http://www.hindustantimes.com/business-news/WorldEconomy/Pov...Poverty has been reduced from 37% to 29% by downgrading the definition of poverty. Currently it stands at $0.5 per day of consumption. So 30% population consumes at $0.5 per day in a 15% annual inflation environment. To me, this is a significant investment risk (mounting social unrest) in India. I have a lot if investment in India and I feel I need to wind it down to a trickle. At some point, things can implode as poverty reduction is just not happening.Anurag
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