While cities like Mumbai and Delhi sprint ahead, other regions are catching up at their own rhythm. India, in essence, is a microcosm of the world. It’s evolving, growing, and continuously reshaping its identity. The next time someone throws the “Third World” tag, serve them a dose of history, a slice of today’s reality, and perhaps a.. People often use the term “Third World” as shorthand for poor or developing nations. By contrast, wealthier countries such as the United States and the nations of Western Europe are described.
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Still india is a 3rd world country why?
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Still india is a 3rd world country why?
When compared to the developed countries or China, India has a fair distance to cover. A 2018 diagnostic report on India by the World Bank said: “Even though India is the world’s third-largest economy in purchasing power parity (PPP) terms, most Indians are still relatively poor compared to people in other middle income or rich countries.. The growth of the past two decades has also led to India making remarkable progress in reducing extreme poverty. Between 2011 and 2019, the country is estimated to have halved the share of the population living in extreme poverty – below $2.15 per person per day (2017 PPP) (World Bank Poverty and Inequality Portal and Macro Poverty Outlook.
