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Thursday, May 10, 2018

By 2013, only 11 % of the World's Population remained in Poverty !

Last night, my husband mentioned poverty rates across the world have been declining.. I said that there had been recent reversals due to worsening ecological impacts of global warming but he did not think so. I decided to look up the data. 

A 2016 report by the World Bank was very encouraging : In 2013, fewer than 800 million people lived on less than $1.90 a day (nearly Rs. 130 at today's exchange rate). That's less than 11 percent of the global population. As recently as 1990, about 35 percent of all people lived in such extreme poverty. That means about 1.1 billion people rose out of extreme poverty.


The percentage of people in Latin America, East Asia, North Africa and Eastern Europe who still lived in poverty was 5 % and below. But it was still over 40 % in Sub-saharan Africa and 15 % in South Asia. 

Researchers tied future poverty declines to reducing inequality. The countries where inequality declined in recent years included Brazil, Cambodia and Tanzania. Some successful policies employed which in my assessment, India pays inadequate attention to, include early childhood development and nutrition, universal health coverage, universal access to quality education and making cash transfers to poor families.

In 2012, according to Reserve Bank of India data, the States with the highest percentages of population in poverty (upto 40 %) were Chattisgarh, Jharkhand and Mizoram.


The next States with upto 30 % of their population in poverty were Madhya Pradesh, Bihar, Orissa and Assam.


The States with the least poverty in India (uptill 10 %) were Kerala, Andhra Pradesh, Punjab and Himachal. 

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