How India remains poor: 'It will take 7 generations for India's poor to reach mean income'
India, Jan. 21 -- World Economic Forum's latest report says social inequality negates gains from high economic growth
Why does India remain persistently poor - especially specific group of its population?. A new study from the World Economic Forum (WEF) has added another dimension to the debate: India's social inequality keeps a significant section of the population poor forever despite the country's impressive economic growth.
WEF on January 19, 2020 released the Global Social Mobility Report 2020: Equality, Opportunity and a New Economic Imperative . It is currently holding its annual meeting, coinciding with its 50 th anniversary, in Davos, Switzerland.
According to the report, Indians born in low-income family would take seven gene...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.