Quote from: Bitcoin Smith on December 09, 2023, 02:34:17 PM

Quote from: Bureau on December 09, 2023, 12:32:20 PM

Our Finance Minister Nirmala ji came up with a number and that was 135 million Indians are out of poverty in the last 5 years. She said it in the Parliament while replying to a question asked by the opposition. Now, my question is do you guys think in the last 5 years India has made so much progress that a big number of Indians have been rooted in the middle class? My next question to you guys is, do you see changes happening around you in the last 5 years?

Isn't that obvious because the government set such a funny requirement who make monthly pay of Rs.1300 in urban areas and Rs.1060 in rural areas are considered as above poverty line. So I won't be surprised even if the government claims 100% of India is living above the poverty line.

Well, according to world reports India is doing very poor like 111th rank in hunger out of 125 countries.

Happiness Index 126th our 136.

Employment rate 45%.

That is correct! Even if India reaches at the fifth position in the global economy list, you can easily see the GDP per capita is quite low. But at the same time, India houses the richest man in Asia. So the main problem for India is the wealth distribution. This huge amount of inquality needs to be solved first. With the current social structure and bureaucratic systems, it is never going to happen.

Also India's population is very young compared to many other countries. The average age of the population is only 28. Can you understand what kind of social unrest will happen if this huge amount of population is not able to find a mean of living! Do not always trust what the government says. India is still an under developed country and we have a long way to go.