Poverty ratio soars to 37% as over 18m become poor

Discussion in 'Pakistan' started by cloud_9, Oct 10, 2012.

  1. cloud_9

    cloud_9 Regular Member

    Joined:
    Sep 18, 2012
    Messages:
    765
    Likes Received:
    690
    Location:
    Roaring Forties
    Poverty ratio soars to 37% as over 18m become poor
    Happy to yield our position this time :yield:
     
  2.  
  3. chase

    chase Tihar Jail Banned

    Joined:
    Aug 22, 2012
    Messages:
    553
    Likes Received:
    536
    Pakistan and India are almost the same in poverty levels but in pakistan the middle class is a smaller proportion of the population.Pakistanis have a very established feudal class,these guys are very rich .
    But pakistan severely lacks an affluent middle class unlike India which has a big,affluent and growing middle class.
    Middle class are the growth engine of the economy,they are the consumers,they are the employees and they are the one who bring change in society.

    In 70's we indians were suffering in hellish poverty,there was very little middle class because of socialist policies of secularwadi nehruji but there was a upper feudal class who were very rich.Same is the case is in pakistan.
    There are lack of middle class ecosystem like colleges,cities etc in pakistan.
     

Share This Page