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India lifted 415M out of poverty in 15 years, says UN

economictimes.indiatimes.com

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Re: India lifted 415M out of poverty in 15 years, says UN

#191

Post by BurningFrog »

atentaten wrote: post #158

> India lifted 415M out of poverty in 15 years, says UN At what costs? I've heard this narrative before as it has happened in many Western countries and it is continuing to happen in China. I don't have the answer, but I always wonder about the costs of lifting so many people out of poverty, for example, there could be costs related to: environment, quality of life, traditions and values, mental health, etc. Along wi…

> I wonder how did they get into poverty in the first place

Humanity has always, by current standards, been dirt poor and living near starvation levels.

The last 250 years of industrialism has changed that enormously.

To answer your question, they got into poverty because they had always lived in poverty, since the dawn of time.

Re: India lifted 415M out of poverty in 15 years, says UN

#192

Post by rajeshp1986 »

jialutu wrote: post #145

I am really baffled by this claim, since I've been observing the Global Hunger Index for a while, where India has consistently fared worse than even DPRK (North Korea), and is almost the same level as Afghanistan, a country that has been at war for 20 years. https://www.globalhungerindex.org/ I am not sure if these 2 reports are contradictory, or whether they are in agreement with each other (since the GHI score for…

The reason for this is the population is so large that absolute numbers will be still very high. There are still millions of people that need to be lifted.

Re: India lifted 415M out of poverty in 15 years, says UN

#193

Post by bmmayer1 »

janef0421 wrote: post #182
bmmayer1 wrote: post #12

Earlier quoted context omitted.

China's unprecedented generational explosion into the middle class happened only after Deng Xiaoping instituted market reforms. Economically, China is certainly more socialist than the west, but far more capitalist than it was in the 1970's. Same with USSR/Russia, post-communism.

Market reforms are not intrinsically capitalist.

Yes but these were. https://en.wikipedia.org/wiki/Chinese_economic_reform#:~:tex....

Re: India lifted 415M out of poverty in 15 years, says UN

#195

Post by pvsukale3 »

spaceman_2020 wrote: post #3

One of the best things about living in India is watching families move from lower or lower-middle class to middle-class status. Usually, all it takes is someone from the family landing a white-collar job. While the tech bodyshops (TCS, Infosys, etc.) might have a poor reputation in the US, these companies have been absolutely critical in helping move tens of millions into middle-class respectability.

I have personally seen this transition. Some folks who started from tier 2 cities got access to white collar jobs because of MNCs like TCS, Infosys. Now they have improved skillset through Internet courses and are now working on much higher pay at product companies.

MNCs are essentially doing what colleges fail to do in India. Teaching people how to code, talk to clients and bring them into formal employment.

Re: India lifted 415M out of poverty in 15 years, says UN

#196

Post by bergenty »

damagednoob wrote: post #36

I don't understand poverty statistics. With this news, the UK now has more people living in poverty than India (16% vs 22%?). If it is valuable to judge poverty on relative income, you would think the rational course of action would be mass immigration from the UK to India but that is clearly not the case.

I don’t know the answer but I’m sure they’re defined differently. Poverty in India means making less than $1.90 dollars a day. By those standards the UK would have zero poverty so their numbers are clearly self defined at a much higher standard than the UNDP global standard.

Re: India lifted 415M out of poverty in 15 years, says UN

#197

Post by joenot443 »

umeshunni wrote: post #163
joenot443 wrote: post #14

Do millennial and gen-z Indians have a similarly skeptical view towards capitalism held by so many young people in NA and the EU? I had a friend tell me the other day that I couldn't be anti-racist if I wasn't anti-capitalist, because capitalism is by inherently racist. Ever since 2018 or so it seems as if anti-capitalism has become part of the mainstream progressive Western viewpoint, while I don't remember that bei…

> I had a friend tell me the other day that I couldn't be anti-racist if I wasn't anti-capitalist, because capitalism is by inherently racist. I think you need to get more educated friends.

FWIW, she has a Masters in French Lit from one of our relatively well-respected schools, but obviously I completely disagree with her on most political topics. These kinds of stances are more common than you'd think in Canadian academic circles.

Re: India lifted 415M out of poverty in 15 years, says UN

#198

Post by pvsukale3 »

TremendousJudge wrote: post #92
anthropodie wrote: post #79

Earlier quoted context omitted.

Those millions who moved to middle class are also helping the layer below them. These lifted households are spending their wealth on house helps, local grocery stores, taxis/autos and a whole lot of other local businesses. This trickle down effect then boosts development in cities where these IT hubs are located. Even more students then want to join these IT companies and enjoy the lifestyle of their seniors thus con…

You seem to be close to the situation. Do you think Indian Walmart is a future inevitability?

Yes, there is a company called Dmart and they are doing really well. Recently one opened in my area and local shop owner mentioned that it is killing their business. People are flocking to Dmart for discounts.

Re: India lifted 415M out of poverty in 15 years, says UN

#199

Post by ginger2016 »

Qtips87 wrote: post #194

Quoted post unavailable.

This opinion is offensive. India is a functioning democracy. Your claim is that the people who vote are lower caste and upper caste won’t vote hence democracy is invalid. Are you suggesting democracy is only valid if upper caste people vote?

Re: India lifted 415M out of poverty in 15 years, says UN

#200

Post by spaceman_2020 »

dirtyid wrote: post #120
anthropodie wrote: post #79

Earlier quoted context omitted.

Those millions who moved to middle class are also helping the layer below them. These lifted households are spending their wealth on house helps, local grocery stores, taxis/autos and a whole lot of other local businesses. This trickle down effect then boosts development in cities where these IT hubs are located. Even more students then want to join these IT companies and enjoy the lifestyle of their seniors thus con…

I think in a few years India will find focusing on middle class is not enough. There's finite demand for domestic+outsourceable white collar jobs for 1.4B internal market + ~400M English speakers around the world. PRC has 10s of millions of white collar jobs + 100s of millions of manufacturing that pays better than trickle down housesitting, but there's still 100s of millions more stuck in informal economy while both…

Agree completely. We’ve tapped out our services potential. We now need large scale manufacturing. Income inequality and unemployment are very real problems, and its only getting worse. Only manufacturing can create those kind of jobs at scale.
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