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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


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    Oct 29 2013: i would not consider 9% growth as a miracle. first, even if the measurement is accurate, it means that the doubling time of the income of a person is approximately 8 years. considering that the income is now at 1/20 of the western world, you need to double more than 4 times before you reach it. that is 32 years. recently, india's growth is down to about 4%, which makes that number 70 years.

    but alas these numbers are highly fabricated, and all sort of government waste is added to it. in india, the participation of the government in the economy is growing, which forecasts a halt in private growth, and eventually a halt in combined growth as well.

    that happens if you add the producers' and the thieves' income together, and call it a measurement of prosperity.

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