There are only 55 billionaires in India

[lamlap]

600 billionaires in Africa
The World's Billionaires 2011:The India story - Forbes

 

[Kevrai]

600 billionaires in Africa????

you should lay of the opium mate!

 

[Pakistanisage]

55 Billionaires and 450 Million dirt POOR Paupers. This is a prescription for a disaster because of widening gap between haves and have nots.

 

[53fd]

600 billionaires in Africa????

you should lay of the opium mate!

I can tell you've never visited Africa before. I have lived in Nigeria for 4 years, & my dad is currently stationed in Ghana. The sheer number of rich, corrupt people in Nigeria who have their money deposited in the UK (London) is astonishing. The rest of Africa is similar as well. Africa is an extremely rich continent, blessed with abundant natural resources, & a select few are ****** rich at the expense of the common African.

 

[NirmalKrish]

55 Billionaires and 450 Million dirt POOR Paupers. This is a prescription for a disaster because of widening gap between haves and have nots.

Poverty in Pakistan

Poverty in Pakistan is a continued source of concern.[citation needed] Although the middle-class has grown in Pakistan to 40 million(Account Suspended)[1] nearly one-quarter of the population is classified poor as of October 2006.[2] As of 2007-08, 17.2% of the total population lived below the poverty line, which is the lowest figure in the history of Pakistan.[3] The declining trend in poverty as seen in the country during the 1970s and 1980s was reversed in the 1990s by poor federal policies and rampant corruption.[4] This phenomenon has been referred to as the poverty bomb.[5] government of Pakistan with help from the International Monetary Fund (IMF) has prepared an Interim Poverty Reduction Strategy Paper[6] that suggests guidelines to reduce poverty in the country.

As of 2009, Pakistan's Human Development Index (HDI) is 0.572, higher than that of nearby Bangladesh's 0.543, which was formerly a part of the country itself. Pakistan's HDI still stands lower than that of neighbouring India's at 0.612.[7]

Incidences of poverty in Pakistan rose from 22–26% in the fiscal year 1991 to 32–35% in the fiscal year 1999. They have subsequently fallen to 25–26% according to the reports of the World Bank and the UN Development Program reports. These reports contradict the claims made by the Government of Pakistan that the poverty rates are only 23.1%.[2] Furthermore, the poverty rate declined to 17.2% in 2007-08 according to the World Bank.[8]

According to the Human Development Index (HDI), 60.3% of Pakistan's population lives on under $2 a day, compared to 75.6% in nearby India and 81.3% in nearby Bangladesh,[9] and some 22.6% live under $1 a day, compared to 41.6% in India and 49.6% in Bangladesh[10]

Wealth distribution in Pakistan is highly uneven, with 10% of the population earning 27.6% of income[11] According to the United Nations Human Development Report, Pakistan's human development indicators, especially those for women, fall significantly below those of countries with comparable levels of per-capita income. Pakistan also has a higher infant mortality rate (88 per 1000) than the South Asian average (83 per 1000).[12]

Poverty in Pakistan - Wikipedia, the free encyclopedia

I GUESS Pakistan is no better, so you don’t have a right to say that there is a deep division in the distribution of wealth in India, cause it about the same in your country. Look at yourself in the mirror before commenting on other’s appearances. So what at least we have billionaires in our country and prosperity exists same can’t be said about Pakistan can they? Grow up instead of acting like a frig gin child.

 

[KS]

55 Billionaires and 450 Million dirt POOR Paupers. This is a prescription for a disaster because of widening gap between haves and have nots.

Wow that was rich, very rich .

 

[DESERT FIGHTER]

Poverty in Pakistan

Poverty in Pakistan is a continued source of concern.[citation needed] Although the middle-class has grown in Pakistan to 40 million(Account Suspended)[1] nearly one-quarter of the population is classified poor as of October 2006.[2] As of 2007-08, 17.2% of the total population lived below the poverty line, which is the lowest figure in the history of Pakistan.[3] The declining trend in poverty as seen in the country during the 1970s and 1980s was reversed in the 1990s by poor federal policies and rampant corruption.[4] This phenomenon has been referred to as the poverty bomb.[5] government of Pakistan with help from the International Monetary Fund (IMF) has prepared an Interim Poverty Reduction Strategy Paper[6] that suggests guidelines to reduce poverty in the country.

