The World Bank Group 's Partnership Strategy For India

With the poverty come various challenges, such as no access to information, no (or limited) financial assistance, no basic needs fulfilment and the lack of willingness as a result. Any one country can target poverty through communicating successful pilot projects. Benefit of such programmes has to be highlighted in order to get a larger buy in. Usually rural areas are coupled with poverty and high unemployment. These areas can be the target of pilot programmes and constant monitoring after implementation is essential.

One good point of World Bank is it supports economic growth in developing countries. World Bank has helped many developing countries on their economic growth. It supports economic growth by providing fund in the form of loan to build infrastructure that could boost the economic activities. An example from Tanzania, home for 51.8 million people whom 73% of people still live in the rural area where there is no electricity yet. In this mission,

Sachs supports the discussion topic that development of Third World countries is only possible if the developed countries provide financial support to them. “Africa needs around $30 billion per year in aid in order to escape from poverty” (Sachs, 2005: 309). He believes that a society needs external help to be in track when it falls into deep crisis (Sachs, 2005: 130). According to Jeffrey Sachs, foreign aid is the only solution for the poor countries to eradicate extreme poverty and to break down the ‘poverty trap’ cycle (Sachs, 2005: 245). Sachs is very optimist about that, more aid, forgiveness of debts, better trade terms policy and more access to technology from West can help to eradicate extreme poverty of rest by 2025. The aid should be spent on infrastructure development, disease control and market reforms

In India, poverty is a terrifying issue. Over the years, the rates of the those suffering from the inability of having access to the essentials of life have fluctuated. The government of India has launched several programs to alleviate the poverty. First of all, the government has relied on three approaches for reduction of poverty. According to Smriti Chand, these include: 1) quest of higher economic growth, 2) direct anti-poverty programs and 3) high priority to government expenditure on social sectors, (2014). Most importantly, some of the programs that have been launched are: Antyodaya Plan and the Twenty Point Program. These are two of the twenty-one programs that’s have been created to resolve poverty in India. The Antyyodaya Plan is one that is designed to provide subsidized food to millions of poor families. This was launched by the NDA

The scenario created take place 10 years from now, in 2025. The focus here is to put India First, above other interests. The focus is on upgrading and developing six key areas, i.e. Poverty, Agriculture, Healthcare, Education, Infrastructure and Governance (India and the world, 2010). There is a balance for between the desire for immediate profit and long-term goals. By 2025, India has sustained economic growth and balanced development, taking advantage of its vast population, and transforming itself into a responsible global

According to the U.S. State Department (2012), “India's population is estimated at more than 1.1 billion and is growing at 1.3% annually. India has the world's 12th-largest economy with the third-largest in Asia behind Japan and China”. The improvement in India’s economy was influenced in part by encouragement from the World Trade Organization, which aided in negotiating a decrease in import taxes; allowing India to function from a healthier position economically. This move momentously changed India’s ability to offer goods and services. (U.S. Department of State)

India with about 1.2 million populations and china with about 1.3 billon population are two big demographic and emerging countries in the world .Over a past few decade India’s combination into the economic has been accompanied by remarkable economic growth (World Bank 2011¬).India is having the 3th position on the economy in purchasing power parity (PPP) terms (The Economic Times, 2012). India’s total GDP (gross Domestic Product) growth was 5.5% in 2012 and inflation rate is was .........(The Economist, 2012) .According to government of India poverty has been decline from 37.2% in 2004 to 29.8% in 2010 (world bank 2011).The major economic growth sectors

Poverty is an inarguable inevitability that varies in definition and severity from country to country. Poverty can be caused by many factors- economic instability, lack of education, a natural disaster, or overpopulation. These factors become a normal situation and then a culture of poverty forms and is passed down from generation to generation making it nearly impossible for the cycle to end. A culture of poverty is especially evident in India. It is estimated that twenty one percent of the Indian population survives on one dollar and ninety cents a day. When assigning a statistic to the poverty in India, the percentage of people living in poverty is different with each source, varying from twenty all the way to fifty six percent of the 1.25 billion people living in India. Women, children and members of the lowest class (Dalits) may or may not be counted in India’s poverty statistic so to assign an accurate value to the percentage of the poor in India is almost impossible. India is considered to have the economic potential to be a leading power but this strength cannot make up for the economic disparities and a huge gap between the rich and poor. Overpopulation and the government’s inability to utilize programs to enable impoverished individuals to begin to provide for themselves and contribute to the nation’s economy prevents India from fully developing as a country.

Most countries have their own set of rules, rules that later can become policies and may be put into place to ensure and endorse the well-being of the country. (Corrigan & Di Battista, 2015) India’s “economy has been one of the largest contributors to global growth over the last decade, accounting for about 10% of the world’s increase in economic activity since 2005, while GDP per capita in purchasing power parity (PPP) terms is today three times as high as in 2000.” However, contributing to growth is not necessarily an advantage to a country. India continues to have the largest number of poor in the world, approximately 300 million are in extreme poverty and is one of the largest and youngest population in the world. In order for India to have a more resilient future, it must better focus on better education, focus on female participation in the labor force, and ensure decent living conditions for the vast majority of its citizens.

India and South Africa are members of the five major emerging economies. They are both developing countries however, they are well distinguished for their large democracy, fast-growing economies and significant influence on regional and global affairs. This report aims to comparatively analyse whether India or South Africa is in a better position to succeed in the global economy. For the purposes of this report, I will be comparing and analysing each country’s political and economic environment and also looking at the environment for foreign direct investment in order to determine whether India or South Africa is in a better position to succeed.

India has undergone a process of economic liberalization and comes under top 5 fastest growing economies in World over past three decades . The Industrial sector crated abundant wealth over the period of 10 years, yet the growth has trickled down the large population of the nation with lack of access to basic amenities such as sanitary, clean water, health facilities and the list goes on. India is ranked as 135th amongst 187 countries as per the latest Human Development Report. Inspite of India being recognized as global player, the nation is home to largest number of poor, malnourished children, poor access to health, education

G7 summit 2015 in Schloss Elmau has created a new chapter to many developing and developed nations like India and China to be part of this group as a guest. Opens new vision for these nations to get benefitted in its annual meeting. When these highly industrialized nations are discussing multifaceted problems like Terrorism, Environment, women empowerment, economic development, global economic balance etc.

India is attempting to do in 10 years what took 25-30 years in other major global markets. However, to-date there is very little understanding of what the impact of

9.1 Poverty is a state where a person finds it unable to maintain a minimum socially accepted level of standard of living. It is regarded as the root cause for low levels of health and educational outcomes, poor access to clean water and sanitation, inadequate physical security, lack of voice, and insufficient capacity and opportunity for mobility. Poverty alleviation remained the central to all the state and central level policy making. The Five Year Plans in India had their focus directly or indirectly on reducing the poverty levels throughout. In India the Planning Commission has been deciding on the methodology and making estimates of the number and percentage of poor at national and

‘India shining’ has been the political slogan for India since the turn of the new millennium, and rapid economic growth over the last decade enunciated the saga of India rising. However, our “tryst with destiny” has been a mysterious journey of a struggle with poverty and illiteracy. Every day as millions of English-speaking educated youths chase their ‘big Indian dreams’, millions more continue their fight for survival. The ruling parties boast of our 7-8% economic growth, continuing