More of world's poor live in India : Guardian/UN

[AAtish]

yeah i forgot, a man who cant help his nation in need definately cant help his poor neighbours.

Are you feeling okay? Nothing else to say mate?

 

[Tiki Tam Tam]

per capita GDP in India and Pakistan is not much different.

Roadrunner,

Here is your answer if it is different or not!

The economy of Pakistan is 47th largest in the world (in nominal terms) and 27th largest in the world (in absolute dollar terms)
http://en.wikipedia.org/wiki/Economy_of_Pakistan

The Economy of India is the eleventh largest in the world by nominal GDP[1] and the fourth largest by purchasing power parity (PPP).
http://en.wikipedia.org/wiki/Economy_of_India

Note the authoritative Footnote ref of these links.

Aatish,

I hope you are feeling OK now yourself!

 

[WARRANT]

some simple mathematics will prove you wrong.

if India has more super rich than Pakistan, and India has a greater percentage of people on the starvation line, you cannot have a better wealth distribution than Pakistan, whatever lies your figures come out with.

It is impossible.

Maths it is.. more population more super rich more middle class and more poor people. Yes it is mathematics. But the maths of middle class income group which forms the core is massive.

And good news is that more poor are getting elevated due to growth in economy mainly manufacturing and infrastructural developments.

 

[AAtish]

The economy of Pakistan is 47th largest in the world (in nominal terms) and 27th largest in the world (in absolute dollar terms)

The Economy of India is the eleventh largest in the world by nominal GDP[1] and the fourth largest by purchasing power parity (PPP).

Aatish,

I hope you are feeling OK now yourself!

You forgot to remove that bold part mate .. let me see.. is it for citation? oh forget it..

So where did i said that India is not an economically growing country??.. we are talking about Poverty in India..

27% Hold all the wealth, out of which 1% top are the ones holding 43%.. the bottom 50% of Indians only hold 1% of total wealth..

Go figure it out..

 

[WARRANT]

You forgot to remove that bold part mate .. let me see.. is it for citation? oh forget it..

So where did i said that India is not an economically growing country??.. we are talking about Poverty in India..

27% Hold all the wealth, out of which 1% top are the ones holding 43%.. the bottom 50% of Indians only hold 1% of total wealth..

Go figure it out..

Yes yes. You guys always are.

 

[AAtish]

Yes yes. You guys always are.

Please do tell me if i am wrong.. i gave you a quotation of distribution of wealth .. tell me if it is wrong..

 

[Tiki Tam Tam]

You forgot to remove that bold part mate .. let me see.. is it for citation? oh forget it..

So where did i said that India is not an economically growing country??.. we are talking about Poverty in India..

27% Hold all the wealth, out of which 1% top are the ones holding 43%.. the bottom 50% of Indians only hold 1% of total wealth..

Go figure it out..

No you did not say.

I made the mistake.

Roadrunner said.

The bold part was to indicate that though wiki, it had authoritative refs.

 

[WARRANT]

Please do tell me if i am wrong.. i gave you a quotation of distribution of wealth .. tell me if it is wrong..

Yes you are wrong. absolutly wrong . dont worry some sissy kid will start another thread on same and you can repeat all these there too.

 

[Major Ram]

That answer has already been given, hence the suggestion to read from start..

That answer is not given sir. Read the question again.

 

[roadrunner]

Roadrunner,

Here is your answer if it is different or not!

The economy of Pakistan is 47th largest in the world (in nominal terms) and 27th largest in the world (in absolute dollar terms)
Economy of Pakistan - Wikipedia, the free encyclopedia

The Economy of India is the eleventh largest in the world by nominal GDP[1] and the fourth largest by purchasing power parity (PPP).
Economy of India - Wikipedia, the free encyclopedia

Note the authoritative Footnote ref of these links.

Aatish,

I hope you are feeling OK now yourself!

Do you even know what per capita means? Doh.

