{"id":12414,"date":"2021-07-15T17:04:06","date_gmt":"2021-07-15T11:34:06","guid":{"rendered":"https:\/\/triumphias.com\/blog\/?p=12414"},"modified":"2023-04-07T10:49:05","modified_gmt":"2023-04-07T05:19:05","slug":"how-india-remains-poor-it-will-take-7-generations-for-indias-poor-to-reach-mean-income","status":"publish","type":"post","link":"https:\/\/triumphias.com\/blog\/how-india-remains-poor-it-will-take-7-generations-for-indias-poor-to-reach-mean-income\/","title":{"rendered":"How India remains poor: \u2018It will take 7 generations for India\u2019s poor to reach mean income\u2019"},"content":{"rendered":"

How India remains poor: \u2018It will take 7 generations for India\u2019s poor to reach mean income\u2019<\/strong><\/h1>\n

Relevance :<\/strong><\/span><\/p>\n

G.s paper ii: Governance: issues related to poverty and hunger<\/strong><\/span><\/p>\n

Sociology paper i:<\/strong><\/span><\/p>\n

Stratification and Mobility:<\/strong><\/span><\/p>\n

Concepts- equality, inequality, hierarchy, exclusion, poverty and deprivation.<\/strong><\/span><\/p>\n

Challenges of Social Transformation:<\/strong><\/span><\/p>\n

Sociology paper ii: Poverty, deprivation and inequalities.<\/strong><\/span><\/p>\n

World Economic Forum\u2019s latest report says social inequality negates gains from high economic growth<\/strong><\/p>\n

\n
\"Poverty.<\/div>\n
\n

Why does India remain\u00a0persistently poor\u00a0\u2014 especially specific group of its population?. A new study from the World Economic Forum (WEF) has added another dimension to the debate: India\u2019s social inequality keeps a significant section of the population poor forever despite the country\u2019s impressive economic growth.<\/p>\n

WEF on January 19, 2020 released the\u00a0Global Social Mobility Report 2020: Equality, Opportunity and a New Economic Imperative<\/em>. It is currently holding its annual meeting, coinciding with its 50th<\/sup>\u00a0anniversary, in Davos, Switzerland.<\/p>\n

According to the report, Indians born in low-income family would take seven generations to even approach the country\u2019s mean income.<\/p>\n

Some 220 million Indians sustained on an expenditure level of less than\u00a0Rs 32 \/ day\u00a0\u2014 the poverty line for rural India \u2014 going by the last headcount of the poor in India in 2013.<\/p>\n

India\u2019s per capita income was pegged at Rs 1,12,835 by the National Statistical Office in its recent advance estimate for fiscal 2019-20. It is a crude indicator of the country\u2019s well being.<\/p>\n

The Global Social Mobility Index assessed 82 countries \/ economies on five key indicators:<\/strong><\/p>\n

    \n
  • Health<\/li>\n
  • Access to and quality of education<\/li>\n
  • Technology<\/li>\n
  • Work opportunities, wages and conditions<\/li>\n
  • Coverage of social protection and inclusive institutions<\/li>\n<\/ul>\n

    The Index defines social mobility as \u201cthe movement in personal circumstances either \u2018upwards\u2019 or \u2018downwards\u2019 of an individual in relation to those of their parents.\u201d Practically, it means whether a child leads a better than her \/ his parents.<\/p>\n

    Another layer \u2018relative social mobility\u2019 \u2014 investigating the impact of one\u2019s socio-economic background on her \/ his life \u2014 was added to the index.<\/p>\n

    India placed 76th among the 82 countries \/ economies. \u201cDespite a significant decrease in the percentage of people living in absolute poverty, there are several areas for improvement for India to provide more equally shared opportunity to its population,\u201d said the report.<\/p>\n

    One of the key findings of the study is a reiteration of what have been debated for long: Born poor invariably leads to longer poverty stints.<\/p>\n

    \u201cAcross economies, children born in less affluent families tend to experience greater barriers to success than those born in more affluent families,\u201d the report claimed. This has arguably led to the much debated perpetuating income inequality in the world.<\/p>\n

    The study\u2019s findings made it clear that countries with high social mobility score have lower income inequality. The opposite was also visible: \u201cCountries with low relative social mobility \u2014such as China or Brazil \u2014 also exhibit high levels of economic inequality,\u201d according to the index.<\/p>\n<\/div>\n<\/header>\n","protected":false},"excerpt":{"rendered":"

    How India remains poor: \u2018It will take 7 generations for India\u2019s poor to reach mean income\u2019 Relevance : G.s paper<\/p>\n","protected":false},"author":1,"featured_media":11844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1033,18,844,1038,114,1029,1028,1032,1026,116,1027,1031],"tags":[1920,1922,1926,1693,155,1925,1917,1729,521,1924,1860,1929,1921,1916,1696,1859,1919,1915,1918,1928,1923,540,1798,130,1927,312],"class_list":["post-12414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-optional-sociology","category-general-studies-ii","category-gs","category-gs-mains","category-sociology-optional","category-sociology-ias","category-sociology-mains","category-sociology-mains-ias","category-sociology-optional-sociology-optional","category-sociology-optional-paper-ii","category-sociology-upsc","category-sociology-upsc-mains","tag-absolute-poverty","tag-barriers-to-success","tag-deprivation","tag-economic-growth","tag-education","tag-exclusion","tag-global-social-mobility-report-2020","tag-governance","tag-health","tag-hierarchy","tag-hunger","tag-inclusive-institutions","tag-income-inequality","tag-income-mobility","tag-india","tag-poverty","tag-relative-social-mobility","tag-social-inequality","tag-social-mobility","tag-social-protection","tag-socioeconomic-background","tag-sociology","tag-stratification","tag-technology","tag-work-opportunities","tag-world-economic-forum"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/12414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/comments?post=12414"}],"version-history":[{"count":5,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/12414\/revisions"}],"predecessor-version":[{"id":13631,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/12414\/revisions\/13631"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/media\/11844"}],"wp:attachment":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/media?parent=12414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/categories?post=12414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/tags?post=12414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}