Poverty Premium.

A significant proportion of India lives under less than $ 2 a day as compared to other countries. World over the poor pay a premium on every thing from rice to credit. The poverty premium or rather poverty penalty is universal and differs in magnitude form country to country. The poor pay more some times up to 25 times more than what the rich pay for the same services. Poverty penalty is a result of local monopolies, inadequate access, poor distribution and strong traditional intermediaries. Find out more.