 

[roadrunner]

Maths it is.. more population more super rich more middle class and more poor people. Yes it is mathematics. But the maths of middle class income group which forms the core is massive.

And good news is that more poor are getting elevated due to growth in economy mainly manufacturing and infrastructural developments.

that's not the point. the poor are the poorest in the world and on the starvation line. It is a simple fact your poor on the starvation line is bigger than your middle class and upper class combined.

India has done the worst job in the world of distributing wealth fairly. Pakistan has done much better.

 

[WARRANT]

that's not the point. the poor are the poorest in the world and on the starvation line. It is a simple fact your poor on the starvation line is bigger than your middle class and upper class combined.

India has done the worst job in the world of distributing wealth fairly. Pakistan has done much better.

Dont worry dude. even if they are poor governments in states are providing free meals to students, free rice to families (free of cost and some for 1-2 rupees) . So pay them a visit they might give u a rice porridge.

But you as a think tank should get more worried on whether your government is doing the same. I never saw any of ur comments in ur economy sections.

DiD Pakistan just moved to Europe now?

 

[Chow chow]

Roadrunner,

Here is your answer if it is different or not!

The economy of Pakistan is 47th largest in the world (in nominal terms) and 27th largest in the world (in absolute dollar terms)
Economy of Pakistan - Wikipedia, the free encyclopedia

The Economy of India is the eleventh largest in the world by nominal GDP[1] and the fourth largest by purchasing power parity (PPP).
Economy of India - Wikipedia, the free encyclopedia

Note the authoritative Footnote ref of these links.

Aatish,

I hope you are feeling OK now yourself!

Now Indian is 8th largest economy in nominal term with $1.7 tn after growth of 8.5 % in FY 2010-2011

 

[Chow chow]

that's not the point. the poor are the poorest in the world and on the starvation line. It is a simple fact your poor on the starvation line is bigger than your middle class and upper class combined.

India has done the worst job in the world of distributing wealth fairly. Pakistan has done much better.

http://www.marketwatch.pk/news/paki...overty-increased-to-an-astonishing-43-percent

ISLAMABAD: For the third year in a row, the government of Pakistan refused to state how many people in the country live below the poverty line, although estimates based on data provided by the finance ministry in its economic survey suggest that the poverty rate may have increased to an astonishing 43%.

During much of the press conference, both Finance Minister Abdul Hafeez Sheikh and the finance secretary refused to answer the question on poverty and unemployment rates, despite the fact that nearly every journalist present started off by asking about those two key metrics of the nation’s economic health.


Process of Compiling: The question was usually summarily ignored by both the minister and other officials present before the finance secretary finally gave a non-answer, saying that he had no new information on the matter. Since the last poverty survey in 2006, there are no new figures on poverty, said Finance Secretary Waqar Masood, during a press conference that marked the release of the 2011 Economic Survey. The government is in the process of compiling the results of its new poverty survey and will be able to release the data next year. In 2006, the government had determined that 22.3%, a figure that hid the fact that there was an increasingly wide gap between the poverty rates in urban and rural areas. Poverty rates in urban areas are lower by as much as 20% compared to rural areas. The government uses the World Bank’s definition of poverty, which is any person earning less than $1.25 per day. In Pakistan, that figure comes to any person living on less than Rs3,243 per month. The government has not given any reason as to why it does not produce even estimates of the poverty rates, even though this year’s economic survey seems to include suggestions on how much it might have increased by. By the ADB’s estimates, as cited by the ministry of finance, every 10% increase in food prices pushes 2.2% of Pakistan’s population below the poverty line.

The ministry estimates that food prices have risen 94% since its last poverty survey. If the ADB’s estimates hold across several years, poverty in Pakistan has increased to an astonishing 43%. Data from the finance ministry suggest that nearly 75% of the population lives very close to the poverty line and very small changes can push very large numbers of people below it, while relatively medium-paced economic growth can also bring several million people out of poverty as well.