Poverty in India on purchasing power parity. According to United Nation's Millennium Development Goals (MDG) programme 270 millions or 21.9% people out of 1.2 billion of Indians lived below poverty line of $1.25 in 2011-2012. From late 19th century through early 20th century, under British colonial rule, poverty in India intensified, peaking in the 1920s. Famines and diseases killed millions each time. After India gained its independence in 1947, mass deaths from famines were prevented. Rapid economic growth since 1991, has led to sharp reductions in extreme poverties in India. However, those above poverty line live a fragile economic life. As per the
Colonial India and valuable parts of the British Empire and thus became known as "the jewel in the British crown". According to modern data, the Mughal Empire was a very wealthy country with many independent princely states therefore it is possible that the country's governance system was outsourced to the Europeans. Long after the decline of the Roman Empire's sea-borne trade with India, the Portuguese were the next Europeans to sail there for the purpose of trade, first arriving by ship in May 1498. The closing of the traditional trade routes in western Asia by the Ottoman Empire, and rivalry with the