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.