POOR PEOPLE IN INDIA

We are entering into new year (2011), so many young people think about how we celebrate the new year.  please don't think about parties.
Please think once, we are entering into 2011, till now our people are POOR.... WHY?

The World Bank estimates that 456 million Indians (41.6% of the total Indian population) now live under the global poverty line of US$ 1.25 per day (PPP). This means that a third of the global poor now reside in India. However, this also represents a significant decline in poverty from the 60 percent level in 1981 to 42 percent in 2005. The rupee has decreased in value since then, while the official standard of Rs.538 (urban)/Rs.356 (rural) per month has remained the same. Income inequality in India is increasing.

On the other hand, the Planning Commission of India uses its own criteria and has estimated that 27.5% of the population was living below the poverty line in 2004–2005, down from 51.3% in 1977–1978, and 36% in 1993-1994.

In 1947, the average annual income in India was US$439, compared with US$619 for China, US$770 for South Korea, and US$936 for Taiwan. By 1999, the numbers were US$1,818; US$3,259; US$13,317; and US$15,720.

the average income in India was not much different from South Korea in 1947, but South Korea became a developed country by 2000s. At the same time, India was left as one of the world's poorer countries.

India currently adds 40 million people to its middle class every year.

the World Health Organization, states "that about 49 per cent of the world's underweight children, 34 per cent of the world's stunted children and 46 per cent of the world's wasted children, live in India."