The Super Poor India

[HariPrasad]

It's silly to compare Gini coefficient points of countries that has vastly superior per Capita incomes.. Because Gini co efficient is a relative measure not absolute also demographics comes in to the pic.. Australia is a developed nation with low fertility rates and a aging population, Sri Lanka too suffers from first world demographic issues such as mentioned because of it's impressive HDI standards akin to developed nations.. While India has high birth rates and mortality rates


For your reference..

Australia per capita income.. $ 67,463

Sri Lanka per capita income.. $ 3279

India per capita income.. $ 1497.. All according to WB stats (2014)

Btw both Bangladesh (per capita income of $1,693) and the Netherlands (per capita income of $42,183) had an income Gini index of 0.31 in 2010 (Gini can also be calculates from 0 to 100 to 0 to 1).. So really it is you who need to understand what exactly some of these indexes mean without face value



I'm not just talking about inner cities i have traveled in India quite extensively over the years.. And it's just not about slums but rural India as well

All right. I just told you what I have seen. Your experience may be different.

 

[anonymus]

It's silly to compare Gini coefficient points of countries that has vastly superior per Capita incomes.. Because Gini co efficient is a relative measure not absolute also demographics comes in to the pic.. Australia is a developed nation with low fertility rates and a aging population, Sri Lanka too suffers from first world demographic issues such as mentioned because of it's impressive HDI standards akin to developed nations.. While India has high birth rates and mortality rates


For your reference..

Australia per capita income.. $ 67,463

Sri Lanka per capita income.. $ 3279

India per capita income.. $ 1497.. All according to WB stats (2014)

Btw both Bangladesh (per capita income of $1,693) and the Netherlands (per capita income of $42,183) had an income Gini index of 0.31 in 2010 (Gini can also be calculated from 0 to 100 or 0 to 1).. So really it is you who need to understand what exactly some of these indexes mean without face value



I'm not just talking about inner cities i have traveled in India quite extensively over the years.. And it's just not about slums but rural India as well

I think you don't understand what GINI coefficient means.

GINI coefficient is measure of income inequality that exist in a country. It has no direct relation with Per Capita income.

Since you were making a point that income inequality is extreme in India , in this post:

India is super poor but it is also super rich.. The issue is such stark contrast is not seen anywhere else in the world imo.. Abject poverty existing right along side stupendous vanity.. India is a paradox

I do not understand how would you justify India having more equitable income distribution than both your parent country and adopted country.

 

[Beidou2020]

All right. I just told you what I have seen. Your experience may be different.

Told from Mr Zhou?

 

[thesolar65]

That's because India calculates poverty differently than Pakistan.

Even a poor farmer living on the street begging can be considered middle class by India. Actually anyone earning more than 10 Rs in India is middle class.

Out of curiosity, What you do for a living??

 

[Gibbs]

I think you don't understand what GINI coefficient means.

GINI coefficient is measure of income inequality that exist in a country. It has no direct relation with Per Capita income.

Since you were making a point that income inequality is extreme in India , in this post:

I do not understand how would you justify India having more equitable income distribution than both your parent country and adopted country.

No it does'nt.. Individual wealth is per capita income of a country.. It is possible for the Gini coefficient of a developing country to rise (due to increasing inequality of income) while the number of people in absolute poverty decreases. This is because the Gini coefficient measures relative, not absolute, wealth

And if anybody thinks that Australia a developed country with a per capita income of $67,000 + is worse off in wealth distribution than India, A country that has a population living under abject poverty larger than sub saharan Africa, Need to get his head examined.. Seriously

Btw i'd await some sensible poster to counter my argument with factual reasons not satire

 

[Lord ZeN]

India per capita income.. $ 1497.. All according to WB stats (2014)

Btw both Bangladesh (per capita income of $1,693) and the Netherlands (per capita income of $42,183) had an income Gini index of 0.31 in 2010 (Gini can also be calculated from 0 to 100 or 0 to 1).. So really it is you who need to understand what exactly some of these indexes mean without face value

I agree with you but BDians don't have a higher pci than Indians.

• GDP per capita: India : $1,808 (Nominal: 2015)
• GDP per capita: Bangladesh : $1,190 (nominal: 2014)
• GDP per capita: Pakistan : $1,312 (nominal : 2015)

 

[anonymus]

And if anybody thinks that Australia a developed country with a per capita income of $67,000 + is worse off in wealth distribution than India, A country that has a population living under abject poverty larger than sub saharan Africa, Need to get his head examined.. Seriously

Btw i'd await some sensible poster to counter my argument with factual reasons not satire

But this is exactly what statistics say.

