Wednesday, September 21, 2011

India's poverty drops to zero. Nobody is poor

I was so happy to read news that while I was away from India, suddenly all the poor folks of India were alleviated the pains of starvation. This miracle was done not by providing education/training or creating jobs. Neither this feat was achieved by increasing the productivity of resources. And of course, charity is not a solution hence the poor were not provided with food or shelter. Not at all. In fact, doing any of the above would take too much of sincere effort and time.
In fact this magic was achieved by simply changing the definition of 'who is poor'.


Do you know any family who spends less than Rs 32/day/person or (32 x 30=) Rs 960/month/person? Only they can be considered poor as per this new definition. As per that, a family of four would be spending less than Rs 3840/month. I do not know any family who can stay healthy/educated/alive with Rs 3840/month in urban India.
The spend figure includes all types of spend (food, house rent, clothes, fuel, conveyance, others). Interesting analysis by the analysts of TOI around what would be approximate spend for each of the daily needs as per the definition -
Rs Daily needs
5.5 cereals per day
1.02 pulses per day
2.33 milk per day
1.55 edible oil per day
1.95 vegetables per day
0.44 fruits per day
0.70 sugar per day
0.78 salt and spices per day
1.51 other foods per day

3.75 fuel to run the kitchen per day

49.10 rent AND conveyance per month

39.70 Healthcare per month

29.60 Education per month
61.30 Clothing per month
9.6 Footwear per month
28.80 Other personal items per month

Brilliant idea to eradicate poverty :)

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