782mn Indians would be living on under $2 a day by 2015:WB-IMF

Lalit K Jha
Washington, Apr 23 (PTI) A whopping 782 million
Indians will be living on less than two dollars a day by 2015,
a joint report by the World Bank and International Monetary
Fund said here Friday.
The report titled 'Global monitoring report 2010:
The MDGs after the crisis, however said the number of poor
Indians living on less than two dollars would moderately
decline to 686 million by 2020. But the report adds that by
the turn of the next decade as many as 268 million Indians
would be living on less than 1.25 dollars a day, while in 2015
the figure would be 295 million.
These figures, however, are almost double the revised
number of the poor in the country which is pegged at around
400 million.
The report says China reduced its poverty rate from 60
per cent to 16 per cent, as the absolute number of extremely
poor fell from 683 million to 208 million between 1990 and
2005.
On the other hand, "India reduced the share of its
population living in poverty from 51 per cent to 42 per cent,
but because of population growth, the number of poor people
actually rose from 436 million to 456 million (between 1990
and 2005)," it said.
With the pre-crisis surge of growth in the Sub-Saharan
Africa nations, the proportion of Africans living on less than
1.25 dollars a day fell from 58 per cent in 1990 to 51 per
cent in 2005, but the absolute number of the poor rose from
296 million to 388 million. Despite Africa's recent progress,
the pace of economic growth is still not fast enough there to
cut the 1990 poverty rate by half in 2015, it said.
The new analysis of maternal deaths in 181 countries
found a significant decline globally, with the aggregate
maternal deaths decreasing by over 35 per cent from about
526,300 in 1980 to 342,900 in 2008.
More than half of all maternal deaths are concentrated
in six countries-- India, Nigeria, Pakistan, Afghanistan,
Ethiopia, and Congo.
"All told, maternal deaths for every 1,00,000 live
births decreased markedly from 422 in 1980 to 320 in 1990 and
to 251 in 2008. The yearly rate of the decline in the global
maternal mortality ratio since 1990 was 1.3 per cent
(with an uncertainty range of 1.0-1.5)," it said.
With regard to poverty reduction, the report said, "the
two large countries, China and India, are exceptions in the
sense that, despite their starting points in income and
poverty rates, poverty reduction has been rapid not just
because of the high growth rates but also because the
poverty gap and the average income distance from the poverty
line have been relatively low." PTI LKJ
KAB


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