POVERTY Made by: Himali, Varisha, Chandrika & Saumya

Poverty is the state of being without, often associated with need, hardship and lack of resources across a wide range of circumstances. WHAT IS POVERTY?

A common method used to measure poverty is based on incomes or consumption levels. A person is considered poor if his or her consumption or income level falls below some minimum level necessary to meet basic needs. This minimum level is usually called the "poverty line". Information on consumption and income is obtained through sample surveys, with which households are asked to answer detailed questions on their spending habits and sources of income. HOW TO MEASURE POVERTY?

Dire poverty –a case study  But just a few kilometers away from the happily satiated families and the hustle and bustle of Marine Drive and Cream Centre lies Dharavi, Asia's largest slum.  Sandwiched in between two of Mumbai's main railway stations, it is a glaring reminder that growth has yet to reach all corners of India.  Over one million people live in the Dharavi slum, which covers about 1.75 square kilometers of swampy, muddy land.  The oldest hutment was built here about a hundred years ago.  And still the residents of Dharavi live in cramped housing with little or no sanitation

Dire poverty A shack at Dharavi can cost about $10,000, and more than 10 people might live in one at any given time. A shack at Dharavi can cost about $10,000, and more than 10 people might live in one at any given time. Dharavi has sprouted in the centre of Mumbai mainly because of a lack of affordable housing for the thousands who move here from around the country, in search of the great Mumbai Dream. Dharavi has sprouted in the centre of Mumbai mainly because of a lack of affordable housing for the thousands who move here from around the country, in search of the great Mumbai Dream. Unemployment is rampant in the North Eastern belt of India, so many flee to live in slums in Mumbai and earn a living rather than starve on peasant farms at home Unemployment is rampant in the North Eastern belt of India, so many flee to live in slums in Mumbai and earn a living rather than starve on peasant farms at home

ECONOMIC GROWTH & POVERTY??

Rapid growth  The economy has been growing strongly in recent years.  That has helped more people lift themselves out of poverty than at any other time in India's history, and the government here is optimistic about the future.  Despite such signs of industry and progress, Dharavi's residents are still nowhere near able to pronounce themselves part of India's growing middle class.  Like many Indians, they live in desperate conditions.  A third of India's one billion strong population still lives below the poverty line.

Poverty in India. Growing market  The rapid growth of the Indian economy has arguably benefited the educated, the skilled section of society the most.  Currently the economy is expanding at a rate of 8% per year, and an average of 6% growth over the last few years has led to higher salaries for many of India's young professionals but what about the common Indian, the teeming masses ?