'The gap between the rich and the poor in India'

According to a survey by the Institute of World Economics Development Rsearch (extended), there is not much economic difference between rich and poor Indians Indians. Well, at least not of world standards. The top 10 percent of the richest Indians are 7.3 times richer than the 10 percent poorest, but also other nations fare

worse.

The rich in countries like Brazil

are 57.8 times richer than the poor, and the report for the United Kingdom is 13 / 8 time, the United States nearly 15 / 9 times, China 18 / 4 times and Russia 12 / 7 times. More frightening - the top ten percent of the Bolivian population is 168 times richer than the 10 percent poorest! The report is for Namibia and Lesotho 129 times 129 times.

One reason for Indians to Gloat?

Not really. May we have a better distribution of incomes

here, but per capita income in India is so low that the bottom 10 per cent are close to hunger and without access to education (or hope), which is the only through they can better their lives. Therefore, we compared the developed world, or even the second country in the world such as Brazil is of no use.

A look at the $ PPP (purchasing power parity) of different countries (for a more detailed explanation of PPP $ and $ PPP all over the world are here.

India, according to data from the CIA World Factbook, a PPP of $ 3700, while countries like the United States is on track to the future of 43,500 dollars and the United Kingdom over 31,400. Brazil is also higher than us on 8600 dollars. So even if the top ten percent of the population in the United States obscene rich, the poor, not so poor that the poor in India. Well, we knew, I appreciate, the Oprah Winfrey Show! In one and the poster, she showed us, “poor” in America. Looking at the faces already Plump, a question of whether these people knew what was true poverty. Poverty United States standards does not have enough food. It does not mean, of hunger. He served, not with a car and depending on social security. Perhaps homeless and are now back in public shelters.

A comparison with China seems more valid. China’s $ PPP is a little over India at $ 7600 (not including Hong Kong), which show that wealth, see Chinese cities is not uniformly distributed. Rural China needs to be done very badly, as poor as India … Perhaps poorest. Towns in China in color and costly mail (they were selling the same brands of India at a higher price 15-20 per cent) are a clear indication that urban Chinese have more money than Indians urban. But the differences between rich and poor is almost three times larger than India! China is growing at over 10 per cent, at least currently, but they do not seem to be under the arms along. Perhaps their fixed … because their growth has been and is much too fast, faster than the Indians, and people have not caught up. Their child policy but was able to see it. (Wiki: $ PPP is calculated by the final value of all goods and services produced within a nation in a year divided by the average population of the same year).

In India we charge with a large and growing population. As a democratic nation, we can not drive the child policy the Chinese government. Millions of people in our country and women is not yet born is doomed to poverty. On the other hand, China plans to double its GDP and its population halved! Wow.

The articles, give the impression that India leaves the poor economic reality are only to a limited extent. Our poverty line has declined, and part of our arms, the economic ladder to the middle class (300 million today). It is also at the poverty in our country to mitigate the fact is that we are not so bad that many other countries. At least not when compared to a fast growing economy like China.

However, there are economists, show that the gap between rich and poor in India is growing … but the example of Japan shows it is possible to have a developed economy and do you bridge the gap between rich and poor at a reasonable level.

The top 20 percent of the richest Japanese are about 4.5 times richer than the 10 per cent lower. PPP and $ 33,100 in Japan. A very high average income, but income distribution is evenly distributed than in the U.S. or UK.

I am not an economist, but I can not help but wish that we can go to Japan. Go to our poor so rich that at least one quarter of the money that rich. Like a utopia, but we can do, if we can revise our educational system and controlling our population. Tomorrow maybe not, but his goal, a goal.