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Revision as of 13:06, 17 September 2006
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Poverty in the world
Poverty in India
75-80% of Indians live above the poverty line, especially the middle class, upper middle class, and the upper class. The income in all three of these classes has constantly been increasing in the last 3 years, and at a much faster rate than the inrease in income of the poor and the lower class, which has increased income inequality over the last 25 years: The richest 10% in India now control more than 40% of all income, while the poorest 20% only earn 8.1%. However, poverty is constantly decreasing, and so is the now less than 5% of Indians who live on no more than US$2 a day,or about 50 million people.