Do you still think India is a poor or developing country?
India may be having the largest amount of gold distributed among its population. India has the largest number of qualified and English speaking people in the world. India is home to maximum number of languages and cultures. India has the oldest continuous culture in the world. Poverty in India is a way of life acceptable to those who are poor by choice. The money spent on a single festival in India on entertainment can finance the budget of a single country. Is it still justified that Indians call themselves poor or allow the world to do so?
I would classify India as an emerging economy, but the country is still underdeveloped. Economically speaking, India is growing at an impressive rate. But development is about more than national income. Amartya Sen (a world renown economist, and the co-developer of the Human Development Index used by the United Nations) defines development as 'freedom'. If we measure India's development based on his definition - taking into account political and civil freedoms, economic entitlements and distribution of income, gender equity, to name just a few factors - India could still not be classified as a developed country. The caste system is still very prominent in many areas, bride burnings still occur at an alarming rate, there is vast income inequality, and some farmers in so much debt that they take their own lives by drinking pesticide...just to name a few of the social issues. So I would say that given the economic growth in recent decades, India is on it's way toward development; but the country still has quite a ways to go.
While India has one of the quickest growing economies in the world, surpassing the rate of the United States, it may still technically be a "developing country." However, are not all countries of this world still developing works in progress?
by priyabhardwaj 9 years ago
why india is still a developing country....even after 52 years of independence?
by saurabhpande23c 7 years ago
Do you really feel that India is all about poor and hungry people ?I was watching a movie one fine day. In the movie, a guy from USA comes and visits Dhobighat in Mumbai [a place where collectively clothes are cleaned] and some guy asks him why did he come to India ? And, this person from USA says...
by Goodpal 16 months ago
Is giving money the only way to help poor people?You can't get rid of poverty by giving people money. - P. J. O'Rourke. What do you think?
by ramkkasturi 9 years ago
Is corruption correlated with the development of a country?The general belief is that developing countries are more corrupt than developed countries? Is this true? How is corruption measured and ranked?
by Jane Taxpayer 8 years ago
Why do we treat Third world poverty differently than poverty in "Industrialized" nations?It's been getting my goat lately... Everyone seems so concerned about fighting poverty in India or Africa, but when we see poverty here in the western world, we look at the "beggar"...
by urs_dipak 2 years ago
Do you think India is world’s most corrupted country?Do you think India is world’s most corrupted country?
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