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Question
What is the poverty line in India and how many people live below that figure?
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Solution
- Poverty line is an economic benchmark and poverty threshold used by the government of India to indicate economic disadvantage and to identify individuals and households in need of government assistance.
- It is basically decided on the basis of the purchasing power of the individuals.
- The government of India has defined the poverty line in rural areas as Rs.276 per month and in urban areas Rs.296 per month.
- The number of people who live below poverty line in India is above 300 million people.
- Poverty line is an economic benchmark and poverty threshold used by the government of India to indicate economic disadvantage and to identify individuals and households in need of government assistance.
- It is basically decided on the basis of the purchasing power of the individuals.
- The government of India has defined the poverty line in rural areas as Rs.276 per month and in urban areas Rs.296 per month.
- The number of people who live below poverty line in India is above 300 million people.
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