As of 2009, Pakistan's Human Development Index (HDI) is 0.572, higher than that of nearby Bangladesh's 0.543, which was formerly a part of the country itself. Pakistan's HDI still stands lower than that of neighbouring India's at 0.612.[7]

Incidences of poverty in Pakistan rose from 22–26% in the fiscal year 1991 to 32–35% in the fiscal year 1999. They have subsequently fallen to 25–26% according to the reports of the World Bank and the UN Development Program reports. These reports contradict the claims made by the Government of Pakistan that the poverty rates are only 23.1%.[2] Furthermore, the poverty rate declined to 17.2% in 2007-08 according to the World Bank.[8]

According to the Human Development Index (HDI), 60.3% of Pakistan's population lives on under $2 a day, compared to 75.6% in nearby India and 81.3% in nearby Bangladesh,[9] and some 22.6% live under $1 a day, compared to 41.6% in India and 49.6% in Bangladesh[10]

Wealth distribution in Pakistan is highly uneven, with 10% of the population earning 27.6% of income[11] According to the United Nations Human Development Report, Pakistan's human development indicators, especially those for women, fall significantly below those of countries with comparable levels of per-capita income. Pakistan also has a higher infant mortality rate (88 per 1000) than the South Asian average (83 per 1000).[12]

Poverty in Pakistan - Wikipedia, the free encyclopedia

I GUESS Pakistan is no better, so you don’t have a right to say that there is a deep division in the distribution of wealth in India, cause it about the same in your country. Look at yourself in the mirror before commenting on other’s appearances. So what at least we have billionaires in our country and prosperity exists same can’t be said about Pakistan can they? Grow up instead of acting like a frig gin child.

Thread is about india... and the pathetic troll drags in Pakistan and his source is wikipedia... What a genius... LMAO @ you bhartis.

 

[53fd]

Part of your post:

According to the Human Development Index (HDI), 60.3% of Pakistan's population lives on under $2 a day, compared to 75.6% in nearby India and 81.3% in nearby Bangladesh,[9] and some 22.6% live under $1 a day, compared to 41.6% in India and 49.6% in Bangladesh[10]

And income inequality is farrrrrrrrr less in Pakistan as compared to India.

 

[NirmalKrish]

Thread is about india... and the pathetic troll drags in Pakistan and his source is wikipedia... What a genius... LMAO @ you bhartis.

I suggest if you can’t read go get your eyes checked and get glasses or please educate yourself. The threads topic is about billionaires in India not poverty in India. It’s your fellow countryman that brought India to the picture, discussing poverty because he could not stand the *** burning that there is not any scope of Pakistanis to become billionaires. uneducated Pakistanis never fails to amaze me.

---------- Post added at 11:45 AM ---------- Previous post was at 11:44 AM ----------

Part of your post:



And income inequality is farrrrrrrrr less in Pakistan as compared to India.

take a note of the population difference

 

[kas786]

This isn't something new, it's everywhere.
Look at the statistics for U.S.

 

[53fd]

take a note of the population difference

I am talking in percent & 'per capita' terms

 

[NirmalKrish]

I am talking in percent & 'per capita' terms

Everything is interrelated higher the population the higher rate of poverty and inequality due to constraints on the resources and administration oF resources, NOT to mention politics that come into play. Look the demographics of the situation in a larger perspective you will understand what I am talking about.

 

[53fd]

Everything is interrelated higher the population the higher rate of poverty and inequality due to constraints on the resources and administration or resources and politics that come into play. Look the demographics of the situation in a larger perspective you will understand what I am talking about.

If that is true (that higher the population the higher the poverty rate & inequality), then why is China better than India & Pakistan on all these fronts?

 

[NirmalKrish]

If that is true (that higher the population the higher the poverty rate & inequality), then why is China better than India & Pakistan on all these fronts?

Can’t speak on behalf of the Chinese government, but from what I know is that we live in a democracy which is rampant with corruption. This is the biggest drag beneath our wings when we try to take off, whereas china is a communist regime ruling the citizens with an iron fist one sane thing Chinese leaders have regardless is the notion to develop infrastructure and provide basics for the population which is of benefit but the tradeoff is their freedom to some extent. We are where china was 10 years ago but following a democratic principal. There are many reforms that need to be made in Indian politics once that is done I hope that we can pull many more millions out of poverty that what we are currently doing. No system is perfect.

 

[DESERT FIGHTER]

I suggest if you can’t read go get your eyes checked and get glasses or please educate yourself. The threads topic is about billionaires in India not poverty in India. It’s your fellow countryman that brought India to the picture, discussing poverty because he could not stand the *** burning that there is not any scope of Pakistanis to become billionaires. uneducated Pakistanis never fails to amaze me.

Im probably more educated than some random indian troll with a dude with an axe in his hands,)in his avatar).... so spare me the BS.

As for billionaires.. well i can count a few and a much bigger middle class in Pakistan and much less poverty rate.