lifted 270 million people out of poverty in 2005-15, says study

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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

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3 hours ago, Singh bling said:

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.

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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

 

 

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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

 

 

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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?

oHbK4kO.jpg

 

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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

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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?

oHbK4kO.jpg

 

Gollum Bhai, India is trying to reduce "Extreme Poverty" like the ones in Somalia, Nigeria and other third world African nations

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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.

 

 

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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?

oHbK4kO.jpg

 

 

i had shown this fiscial deficit chart under UPA/NDA to one village idiot .. he stopped talking to me directly after that  :lol:  

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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?

oHbK4kO.jpg

 

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

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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 ? 

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15 minutes ago, Stan AF 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

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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 :dong:

 

What will be our annual debt payment as part of budget if we do that ? Any numbers on what potential growth covers that hole ?

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