Wednesday, February 10, 2010

Indian Poverty Line – Suresh Tendulkar Committee

According to the Suresh Tendulkar Committee released recently, the poverty line in India is upgraded from Rs. 356.30 (rural) and Rs. 538.60 (urban) per capita per month to Rs. 446.68 (rural) and Rs. 578.80 (urban) per capita per month for 2004-05. The International poverty line (WB) is US $1.25 per day for 2005. More than a billion poor people are there in the world today! Not very good news.

Developed countries and developing countries should minimize their spending on war heads, purchase of weapons and space activities and focus on the billion of poor to provide them with food, some shelter and clean drinking water.

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