India and Pakistan need to work hard to eradicate poverty says World Bank
 Source : News Bharati English  Date : 04-Oct-2016

Washington,Oct 4: India and Pakistan need to work hard to eradicate poverty says World Bank report published this week. The study finds that the lives of the poorest in most countries have improved since 2008.

60 out of the 83 countries have been  covered in the report. China, Indonesia and India have brought the largest numbers of people out of poverty since the crisis says report.

The report points out that India and Pakistan must work hard for archiving the goal of poverty eradication. The report of the World Bank mentions that, despite world's fastest growing economy the poor’s in India are growing slower than average. India is in better position than Pakistan in adult female literacy and life expectancy says World Bank.

According to Dawn, the World Bank report titled 'Poverty and Shared Prosperity' has put Pakistan among the countries where incomes of the poorest are growing faster than average. The poorest in Pakistan are slightly ahead of the four per cent national growth rate. It also includes Sri Lanka where China with growth rate more than 8% tops the list.

The World Bank report shows that, during 2007 and 2013, Pakistan’s annualised growth in mean consumption for the bottom 40pc was 2.81pc, compared to 2.53pc for the total population. Pakistan is also among the countries where the World Bank study noticed a shift toward declining inequality between 2008 and 2013

India has performed better than Pakistan in the area of life expectancy, which was 68 years in India and 66.1 years in Pakistan in 2014. In India life expectancy for women too, 69.49 years versus 67.15 years for Pakistan.

India, however, has a clear edge in adult female literacy with 59.2pc in 2011, while for Pakistan it was 41.9%. The data shows that as many as 21.25pc Indians live at or below the World Bank's poverty line of $1.90 a day compared to 8.3% in Pakistan.

The rate of Infant mortality in India has been declined from 46.3 per 1000 live births in 2010 to 37.9 in 2015, while for Pakistan the comparable figures are 73.5 in 2010 and 65.8 in 2015. In the case of undernourishment India has managed to reduce the level of undernourishment to 15.2pc of its population where Pakistan could manage 22 pc.