The essential item producers and distributors in every nation, inflate the prices of their commodities, to cover up their mis-management every year, so that more and more people are not afford to buy them. Thus they create, increase and maintain an expanding below poverty line persons in the nation. This Book substantiates this statement, through verified inference. Also it suggests a dual ratio control on Essential item producers and distributors, for poverty eradication. All the species, in this world survived over the generations, by fitting themselves within the available resources, for many millennium (Darwins's theory). But human, because of their intelligence, survived in a 3 dimensional shell namely (a) The geography and environment (b) The social influences and (c) The economic infrastructure. This book pin points each segment of the world population in and under poverty line, using the World Bank survey map, and the Operating ratio as the measure of the performance of the essential suppliers. Lower ratio represents prosperity. India is taken as a representative country for the analysis. Agriculture is found to be of little value compared to the return on land investment, due to the absence of mass farming. Milk and other essential items like travel, textiles and construction are taken as essential items. An analysis of their Operating ratio in government and private sectors indicate that the ratio is high. It is because of their mismanagement, and monopoly status. They keep the citizen as their captive customers and use price increase as a leverage for their continued survival. Comparatively, this ratio in developed nations are low and under control. Conversely, the operating ratio of non-essential goods in the developing nations are low and favourable, because of competition and global business operators. The golden rule is that the Essential need supplies should keep their Operating ratio at 75 % or below. through cost and expense control. The growth rate of GNP should be equal to the population growth rate OR the population growth rate should be kept equal or less than the feasible GNP growth rate. This will eradicate the poverty in the world. This is applicable to all in government, public or private sectors and all the nations in developed, developing and under developed bracket of economic status.
About the Author: The author is academically a B.Sc., MBA., Ph.D., and a Post Doctoral degree holder in Computer Science. From 2010, an international Professor in Management Science and Technology, A MIS Consultant and Socio-Economic development acceleration specialist. A "Past "Data Processing Expert" in Commonwealth Fund for Technical Cooperation (CFTC), London and "Consultant Adviser" to the Caribbean Development Bank (CDB - A World Bank & UNDP setup), Barbados, West Indies. Author of over 60 publications in Management technique applications. 37 years experienced in national and multinational organisations as a Head of Techno-commercial departments and 12 years of Full-time & Visiting Professorship to many accredited institutions in the world. Between 1982 and 1992, associated with 5 Nobel Laureates in Economic Science. Created & published many new models concepts to accelerate the Socio-Economic Development, Country management for Global Leadership etc.., by the unique application of Algebra and Geometry to the area of Economics and Management Sciences.