causes of poverty in india
Despite the country's meteoric GDP growth rate (about 9%), poverty in India is still pervasive; especially in rural areas where 70% of India’s 1.2 billion population live.
It is one of the fastest growing economies in the world and yet its riches are hardly redistributed across the population.
It spends only 1% of its GDP on health, which is half that of China, who is already planning on increasing that by… a substantial amount (ok, 3 to 4% if you must know).
While we’re comparing public expenditure, contrast this with Russia and Brazil, whose spending on health is around 3.5% of their respective GDPs.This is all due to our curropt political leader