2007-11-20 02:15:57 · 8 answers · asked by Anonymous in Social Science ➔ Economics
the population of India is 1 billion and is extremly huge country...so i guess to eradicate poverty...u need better infrastructure,industrialization,better job opportunities,better healthcare,better housing and schooling facilities,better transportation,better techonlogy...just to name a few:) so i wd say fr the time being a 100 billion pounds would suffice
2007-11-20 02:25:59 · answer #1 · answered by gayatri 2 · 0⤊ 1⤋
No amount of POUNDS can eradicate poverty of India.There's a thoroughly corrupt adminidtrative and political system deep rooted in this country.Every pound will be pocketed by these corrupt ones. The poor will remain where they were/are. They are 40% or more of the population of this country.They will have to remain poor, uneducated and diseased always , so that the corrupt politicians can make fool of them for eternity by means of so called "General Election".......once in every 5 years.
2007-11-23 14:13:25 · answer #2 · answered by bikashroy9 7 · 0⤊ 0⤋
The exact amount would be equal to capital needed to educate all uneducated Indians + capital needed to improve infrastructure requirements of our country + capital needed to teach the farmers new farming techniques to improve production and quality + capital needed to make more n more Indians self dependent.
This will be only possible if corruption and politics is totally nullified.
2007-11-20 10:41:18 · answer #3 · answered by amit l 1 · 1⤊ 0⤋
There is no reasonable answer. First, you need to define poverty. Secondly, any money provided would need to be invested into productive means. Simply handing out money would destroy the world monetary policy, result in uncontrolled inflation and be consumed in a finite period of time.
2007-11-20 10:20:43 · answer #4 · answered by Anonymous · 1⤊ 0⤋
If you can eliminate all the politicians, corrupt bureaucracy, middle man and natural calamities , the poverty would be eradicated by zero Pound expenditure..
2007-11-22 03:25:56 · answer #5 · answered by sb 7 · 0⤊ 2⤋
Gayatri's ans is good...just one problem...the billion pounds would end up in just a couple of politicians pockets....theirs are deep pockets as we know!,,,,so i would guess...billion with non-corrupt politicians b the ans?
2007-11-20 14:20:25 · answer #6 · answered by prtpjs 3 · 1⤊ 0⤋
we need people to work hard, not politics
2007-11-20 10:28:58 · answer #7 · answered by SK 4 · 0⤊ 2⤋
only one is enough if spent properly.
2007-11-21 04:16:39 · answer #8 · answered by ps 3 · 0⤊ 1⤋