Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

economictimes.indiatimes.com

Post reply on HN
Print view View original

451–460 of 544 posts

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

#451

Post by fooker »

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 understand poverty statistics.

It is a relative thing..

You need a significantly higher amount of money in the UK to have a lower middle class lifestyle.

In India (and most other third world countries), that is readily achievable because of low living costs.

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

#452

Post by Bayart »

ChuckNorris89 wrote: post #444
antupis wrote: post #441

Earlier quoted context omitted.

Finland

Very interesting. A very basic house in Austria is over 500k and not in a hot location, while to my knowledge wages here are not higher than in Finland. How is a house so cheap in Finland? 200k is basically Eastern/Southern European house prices, where wages are lower. I feel like the insane housing prices here are not just related to nimbyism that restricts supply, but mostly to speculation driven by banking, politi…

In a rural but well maintained area in France, my parents bought recently an old family house for 80k (to which you have to add some renovation costs). In this area a brand new house with a good amount of land is 200-300k. In my own area, a new house is more along the lines of 500k. In any case those things are highly localized here, I imagine it's true in Austria as well (though the country is much smaller than either Finland or France).

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

#453

Post by highwaylights »

dlivingston wrote: post #312
vram22 wrote: post #284

Earlier quoted context omitted.

Father-in-law. Like BIL for Brother-in-law. Apropos, I've always wondered where the terms gf and bf, for girlfriend and boyfriend, came from, i.e. the West, or India. Wonder, because many such short forms come from or are unique to Indian English.

I mean, acronyms are pretty common to the modern English language in general. Is what you're talking about a bit different? Can you dive in a bit?

I don't know this, but I think the parent maybe meant the term boyfriend/girlfriend rather than the acronym?

It is strange to parse given that it means "person that I'm non-platonically involved with" (i.e. not simply friends).

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

#454

Post by Abishek_Muthian »

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.

Those companies have also aided in increasing the participation of Women in the IT industry and thereby increasing their enrollment into STEM education; India probably has the largest population of women in STEM.

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

#456

Post by ChuckNorris89 »

Bayart wrote: post #452
ChuckNorris89 wrote: post #444

Earlier quoted context omitted.

Very interesting. A very basic house in Austria is over 500k and not in a hot location, while to my knowledge wages here are not higher than in Finland. How is a house so cheap in Finland? 200k is basically Eastern/Southern European house prices, where wages are lower. I feel like the insane housing prices here are not just related to nimbyism that restricts supply, but mostly to speculation driven by banking, politi…

In a rural but well maintained area in France, my parents bought recently an old family house for 80k (to which you have to add some renovation costs). In this area a brand new house with a good amount of land is 200-300k. In my own area, a new house is more along the lines of 500k. In any case those things are highly localized here, I imagine it's true in Austria as well (though the country is much smaller than eith…

>In this area a brand new house with a good amount of land is 200-300k.

Which area of France is that?

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

#457

Post by Bayart »

ChuckNorris89 wrote: post #456
Bayart wrote: post #452

Earlier quoted context omitted.

In a rural but well maintained area in France, my parents bought recently an old family house for 80k (to which you have to add some renovation costs). In this area a brand new house with a good amount of land is 200-300k. In my own area, a new house is more along the lines of 500k. In any case those things are highly localized here, I imagine it's true in Austria as well (though the country is much smaller than eith…

>In this area a brand new house with a good amount of land is 200-300k. Which area of France is that?

In Limousin.

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

#458

Post by plibither8 »

rishav_sharan wrote: post #390
malshe wrote: post #368

Earlier quoted context omitted.

The report does not use any numbers your provided. They use Multidimensional Poverty Index (MPI). From the report: The global Multidimensional Poverty Index (MPI) is a key international resource that measures acute multidimensional poverty across more than 100 developing countries. First launched in 2010 by the oxford Poverty and Human development Initiative at the university of oxford and the Human development repor…

Thank you for correcting me there.

I appreciate the humility, but would suggest updating your original comment to reflect this, since it is one of the top comments on the page. If the edit button is not there, you can reach out to dang via email.

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

#459

Post by rocknor »

dartharva wrote: post #348
Pmop wrote: post #299

So they lifted almost twice my home country's population out of poverty in 15 years? That's impressive. Also, how did India got to have so many people?

India has always had so many people relative to the rest of the world. I don't think there is any point in history since the bronze age where India and China weren't the most populous places in the world.

It's sad to see how many people don't know this simple fact. India and China actually have a smaller share of the world population now (around 1/3). In most of human history it was bigger [1]

It would've been even smaller if it wasn't for the devastating consequences of European imperialism. These countries were left in a piss poor state, lack of education and healthcare etc, resulting in a long period of high birth rates with exponential growth.

Check the graph below [2] you can clearly where most damage happened, during the main occupation period (1850s to 1950s). Britain had falling birth rates (prosperity) but they were constantly high in India (poverty). Birth rates have been on a steep decline only after independence. Yet empire apologists somehow claim that it was a net good for India :)

[1] https://ourworldindata.org/grapher/population-by-country

[2] https://www.gapminder.org/tools/#$model$markers$line$data$fi...

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

#460

Post by spaceman_2020 »

ciphol wrote: post #417
spaceman_2020 wrote: post #204

Earlier quoted context omitted.

India’s physical infrastructure has honestly fallen way, way behind our digital infrastructure. Absurd that I can go a month in India without ever using cash or cards, order everything I want from anywhere and have it delivered within a day (or even minutes), yet it can sometimes take me 45 minutes to travel 3k and that my car’s suspension breaks down at 50k kilometers because there is no public transport and the roa…

India's going on a massive metro rail spree and also massively improving intercity rail. Things are significantly improving, though there will always be traffic in a city the size of Delhi or Mumbai.

Eh, that has been ongoing forever. Most projects are grossly delayed and over budget. Not a single metro outside of Delhi has any appreciably large metro rail system. Many have been in development for a decade. Projects get routinely stuck in political gridlock or because the builder went bankrupt.

The Bangalore metro project started in 2011. In over a decade, they've managed a paltry 56km of active rail lines - an average of 5km/year. Meanwhile, the city hasn't even had a master plan since 2016 and every government department works on its own without any collaboration whatsoever (resulting in disasters such as railway stations without any proper bus connectivity).

India's bureaucracy and polity will keep holding our infrastructure hostage.

Post reply on HN