India: Booming economy, poverty crisis, evictions

Indian Prime Minister Narendra Modi gestures as he delivers his Independence Day speech from The Red Fort in New Delhi on August 15, 2015. (AFP Photo)

India's economic growth picked up to 7.4 percent. Higher domestic demand and manufacturing activity has fuelled the pace, taking the rate of growth above that of China. The administration of Prime Minister Narendra Modi has improved the economy. So why are there between 500 and 800 million people, out of a population of 1.2 billion, living in poverty?

India has the fifth poorest population in the world: 42 percent of its population is either poor, living in slums, or does not have access to basic needs, like bathrooms.

Another problem plaguing the population is eviction. Big businesses and corporations are investing on industrial and residential projects, but at the expense of the people, who are getting forcibly evicted.

One example is the POSCO project, a joint venture with South Korea and the Indian government. So far, 12,000 people have been evicted, which could increase to 20,000.

Another project is 100 elite smart cities, where no poor are allowed, as their slogan says. Sociologists have said this would lead to social apartheid.


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