This is about Rs 12 lakhs in Indian money today.
* The survey found that 42.7 million persons in the USA had income below the poverty level. The national poverty rate is 14.7%
* Some major ethnic groups studied and their poverty levels were :
Filipinos 5.8% lowest Indian Americans 8.2% Japanese Americans 8.2% Whites 11.6% as a national group average Asians 11.7% as a total group
Vietnamese 14.7%
Koreans 15%%
Native Hawaiians &
Pacific islanders 17.6%
Hispanics 23.2% Cubans 16.2%, lowest, and
Dominicans highest at 26.3%
African American 25.8%
American Indians &
Alaska Natives 27%
* Although Indian Americans have the highest per capita income amongst all the
major ethnic groups, more than 8% of the nearly 3 million Indians are below
the poverty line.
* Asians in 9 states had poverty rate below 10%. The states are : Connecticut,
Delaware, Hawaii, Maryland, Nevada, New Hampshire, New Jersey, Virginia and
South Carolina.
* Obama wants to increase the minimum wages to $9 to combat poverty.
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