India Overtakes Nigeria As World’s Poverty Capital With 83 Million Indians Living Below The UN’s Estimated…

World’s Poverty Capital: After setting a new example in the Press Freedom Index and Global Hunger Index on its way to becoming ‘Vishwaguru’ under the Modi regime, India has now become the poverty capital of the world overtaking Nigeria.

According to the news published in Business Insider Africa, till now the African country Nigeria was considered to be the poverty capital of the world with the highest number of poor.

New data from the World Poverty Clock(WPC) has shown that India has overtaken Nigeria. According to new figures, India now has 83 million people living below the UN’s estimated poverty line in 2022.

In Nigeria currently, 70 million people are living in extreme poverty, representing 33 percent of its’s over 200 million people.

In 2018, Nigeria held the position with about 87 million people in extreme poverty, compared with India’s 73 million.

India and Nigeria have the largest share of the world’s poor population which is 12.2% each. In Nigeria 8,30,05,482 are below poverty line whereas in India this number is 8,30,68,597.

According to the State of Food Security and Nutrition in the World report of the year 2020, 189.2 million people in India were malnourished at that time. These figures are expected to become more dire since the Corona period.

According to the news published in YKA, every year 2.5 million people in India lose their lives due to starvation. India has 27.5 points in the report of the Global Hunger Index in the year 2021, which shows a very bad situation.

A recent report released by Center for Science and Environment (CSE) and Down To Earth magazine says that 7 out of 10 Indians are unable to afford nutritious food.

Inflation is increasing day by day and especially in food items. In the past year, consumer food price index (CFPI) inflation — or food prices — has seen a 327% rise. Whereas the Consumer Price Index (CPI) – which includes the CFPI – has seen an increase of 84%. Unemployment and the effects of the pandemic have pushed many families into extreme poverty.

Indian Rupee has reached its lowest level ever. Now the value of one dollar is about 80 rupees. Market experts say that the crisis may still deepen.

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