Australia has GINI coefficient of 68.4 vs 33.6 of India. This exactly means that Australia is worse off in wealth distribution than India. It has no other meaning.

Either your butthurt/hatred is clouding your reasoning capability, or you are English fail too, apart from being Economics fail.

 

[Guynextdoor2]

Problem is that the Indian govt sees those who are barely earning a cent in India as poor and those that are earning more than a cent as middle class.

If you filter Indians who actually have a good life style and what would be called middle class by you and me, there's only about 60-70 million of those.

View attachment 220129

This is not MIDDLE CLASS , okay Indian?

Problem is that neither Pakistan's people or it's people are concerned with Chronic poverty in Pak.

 

[Lord ZeN]

Pakistan should use Vedic math to calculate their GDP.

Naa .. they are pretty comfortable with ancient Chinese math.

 

[Gibbs]

I agree with you but BDians don't have a higher pci than Indians.
View attachment 220393

Thanks.. And i stand corrected on Bangladesh's GDP per capita..

But this is exactly what statistics say.

Australia has GINI coefficient of 68.4 vs 33.6 of India. This exactly means that Australia is worse off in wealth distribution than India. It has no other meaning.

Either your butthurt/hatred is clouding your reasoning capability, or you are English fail too, apart from being Economics fail.

Yep.. Anybody with an iota of intelligence in the forum could clearly see that.. Brilliant reasoning.. Mr. Modi should hire you as his economist.. India will have a superb future..

 

[Lord ZeN]

Pakistan should use Vedic math to calculate their GDP.

Naa .. they are pretty comfortable with ancient Chinese math to calculate their 230 billion GDP.

Problem is that neither Pakistan's people or it's people are concerned with Chronic poverty in Pak.

--
Things like poverty ,utter lawlessness & economic collapse don't matter much to them. They are only worried about India and our problems. But that shouldn't be a surprise at all. These were the people who said they are even willing to eat grass if it meant that they could take down India ..lolzz.

Making these kind of threads are the favorite pass time of PDF Pakistanis

Poverty in India
Rape in India
Sanitation problems
Evil RSS
Evil Modi
Evil BJP
Indian Army in J&K
Evil Hindus
Communal riots in India
Oppression of Muslims
Homelessness in India
Evil Cow
Final Jihad with India
Warnings given to India
--

 

[nForce]

Naa .. they are pretty comfortable with ancient Chinese math.

-
Things like poverty ,utter lawlessness & economic collapse don't matter much to them. They are only worried about India and our problems. But that shouldn't be a surprise at all. These were the people who said they are even willing to eat grass if it meant that they could take down India ..lolzz.

Making these kind of threads are the favorite pass time of PDF Pakistanis

Poverty in India
Rape in India
Sanitation problems
Evil RSS
Evil Modi
Evil BJP
Indian Army in J&K
Evil Hindus
Communal riots in India
Oppression of Muslims
Homelessness in India
Evil Cow
Final Jihad with India
Warnings given to India

lol.. I like that Evil cow thing!! hahaha

Enjoy!

 

[anonymus]

Yep.. Anybody with an iota of intelligence in the forum could clearly see that.. Brilliant reasoning.. Mr. Modi should hire you as his economist.. India will have a superb future..

When you are a low IQ Burger, not only are you incapable of understanding the meaning of a basic economic indices, but you also insist that your faulty derivation from a crippled understanding is correct.

Here:

The Gini coefficient is a measure of statistical dispersion intended to represent the income distribution of a nation's residents, and is the most commonly used measure of inequality.

A Gini coefficient of zero expresses perfect equality, where all values are the same (for example, where everyone has the same income). A Gini coefficient of one (or 100%) expresses maximal inequality among values (for example, where only one person has all the income or consumption, and all others have none).

Now by very definition of GINI Coefficient : "Greater the GINI coefficient, worse is that group in Wealth distribution".

So when Australia has GINI coefficient of 68.4 vs 33.6 of India,it means that Australia is worse off in wealth distribution than India.This is basic definition of GINI coefficient.


I think any poster with an iota of intelligence would understand it. Hatred has blinded you to such an extent that you could not even understand basic English sentence.

 

[Luca1]

The situation is not so grim as you think. Our poverty has substantially reduced in last few years. Do you know our GDP in PPP has increased to 7.7 TR USD from 4.5 Tr USD since 2011. Look what World bank has to say about poverty of India.

India's poor may shrink 75% by new World Bank formula | Business Standard News

Decrease the number of poor by new math... LOL

 

[metronome]

Decrease the number of poor by new math... LOL