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Yes, globalization has contributed to a decrease in the poverty rate in India. Since the economic liberalization in the 1990s, India has experienced significant economic growth, leading to increased job opportunities and higher incomes for many. This growth has lifted millions out of poverty, though disparities remain, and challenges such as unemployment and rural poverty persist. Overall, while globalization has played a crucial role in reducing poverty, its benefits have not been uniformly experienced across all segments of the population.
What else can I help you with?
What happened after welfare reform?
The poverty rate decreased significantly
What are some potential obstacles to economic growth in India?
Very large poverty rate and their low literacy rate
Growth rate of banking sector in India?
The growth rate of banking sector in India is averaged to be at abut 4% per annum. The poverty levels are the main contributors to this pace of growth.
What is the poverty rate in Greece?
The poverty rate in Greece was 23.2 in 2015.
What is the poverty rate of Peru?
The country's total poverty rate is 30.2% which includes 13.7% of extreme poverty.
Which country has the lowest currency value in the world?
india will lowest currency rate, higheast unemployment, poverty, hunger in 2015. actually india will be failed state in 2015.........................
Which country's currency has the lowest value in the world?
India will lowest currency rate, higheast unemployment, poverty, hunger in 2015. actually india will be failed state in 2015.........................
What are two ways that the size of population can increase?
Increased Birth Rate or decreased Death Rate
What is CRR rate by RBI of India in 2011?
present CRR is 5.50%..it has decreased from 6% (according to 2012 data)....earlier it was 6% in 2011....
What indicators which shows that a certain society is developing economically?
a few might be the literacy rate has gone up, the poverty levels have decreased, less unemployment, higher infant mortality.
What is Germany poverty rate?
11% of Germany is below the poverty line, national rate is 13.5%
What is the poverty rate in pakistan2010?
The poverty rate in Pakistan is 40 percent according to the World Bank.
