Write a short note on global poverty scenario??
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Write a short note on global poverty scenario??
Write a short note on global poverty scenario??
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Hemant Pratap Singh
20-NOV-2015 17:22
The proportion of people in developing countries living in extreme economic poverty— defined by the World Bank as living on less than $1 per day—has fallen from 28 per cent in 1990 to 21 per cent in 2001,but near about 3 billion peoples live less than $1.25/day . Poverty declined substantially in China and South-East Asian countries as a result of rapid economic growth and massive investments in human resource development. Number of poor’s in China has come down from 606 million in 1981 to 212 million in 2001. In the countries of South Asia (India, Pakistan, Sri Lanka, Nepal, Bangladesh, Bhutan) the decline has not been as rapid. Despite decline in the percentage of the poor, the number of poor has declined marginally from 475 million in 1981 to 428 million in 2001. Because of different poverty line definition, poverty in