Describe poverty trends in India since 1973.

The Economic Survey of 2017-18 shows that although poverty has declined in the country, the number of poor still remains to be very high. The poverty ratio of 1993-94 for both rural and urban areas together was around 45%. The ratio for the year 2011-12 declined and came down to 22%. Moreover, the topic of worry remains that there has not been any massive diminish in the number of poor living in the country. From 404 million poor population comprising of both rural and urban areas together in the year1993-94. The poor population till the year2011-12 consistently remains to be 270 million for both rural and urban community. The survey clearly depicts that the concerned authorities must take some serious actions in order to make India a country free of poverty.

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