Indian-American

USA boast the highest per capita income in the Indian-American sleeps. According to the latest Census Bureau reports nearly 30 million Indian-American community's eight phisad and more people are living below the poverty line.

Years 2007-2011, according to the American community survey in the United States 4.27 million people's income is below the poverty line while the national poverty rate to 14.7 percent.. was released on Wednesday, according to the Census Bureau report 8.2 percent poverty rate lower than other Indian American ethnic groups are poor. Japanese Americans poverty rates also poverty population rate of 8.2 percent. Asian viyatnamiyon [14.7%] and Korean people [15%] in most. While the lowest rate of Philippine native peoples poverty is 5.8 percent.

Report says poverty rate in nine provinces to u.s. Asian-majority is down to 10 percent. These are province-Connecticut, Delaware, Hawaii, Maryland, Nevada, New Jersey, Virginia and South Carolina new hampers, according to redneck and Alaska Native report. [27%] and black or African American poverty rate, national rate [25.8 per cent] is more than whites and Asians as well although the poverty rate is statistically different from each other as.

What is the definition of poverty

The US Government's definition of poverty is based on incomes. for example in the year 2012 to poverty-level family of four people's annual income $ 23050 [estimated 12.57 million bucks] were determined.

Business of Subsidy

Long after the Government subsidy on diesel kashmakash eliminate the subsidy to needy aspiring arrived. the direct cash transfer [DBT] beginning. the Government has decided that reduce the burden of subsidy from the Exchequer. but food security such as large on the front step by the Government indicates that it gave to her populist political ambitions do not stop.

Finance Minister p. Chidambaram in his upcoming budget to balance in the dualism of subsidies bithana. treasure hunt led to slower speed of revenue collection condition already bad. the current fiscal year's budget of around 1.80 lakh crores subsidies. this large chunk spent on food subsidies and petroleum subsidies.

But the sharp decline in the price of rupees against the dollar from the burden of petroleum subsidies skyrocketed. Prime Minister's economic Advisory Council estimate from 2012-13 fall of petroleum subsidies amounting to crores of approaching 1.60 million. the budget for the provision of just 43580 crores.

A large part of petroleum subsidies on diesel subsidies to repay. the only way of setting up repositories of subsidy comes out of this vicious cycle. Finance Minister p Chidambaram the Finance Ministry led by forward step. as well as many government subsidies via DBT likes try closing the hole even though.Kerosene, LPG, fertilizer, etc. but being given subsidies to be involved. Minister of finance will also move in this direction.

So despite all the Government not out of compulsion to be populist. year 2013-14, for the budget Chidambaram in huge challenge. samprag this is the last budget before the general election of the Government making a law for food security had pledged seven million tonnes of grain storage it is required to provide cheap foodgrains to the general public. This is a big government program. To meet the political ambitions in this key role. Finance Minister in the next budget for special provisions. as the current fiscal year budget for the provision of food subsidy of 75 thousand crore rupees.