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Various poverty lines and resulting percentage of BPL population Method Line Figure % of poor population Poor population World Bank (2021) poverty line 1.90 (PPP $ day) 6 84m [7] lower middle-income line 3.20 (PPP $ day) 26.2 365m [7] upper middle-income line 5.50 (PPP $ day) 60.1 838m [7] Asian Development Bank (2014) poverty line
In its annual report of 2012, the Reserve Bank of India named the state of Goa as having the least poverty of 5.09% while the national average stood at 21.92% [7] The table below presents the poverty statistics for rural, urban and combined percentage below poverty line (BPL) for each State or Union Territory. [7]
About 692 million people globally were in this situation in 2024. [8] The second table lists countries by the percentage of the population living below the national poverty line—the poverty line deemed appropriate for a country by its authorities. National estimates are based on population-weighted subgroup estimates from household surveys.
Nearly 135 million people, around 10% of India's population, escaped poverty in the five years to March 2021, a government report found on Monday. Rural areas saw the strongest fall in poverty ...
J-PAL was founded in 2003 as the "Poverty Action Lab" by Abhijit Banerjee, Esther Duflo, and Sendhil Mullainathan, all of the economics department at the Massachusetts Institute of Technology. [4] Initial funding for the research center was approved by MIT economics department chair Bengt Holmström in an effort to convince Duflo and her ...
India, in 2019 has about 2.7% [1] population under poverty level and is no longer holding the largest population under poverty level, considering Nigeria and Congo. [2] On the other hand, the Planning Commission of India uses its own criteria and has estimated that 27.5% of the population was living below the poverty line in 2004–2005, down ...
The report "Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj" by Thomas Piketty and colleagues highlights several important aspects of inequality in India. By 2022-23, the top 1% of the population controlled 22.6% of the national income and 40.1% of the nation's wealth, marking historically unprecedented levels.
Homelessness is in part a direct result of families migrating from rural to urban cities and urbanization. [12] Migration to urban areas can occur for a variety of reasons ranging from loss of land, need for sustainable employment, lack of clean water and other resources, and in some cases like the Bargi Dam Project, loss of all property and complete displacement. [13]