Economy, asked by examstart, 3 months ago

1. Describe how the poverty line is estimated in India?
2. Do you think that present methodology of poverty estimation is appropriate
3. Describe poverty trends in India since 1973?
4. Discuss the major reasons for poverty in India?
5. Identify the social and economic groups which are most vulnerable to poverty
in India
6. Give an account of interstate disparities of poverty in India.
7. Describe global poverty trends.
8. Describe current government strategy of poverty alleviation?​

Answers

Answered by tanushkagauvas
3

Answer:

person is considered poor if his or her income or consumption level falls below a given “minimum level” necessary to fulfil the basic needs. ... In India, the poverty line is estimated by multiplying the prices of physical quantities like food, clothing, footwear, fuel, light, education, etc. in rupees.

Answered by students00007
10

1). person is considered poor if his or her income or consumption level falls below a given “minimum level” necessary to fulfil the basic needs. ... In India, the poverty line is estimated by multiplying the prices of physical quantities like food, clothing, footwear, fuel, light, education, etc. in rupees.

2). No, the present methodology of poverty estimation is in appropriate because it takes into account only the basic needs of food, clothing, fuel, etc. ... (a) The amount which is fixed as the poverty line does not include the margin for price fluctuations and price rise which is constantly occurring.

3)There was a substantial decline in poverty ratios in India from about 55% in 1973 to 36% in 1993. (a) The proportion of people below poverty line further came down to about 26 % in 2000. (b) If the trend continues, people below poverty, line may come down to less than 20 % in the next few years.

4) Main Causes of Poverty in India

(i) Heavy pressure of population:

(ii) Unemployment and under employment:

(iii) Capital Deficiency:

(iv) Under-developed economy:

(v) Increase in Price:

(vii) Rural Economy:

(viii) Lack of Skilled Labour:

5)The social groups most vulnerable to poverty have been identified to be the scheduled caste households and the scheduled tribe households with both these groups having above average levels of poverty indicators in the rural and the urban population.

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