India’s Extreme Poor Decrease From 125 Million In 2016 To 73 Million People In 2018: Study

The Logical Indian Crew India

June 29th, 2018 / 4:04 PM

India No Longer The Largest No Of Poor Study

Courtesy: Business TodayTimes Of India | Representational Image: Himalayan Times

A new study shows that Nigeria has the largest number of poor people in the world, overtaking India which was previously ranked first. The study was published by US-based think tank Brookings.

The study, titled “The start of a new poverty narrative” in the Future Development blog of the World Bank’s Brookings Institute is authored by Homi Kharas, Kristofer Hamel and Martin Hofer. Nigeria with 87 million people living in extreme poverty, has overtaken India which has 73 million people. The report also said that the Democratic Republic of Congo could soon take the second place, pushing India further down to the third position.

The study notes, “What is more, extreme poverty in Nigeria is growing by six people every minute, while poverty in India continues to fall.”


brooking
Source Brookings

The detailed methodology behind these projections can be found here. Basically, people living below the threshold of $1.90 per day in 2011 PPP (Purchasing Power Parity) terms are said to be living under extreme poverty.

The report also said that much is not being done to reduce poverty in African countries. The Sustainable Development Goals (SDGs) which were formally introduced on January 1, 2016, aims at bringing the extreme poverty to zero. Between 2016 and 2018, about 83 million have escaped from extreme poverty. The report says that when SDGs was implemented, there were 725 million people under extreme poverty and it was needed that 1.5 people are pulled out of extreme poverty every second to achieve the goal, however, we have been moving at the rate of only 1.1 people per second.


Contributors

Written by : Shraddha Goled

Edited by :

Related Stories

UN Report Poverty

India Lifted 271 Million People Out Of Poverty In 10 Years Between 2006 & 2016, Says UN Report

US Visa Applicants Social Media

US Visa Applicants Need To Submit 5-Year Social Media History For Extreme Vetting

Fifteen Million Cancer Patients By 2040

Cancer Set To Rise: 15 Million People To Need Chemotherapy By 2040, Estimates The Lancet Study

Smart City Allocation

Smart City, Not So Smart Allocation? Cities Given Average Of Rs 125 Cr Against Assured Rs 500 Cr

Cauvery Statue

Statue Building Spree: Karnataka Govt To Build 125 Ft Statue Of Mother Cauvery Costing Rs 1200 Cr

Traditional Wisdom India

India’s Traditional Wisdom In Coping With Extreme Weather

Latest on The Logical Indian

News

17 Telephone Exchanges Restored In Kashmir; Schools To Reopen On Monday

News

Rupee Becomes Asia’s Worst Performing Currency In August

Get Inspired

24-Yr-Old Scientist’s Journey From One-Room House In A Slum To One Of World’s Best University

Good Governance

Sports Minister Assures Support To 24-year-old Runner After His 100 Mtr In 11 Second Video Goes Viral

Get Inspired

This 28-Yr-Old Who Runs Queer Muslim Project Is Part Of UN Task Force On Gender Equality

Sponsored

From One Delivery Network to Another – Swiggy Helps Mumbai’s Dabbawalas Brave the Monsoon

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.