We hear about the song and dance from Pornywood on how great Bharat (aka India) is doing. Apologists of Bharat discuss the economic miracle. The fact remains that the anemic “hindu growth rate” has been the butt of jokes for the past 60 years–the lowest of all religions on the planet.
Here are some facts about Bharat where most of the world’s poor live. Each and every article uses Bharati sources and international statistics. It’s a myth that the global financial crisis left India virtually unscathed. In fact, India is the biggest victim of financial crisis-induced poverty, according to data obtained by TOI from the United Nations Department of Economic and Social Affairs’ (UNDESA). Check out these figures.
The UNDESA data estimates that the number of India’s poor was 33.6 million higher in 2009 than would have been the case if the growth rates of the years from 2004 to 2007 had been maintained. In 2009 alone, an estimated 13.6 million more people in India became poor or remained in poverty than would have been the case at 2008 growth rates.