the WB releases a press note on the latest poverty research.
the indian press go ballistic with this data, some saying "poverty reduction" and some saying "poverty escalation".
TOI has a chart
certainly doesn't look good. and from experience of being here and having a ear to the ground, poverty prevalence is real and omnipresent. and the data just reinforces real experiences.
whats keeping india depressed in the charts?
in my analysis, there are 2 key factors:
1. rising health costs - CV Madhukar takes this head on and i agree.
2. corruption - i had earlier blogged on it.
point 1 is closely linked to poverty and nutrition.
point 2 is closely linked to poverty and greed.
we will need to do 'forcible liposuction' on the leeches. there are now just too many of them to be able to just use salt.
Wednesday, August 27, 2008
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