Percent of population living on less than $1.90, $3.20 and $5.50 a day

According to World Bank, the countries with the highest poverty rates in the world are:

• Madagascar – 70.70%
• Guinea-Bissau – 69.30%
• Eritrea – 69.00%
• Sao Tome and Principe – 66.70%
• Burundi – 64.90%
• Democratic Republic of the Congo – 63.90%
• Central African Republic – 62.00%
• Guatemala – 59.30%

Mississippi (25.2 percent) and Louisiana (23.6 percent) had the United States’ two highest poverty rates. Consequently, the South’s rate 15.7 percent was the Nation’s highest.

Some of the 15 countries (China, Kyrgyz Republic, Moldova, Vietnam) effectively eliminated extreme poverty by 2015. In others (e.g. India), low rates of extreme poverty in 2015 still translated to millions of people living in deprivation.

Womankind, female new-borns and old people are said to be the poorest of the poor. Within a poor family, such individuals suffer more than the others. As per the fact, they are systematically denied equal access to the resources available to the family.

1990: The World Bank defined extreme poverty as people living on $1 or less a day. Around 1.89 billion people, or nearly 36% of the world’s population, lived in extreme poverty. Nearly half the population in developing countries lived on less than $1.25 a day.

A person below the poverty line is poor. In India a person who earns less than Rs 32 for rural India, Rs 47 for urban India is poor. A person who likes below poverty line and don’t have sufficient money to full fill their basic needs and who can’t afford good quality food is considered as poor person.

According to chapter poverty, a poor is described as any person, who is deprived of the basic necessities i.e. the one who cannot afford to have food, shelter, cloth, education, and health care facility along with economic activity is called a poor person.

That is particularly true for the world’s 10 poorest. All of them are found in Africa, where per-capita purchasing power is on average $1,181….Advertisement.

Poverty line refers to the cut off point in terms of per capita expenditure incurred by the people to satisfy basic needs. 300 are considered as poor or. While, those with a per capita expenditure above Rs. 300 are considered to be above poverty line.

Orissa, Bihar and Madhya Pradesh are the three poorest states in India with their people living below the poverty line being 47, 42 and 37 per cent respectively.

Maharashtra

These are the 10 richest states in India by GDP

• Maharashtra. GDP Rs 27.96 lakh crore — The economy of Maharashtra is the largest in India .
• Tamil Nadu. GDP Rs 17.25 lakh crore — Tamil Nadu has the second-largest economy in India.
• Karnataka.
• Uttar Pradesh.
• Gujarat.
• West Bengal.
• Andhra Pradesh.
• Telangana.

Mississippi

Maryland

1. Atherton, California. Home to tech billionaires such as Facebook’s Sheryl Sandberg and Google’s Eric Schmidt and just a short drive from Palo Alto and San Francisco, Atherton is richest place in America for the fourth year in a row.

New Mexico

These Are the 10 Wealthiest States:

• Maryland.
• Massachusetts.
• New Jersey.
• Hawaii.
• California.
• Connecticut.
• Washington.
• New Hampshire.

Connecticut

List

BUDGET PROJECTIONS FOR FY 2021

188.5 billion USD (2021)