However, the other side of India's success story potrays a gloomy picture. The benefits of this growth has not trickled down to the grassroots. It has concentrated within the elite sphere and among the middle class which has spread a culture of consumerism. More than 260 million people live below the poverty line and more than 268 million people are still suffering from food insecurity. India is placed at the 48th position having 31.4 percent value in the Human Poverty Index 2004 where as Maldives and Sri Lanka secures the 17th and 36th rank in the list of 95 developing countries. In India today 34.7 percent of the population live with an income below $ 1 a day and 79.9 percent below $ 2 a day. Nearly nine out of 10 pregnant women aged between 15 and 49 years suffer from malnutrition and about half of all children (47%) under five suffer from underweight and 21 percent of the populations are undernourished.
Though, it is a proud moment for us that the market economy has helped us overcoming the "Hindu Rate of Growth", we should find ways to effectively utilise the political apparatus to make economic growth inclusive and distribute its benefits among the the poor and marginalised sections of the society. The concentration of economy among the "choosen few" will increase the gap and create a society unsustainable in the long run.