R.A.W.
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Across the forum there have been voices about Indian poverty and half of Indian population sleeping empty stomach. I did some analysis on the basis of cost of living index within India mathematically....
Currently if dollars are converted to Indian Ruppees they sum up to about 49 rupees and can be rounded to 50 for assumption.
So when we say $2 per day it means Rs 100 in Indian terms.
For a nuclear family of 3 the entire amount is Rs. 300 per day.
Now in India
Cost of food for a nuclear family for one time including is about Rs 30 if cooked at home.
So having two times food comes out to be 60
Now adding the breakfast and others which will add another 20 to it.
So the total cost towards food becomes Rs 80 per day.
An average room within India costs about Rs 600 per month on rent in low areas in metro cities and much cheaper in rural areas. So for now lets take the standard for 600 ruppees which can be further calculated to Rs. 20 per day.
So adding 20 to it it becomes Rs. 100
Now schools in India funded y government are free as well as paid with fees as low as Rs 300 so we can 10 per day from it for the single child in the nuclear family
So the total becomes 110.
Now water and electricity bill would be about 450
So another 15 can be added per day so it becomes 125
Now adding 25 for miscellaneous expenses it becomes 150.
So segregating per day
Expenses towards food = Rs 80 per day
Housing = Rs 20 per day
education = Rs 10 per day
electricity = Rs 15 per day
Misc = Rs 25 per day.
So as per the above calculations if even you have a $1 per day in India you can eat and sleep well within India.
Also the above calculations get further dispersed with more members family on the account of fuel usage, electricity usage....
I think this would clarify the doubts about half India sleeping with hungry belly.
No one is justifying poverty here but the point is you can survive in India with 2$ in your pocket....
Currently if dollars are converted to Indian Ruppees they sum up to about 49 rupees and can be rounded to 50 for assumption.
So when we say $2 per day it means Rs 100 in Indian terms.
For a nuclear family of 3 the entire amount is Rs. 300 per day.
Now in India
Cost of food for a nuclear family for one time including is about Rs 30 if cooked at home.
So having two times food comes out to be 60
Now adding the breakfast and others which will add another 20 to it.
So the total cost towards food becomes Rs 80 per day.
An average room within India costs about Rs 600 per month on rent in low areas in metro cities and much cheaper in rural areas. So for now lets take the standard for 600 ruppees which can be further calculated to Rs. 20 per day.
So adding 20 to it it becomes Rs. 100
Now schools in India funded y government are free as well as paid with fees as low as Rs 300 so we can 10 per day from it for the single child in the nuclear family
So the total becomes 110.
Now water and electricity bill would be about 450
So another 15 can be added per day so it becomes 125
Now adding 25 for miscellaneous expenses it becomes 150.
So segregating per day
Expenses towards food = Rs 80 per day
Housing = Rs 20 per day
education = Rs 10 per day
electricity = Rs 15 per day
Misc = Rs 25 per day.
So as per the above calculations if even you have a $1 per day in India you can eat and sleep well within India.
Also the above calculations get further dispersed with more members family on the account of fuel usage, electricity usage....
I think this would clarify the doubts about half India sleeping with hungry belly.
No one is justifying poverty here but the point is you can survive in India with 2$ in your pocket....
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